RE:RE:RE:RE:RE:RE:RE:come onI'm not saying US is stagnate, there legacy is complete different then ours. We have a dramatically different layout than they do. They've never had to deal with the MMAR. Do you even realize how the MMAR exists? Not because the government wanted pot, it's because a judge forced them too just like a judge forced them to retract the ongoing MMPR and revamp the layout stating that 2 systems the MMAR and MMPR can co-exist. In which if it does, your up a creek without a paddle. Just like you say the future is uncertain, there's your uncertainty. If anyone cared about BEDs $5 gram you think they would have more than 8000 patients and 3 mil rev/quart taking a 3.5 mil loss?!?
Tweedlede wrote: So you think the U.S MJ Industry is going to stagnate!? You don't think its going to grow!? MMAR may be selling to dispensaries now, but that is far from set in stone in the future, that's for sure. Dispensaries are the 'easiest' method, but they are not the cheapest. This is a myth perpetuated by MMAR growers, that is not based on facts. BED sells every strain at 5 per gram. You show me one dispensary that sells a 20%+ THC strain at 5 bucks. And MMPR sales are not stagnating at all. They have eclipsed MMAR sales in 2 years, which they have had 13 to expand with. If you still don't believe me follow CGC's sales tracking. 40% growth is not stagnation.
watchmeplz wrote: Your math is horribly wrong. Considering the entire United States only does 5.4 billion your incredibly wrong. It doesn't matter if MMPR are selling to dispenceries if MMAR are still doing the same. Dispenceries are going to continue the easiest/cheapest route possible leaving MMPR sales stagnate. Think about this, even if in Canada total sales are a billion, and say these guys own 20% of the market, a fair feat one would say, that's still only 200 million revenue. Still not even a 1x valuation of their market cap!!!!! Get real man your blowing smoke
MustangMatt wrote: "my opinion will always be the same". so in other words if Canopy and all licenced producers supply the dispenceries with product and end up suppling 80%+ of a 10 billion dollar industry your opinion is the same.
I invest differently I adjust to changing facts as they become available. I find your method of inflexability at odds with my investing philosphy. I hope you put a stop loss in, my downside risk currently sits at $2.68 and my upside is unlimited. Your upside is capped at $2.68 and your potential loss is unlimeted. I like my risk profile better than yours, cheers Matthew