Zhantao wrote: goldboyz2 wrote: Don't seem to understand is and are talking about market caps and what not..... the gobs numbers say were producing about 1/6th of what we need for rec try more like 1/8-1/10...... guys the gov has said we will have 500k medical patients by 2025, we have about 175-200k medical patients right now and that demand can't even be met by the current lps. patient intake increases by 15-20% a MONTH MINIMUM so do some math and you'll see numbers are wayyyyy higherrrr then anticipated so with more lps coming on line we should see better market valuations because of this...... follow the numbers they don't lie boys n girls, IF MMJ becomes the next LP in Quebec you can definitely expect them try and take as much as the market in Quebec as they can.... lets hope that's mmj game plan because it is untapped and being the second largest population out of provinces is a no brainer
yes maybe, but what some people don't realize is even good sales doesn't necessarily boost the SP. Look at Namaste, they just reported record sales recently, and the SP only moved up a penny on that news, while at the same time, didn't even surpass its 52 week high.
Also, on another note, even with the demand that you refer to, that doesn't necessarily mean MMJ SP will shoot up. remember, MMJ will not be the only LP in Quebec. It may become the 2nd one in Quebec, that's fine, but there will be a 3rd LP, 4th, 5th, 6th, 7th, and so on. Don't forget that.
Your post is fine but I'm just being realistic here