RE:RE:RE:RE:RE:RE:Tweed turns Pharma Although I kinda agree. For the first time ever with you. Farmers could switch. That's a process that will take them at least 16 months. If not more. Noone wants to wait 2 years to begin revenue with a product that is heavily regulated. Recreational MJ will be regulated the exact same as medical. If not more. Sq feet is and will remain king. How many new sales licenses since last September? Or production. THC biomed got a sales. And acb got a oil sales. Noone got a production license. They are very strictly regulating how many are in the market. At most per year you are gonna see 2 or 3 new companies. And there all small. Thus the appeal of CGC. Cgc just triple there space by buying the Hershey factory. Tweed farms is expanding. Third party is still looking to acquire facilities across Canada. Do you seriously believe there just gonna let other companies expand past them with 100 million dollars sitting in the bank? Remember this post. 2 years from now they will be larger then 5 million sq feet of grow space, from renting the space, building it, or merging. Edibles will be in full production. You are one of the worst pessimistic posters on this BBQ Brent. Everything you say pleads for a 30% discount. It's funny. Don't worry at the end of the week you can buy it at 12$+. But I'm sure by then you will be babbling that 11 is what you wanna buy in at
brentkosta wrote: YodaLayhehoo wrote:
I don't think Bruce is eager to sell so the price will have to be be quite nice. He also has a board and if the price is right they have the last say. Bruce is only one vote. If you think about it who is left to buy. APH is considered the #2 now and currently they're only 45,000 sq feet. Smaller than one Bedrocan facility. CGC is over 600,000 sq feet production space. There's a buyout here and it would be huge and if they don't sell it's because they see more value in the future.
I think its safe to say grow space will become less and less of a driving factor of who is king in the coming years as all product will be outsourced from farmers. Especially if looser production regs are created for rec. Supply will eventually far outweigh demand. Just like tobacco, the big brands wont grow it themselves. Very interested to see how the laws are shaped. To me, there is a lot of investment opportunities still to come, whether it be from the production side or distribution. In my honest opinion, upon rec, LP's will be relegated to farmers and thus, wont be the most lucrative investment. Canopy seems to be doing a good job keeping on its toes for the inevitable pivot.