RE:RE:RE:RE:RE:RE:NORTH ROAD VAULT [ POTENTIAL REVENUES ]No doubt. I was just going off what the company had said about turnover, however what I have noticed is that management does a good job at tempering good expectations, so I tend to think they are very conservative in their estimates of turnover. As for the other margin #s I put out there...I should have just bit my tongue, I don't know much about that distribution side of business (in general). Thx Kush and cash for clarifying some of the errors - at least it made us talk about it lol.
rcash1 wrote: cr7epl wrote: RC Nobody really bootlegs or buys gin from bath tubes anymore LOL ........ i hear that also
about the black market ect and i think and no dig to the K man as iam old too. I think its a generational things guys 35 like you arent going to bother growing dope at home just like you dont cook pizzas or have 2k expressos machines........the BM will be there ,,,,,,,,but your generation want it now .........look at skip the dishes and uber you guys want it NOW.........friday going over to buddy stop at the pot store and buy pot not drive 4 miles out of your way for joe blow weed guy.......Iam ?? on this issue and see both sides.......Old italians only guys who make wine and hooch ??? Go check some ferrels comments on dope on SX board ..........he says the same thing about BM and the govt
Honestly I grow my own( ACMPR ) and ha e been for years. I'll be the first to admit yes it's a weed and anyone can grow it . The difference is most can't grow well and are to lazy to operate a grow room properly or expense the initial start up . Growing can be a lot more work then people think especially if you want high quality. I agree people are lazy so the more easy access for the LP's the better . There'll be a percentage of the population that grow at home just like Italians that make their own wine but that percentage will drop over time . Let's just say this : I've been around the blackmarket my whole life and I can tell you it's already getting squeezed out in the last few years . It will still be around for years but fade away eventually. Why do you think I moved my money into the LP's stocks ..... I know many others in the same boat . If I were to be a drinker I'd probably make my own too , but I don't drink . I'm one of the few in my generation that still does everything for myself . I do all my own repairs on things that break ( if possible) and even grow my own Vegetables! Lol Mark my words, selling by the gram all the way up is very profitable. Margins for the first few years will be very high , just like the stock prices ... I could see average margins on a company like Liberty being in the 50% range overall. Oh and Bellsey those #s were off 4 turns of that vault a year . You stock the right products and that vault could turn 2 times a month or more especially in Vancouver... now
work out the math for revenue at 2 times a month and a average 50% margin . Lol BIG $$$