RE:RE:RE:RE:RE:Quebec Annoucement Considering that Quebec is likely 25% of Canada’s cannabis market, I highly doubt that the government will give THCX 100% of its MOU. No government in the right mind will do that. First of all, there will definitely be a lack of product selection - that means back to black market. Secondly, there will not be sufficient cannabis to supply the Canadian market for the next two years after legalization. Thirdly, without secondary suppliers, any supplier no matter how good they are would still mean no backup plan.
I believe that THCX will gain a large portion of the MOU. As to how much, it is everyone’s guess. I’m guessing that THCX will gain 30-40% of Quebec’s total MOU that means THCX would own 7.5-10% of the Canadian market simply just with a single government MOU. In comparison, Canopy Growth is estimated to gain 15-20% of the Canadian market but with significant investment in almost every single province. I believe Canopy Growth willl be the next biggest beneficiary possibly gaining 20-30% of the Quebec market.