PROtrading wrote: Yeah, ok, a promoting management type on BozoNewsNetwork "claiming" stuff. That's assuming that "we" trust management right? I've seen too many optimistic promoters in my lifetime. I know one when I see one.... How many times did Valeant's Pearson showed up on BNN with "claims", What about Concordia's Thompson on BNN. Lots of claims on those high profile flaming dumpsters.
As for selling price of weed, that's a big unknown right now but we do know that a LOT of producers are setting up shop. What's going to be interesting when the race start is:
1. Inventory and ability to supply NOW.
2. Distribution agreements with the huge mess of Provincials in the way and what about cross province mail ordering? What percentage of buyers will prefer physical visits to stores versus discreet mail order in brown paper bags?
3. Strains = brands. Really, when you think about it, the producer won't matter as long as he's reputable, what will count is the number of top strains they have. Anyone with any familiarity with weed know you want to avoid the paranoid stuff and go with either the giddy high sativa stuff or the body relaxant indica stuff (or a mix via hybrids).
Leaving all the management claims aside, does anyone know the actual current inventory for each of the licensed producers (LPs)? Also does anyone know what percentage of each strain they have?
Cause, I can tell you, based on extensive research, not all strains are the same. Some are a LOT more popular than others. When I was much younger, weed was weed. You had Maui Gold, BC Stunk and a few others but you never asked your dealer for a choice if 30 strains.
now... check out the reviews on leafly.com! It's like hitting a high end wine bar with a bunch of snobs showing off!!! :-) And I do like a fine Pinot Noir... LOL!
stock_for_gold wrote: Pro trader.... If you listened to Cam on BNN, Aurora’s cost to produce 1 gram is $1.50. Now he also mentioned that they can get 200,000 kg from their facilities. That’s 2 billion grams at full production Then multiply that by $4.50 (profit if their selling at $6 a gram) thats over 9 billion dollars a year
Sure they haven’t come up with any real plans as of yet since their still waiting for the government to set the rules.
Once they get into full production, do you think this company, does anyone really think that this will be a $11-$20 stock. I for one dont think so.