RE:RE:RE:RE:RE:RE:RE:RE:Short Term Dip... Long Term GainI agree, I dont think they will be able to go internationally with the two expanded facilities that we currently know about. However, I think if the air port (EIA) is a gold mine, it would be easy for them to go back to EIA and say hey, we want to build a second 800k facility. The facility for argument sake is really just a shell with high end hvac and lighting. EIA would be silly to say no if they have the land.
What I think it really comes down to, at the end of the day, is how they use their profits. If this company really does have one of the best products and for the lowest cost, its going to weed out every small to medium company in the next 10 years. It will force other companies to compete with their price and quality. This cannabis industry, in my opinion, is going to come down to cost and quality. Why would anyone pay more for a lower quality? People simply wont. I think the first company to mass produce a high quality product will lead the way. Some will keep up for a bit, but then they will slowly fall off/get bought out.
This is a similar to any industry where I am buying a million wooden pegs so I get them for a penny and sell them for 10 cents, you only buy 50k at a time and get them for 8 cents. Every time I go on sale for 8, you have to match me and make 0 profit, you are screwed. Pot will be the first company producing 200,000kg+ a year of high quality selling for cheap will make other companies bust their butts for minimal profit.... then hit a point where they say this just isnt worth it. Kinda like American Gangster with Denzel, but legal, and not deadly lol. Difference here is, we will be growing our own vs importing.
Berta11 wrote: That's around where I am to I started trading around 1.15 but I was also in all the other weed stocks but I sold my position cause it ran from .80 to like 2.20 without a down day and I thought in aug sept it would go back down ( wish I never sold) now I'm all in with Acb
i decided to get out of the others because I like the aggressive approach booth is taking. My target is 10 hopefully by 2019 as for 20 it is viable in my mind but a lot longer down the road I do think Acb will hit international when they are settled into both facilities. I think it was cam who mentioned it in one of the recent articles.
Getmany will open open up fully soon and from what I have picked up they are wanting a consistent quality brand wich Aurora has ... so ya the future is very bright I have never told people about a "sure" thing but I am pretty confident that Aurora is a sure thing