RE:Talk to me about share price in 2020/21!!!
Colarado is serving more than 5,5 billion. Surrounding states and even Canadians have conrtibuted to the figures in Colarado. The tourism industry saw the biggest gains in Colarado upon legalization to the tune of over 18 billion.
8-10 billion dollar industry isn't that large in Canada, considering the top 3 companies right now account for a market cap total of over 20 billion.
A gram will be 10 bucks based on what the government sells it for. We have no idea what type of contracts will be negotiated. Hopefully not like Colarado where the governmnet has dropped prices to 6 bucks a gram due to oversupply. We better hope the POT industry negotiates better deals than what the alcohol industry has in Canada where there is only a 15% profit margin.