RE:RE:New extraction labtheTransporter wrote: CBD is such a saturated market in the US and has experienced insane price compression. My gut feeling is Rosen is going to make that 12,000sq.fr facility into more cultivation space. Flower is in high demand in Nevada and for him to want to build more cultivation space now means they must be at 100% production capacity out of their current 70,000sq.ft space, selling 100% of what they produce, and can't keep up with the demand.
Without federal legalization CBD is Rosens reach out of Nevada. He obviously had a reason to upgrade the exicting CBD/hemp facility. My guess CBD is selling more than he expected in the CBD Plus stores. I would of like to hear some news about a dispensary but I guess it is not needed since not every existng despensary in Nevada owns a cannibis cultivation facility.