RE:RE:A chance to look foolish... Q1 Buckshoot, correct me if I misunderstood your thesis.
After the market becomes saturated with cannabis, an "oversupply" situation, CGC opens their taps repalcing low cost greenhouse product with higher cost indoor product thereby driving low cost producers out of business. Instead of a race to the bottom, you have a race to the top. Indoor producers, with higher growing costs, win in the long run because they charge more for their product.
Forget Germany, just wait until the Chinese market opens up...1.4 billion people. Textbooks will be written after CGC dominates the Chinese market with their higher cost product.
In all fairness to Buckshot, for those not familiar with his thesis, you can read about it by clicking on the following link...
https://www.stockhouse.com/companies/bullboard?symbol=t.weed&postid=26807618
M
Buckshot26 wrote: Good post Blue but I can't believe you wrote this:
"Opex should be up a bit given sales effort for Phase II with uncertain sales conversion due to lag between sales effort and results. "
Read more at https://www.stockhouse.com/companies/bullboard/t.aph/aphria-inc?postid=26792350#IbJiCjKCb8HR2GF8.99
I thought that concept was lost on you guys :)
I'm actually cheering for you Aphria tomorrow. Canopy has been doing all the heavy lifting for the past two months, time for you to start pulling your weight :)