PINL:GRPOF - Post by User
Comment by
4evergreenon Jan 10, 2018 9:59am
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Post# 27322152
RE:RE:LP's
RE:RE:LP'sVery good points.
ScienceGirl wrote: I am surprised lps had the run they did, i am expecting a crash anytime soon. Realistically, the only thing Canada has going for it right now is legislative support. Looking at the big picture, and considering climate and price of labor, it makes 0 sense to grow weed in Canda over places like Mexico and south America. Canada has to invest in fancy greenhouses, with heating etc, And those same conditions can be achived for free in warmer countries.
I think people are relying on these companies exporting as the Canadian market will be saturated with all the LPs we have. But when other countries follow in Canada’s footsteps price of production will be dropped dramatically pushing canada out IMO.
as for how this will affect Tetra, logically it shouldn’t except that people don’t really act logically when it comes to these stocks, so who knows.