RE:RE:RE:RE:So what MJ companies in Colorado and CalApples and oranges.
One is legal federally and the other completely restricted to the confines of that state. IS California bigger than the EU? Can Cali export? Starting to get the picture partner? These isn't a Canada thing anymore. It is a global market. Just like any other industry used GLOBALLY. There is a reason you aren't trading Cali pot stocks. What market would be trading them? The California stock market? They can't leave the state for anything, this is on all levels including banking.
My first rule of mj stock investing is, DO NOT under any circumstance invest in any American mj companies................................until the feds ltalk legalization for real. I stayed away from APH because I thought they were to vocal about being involved in anything down there. They are a good company.
One can raise capital and trade on global markets, the other has to worry about some 70 year old twit opening his mouth.
So with AB producing oil here do you think they value of oil is based on AB comsumption?
Colorado consumption numbers are based on sales within Colorada ONLY. Run the math. Thats one of the ways we are getting the 7 billion market estimates in Canada. That 7 billion doesn't take into account any exporting. Starting to get what is going on here and why we LOVE the fact the USA is stuck is BS politics?? The best part is still yet to come. WHEN the US does finally come around Canadian companies will be positioned to run their show. Global with crush local in Cali or Nevada. They will all be absorbed into the "big machine(s)".
We can use Cali to confirm local consuption. Thats it. The big thing I have gotten from both Colorado and Cali (other states that have legalized as well) is that they ran out. Shortages in both on legalization. Thats why this minor stall is a good thing for legal mj. Canada will have supply, ever LP is adding massive expansions.
Canada is an exporting nation, 37 million is not a consumer market. It is a test site with a population that is easily controlled. We are "cool" with government regulations. We don't have anywhere near the divides that the USA has in its populations. Even our Quebec situation is minor compared to red vs blue / black vs white vs brown vs blue vs red (Russia this time) vs 1% vs 99% vs Trump vs KIm vs Red (China this time) vs Walmart vs CIA vs FBI vs Red (Russian mob this time) vs DHS vs HBO vs CNN vs Hollywood vs basic human respect vs $$
Dam we are boring!