RE:Maybe - maybe notYou may be right Dave.
I still have the "opinion" that this industry will follow the alchohol industry. I certaintly wasn't around in the prohibition days, but there were illegal operators then in booze and they made a significant amount of money. I believe Canada legalised before the U.S. in that industry as well.
Today, there are still "moonshiners" around, but for the most part there are small (legal/licensed) operations and some very large alchohol companies in Canada/U.S.
If my thesis is correct, we should see the cannabis black market "tail off" over a few years and the maturing of some small companies similar to craft breweries and boutique wineries and then some major companies that will dominate the larger cannabis market internationally.
There will be many that will disappear over the coming months - hopefully acquired and the jobs will be saved as this is a burgeoning part of the economy now with a significant number of jobs already and growing.
The rollout of 2.0 is critical to the survival of the industry and the Ontario Gov't announcement coming Monday hopefully will kick-start things here at least.
The U.S. still needs to come to terms with legalization federally, but that will come as there is too much tax revenue for them to ignore and too many lost job opportunites south of the border.
I have a feeling HVT management have been so silent because they want to do a financing round in the 10 cent range. This would allow insiders to benefit at the bottom just before things start to gain momentum.
Long ramble here, but I have given this some thought and this is what I think. I could be dead wrong.
GLTAL