RE:RE:RE:RE:RE:RE:Weekly trend reversal comingI guess you believe everything anyone tells you? Sounds like the analyst comment.. I rarely see a correct analyst of any equity usually hindsight. I got some investments for ya :) lol
I’ll believe the positive ebitda when I see it, those are some huge hopes and guesses. The reason it’s hard for a LP to produce top notch product is because you need to cold cure, dry hand trim product which on the scale these guys need to produce at, to pay salaries is crazy. Cost per gram of real top end product is not fully achievable in today’s market, given the black market pricing and added federal, provincial and municipal tax that was poorly guided in the beginning of legalization.
I hate pumpers that act on impulse spewing hoop dreams and hopefully can save a few peoples hard earned money.
maritimedreamer wrote: I fully understand that the 'market' has been around for years,,,,,, but i would be talking about companies under new regulations and that can be traded. holistically speaking, yes the market will find a certain equilibirum and there will be plenty of failures. I am a full believer that we are going to run into a major oversupply in cannabis..... but we have to start to understand that not all companies are created alike. Supreme is not the same as others..... they have been laser focused on one thing and one thing only.... growing the best cannabis possible (must work winning another award last night for craft grower of the year)...... you must agree that there will ALWAYS be a place for high quality cannabis..... and the brands that survive will be the ones that grow good cannabis and built a reputation on doing so. You must of also not heard the recent NR from supreme looking to no longer complete dilutive financing and positive cash flow just around the corner..... Supreme is set up to last.... many others are not.........
What i would like to ask you is why all of sudden come here?