2 things to considerEdibles--- I am in my late 70s and my generation ALL tried making brownies and ate them. We ALL learned our lesson. Consensus was/is that it's really dumb to eat it. No one I know eats the stuff. No control. When you smoke it, you know when to stop. Article in Salon suggests the Colorado experience is that ONE % of retail sales are edibles.
https://www.salon.com/2020/01/06/why-weed-edibles-are-far-more-risky-than-most-people-think/
There will of course be a spike in earnings from people who are inexperienced but I expect earnings from edibles to taper off considerably....unless we are different than the people in Colorado. Anyway somthing to keep in mind.
Price--This company grows it's own so it is able to lower the price. The street price for an ounce is 130-220 for thc in the 20% range which is what most people who smoked before legalization were accustomed to. I can't see how this company will earn a profit as long as they charge up to 500 an ounce. If they weren't so greedy they could cut the price of strong stuff by half and make a ton of $ as word would get out.
Not a basher. I like the grow pods concept for insuring disease not to spread.
Would like to invest at these prices but unless they lower prices....
Would like a counter argument.