RE:Reply to china scienceGents I am new to this board. I am not new to the investment industry and I am not new to med marijuana. I am not bullish of any of these companies. Will short Mettrum as soon as I can.
Over the next year there will be an over supply of such a huge amount that prices will come crashing down to $3/g. Or lower. Now that may shake out some companies, and TWD does have masive capicity and a really large market cap relative to the others who have gone public, so they may survive but all their margins will shrink even as they gain clients and revenues grow. None will thrive. Gross margins will be 20% in 18 months. They will be fighting like crazy to gain clients and they cannot adverise.
Now some of these LPs are producig excellent products. The growers involved are like winemakers vintners of MJ ... they have put in years cultivating the best strains and now they have a legal grow op to test new strains. Nirvana for them! And for the consumer this is outstanding. And more and more LPs are coming so more supply and over the next year they will have to cut prices - again great for the consumer.
JMO
:)