RE:RE:RE:RE:CGC GreenWhen is rec. going to be coming? 2017,2018? You'll be 5 rollbacks deep and 15 dilutive events before that happens. Did you see your new IR team? Did you see snoop and the band? Expensive! And production costs keep going up and are not keeping up with revenue. Does not matter who's invested anywhere, everyone makes wrong desicisions. CEOs have no choice but to bank on something to help them, cuz there up a creek without a paddle right now. MMAR is the reason why for the last 3 years, you haven't even been close to break even yet this monster profit your talking about, so quit downplaying their importance. If legalization does come there will be so many competitiors eating market share and the price of mj and extracts will fall so greatly, growing lettuce will be a better option. As I said, just warming up
QueenNerfertiti wrote: The falling price of mj is expected as production and competition ramps up.. Recreational is almost as certain as sunset this evening. You can never trust a politicians words, only their actions. NB Liberal gov't has invested in the largest MJ producer in Atlantic Canada. CEO's are coming out and specifically saying they're ramping up production for rec. MMAR will likely still exist in some form, but it will take up less market share than even the smallest LP. You're warming up with nothing.