RE:RE:RE:What does the Dwarf Say? schocor wrote: Your statement about trade wars implies that Canada and the US were going to be free trading pot. Really? REALLY? Who are you fooling? Hopefully not yourself. I am not short banks or tech - I am short MJ stocks because it is the biggest bubble anybody with a finance degree has ever seen thus the easiest short. Shorters will probably not be out today; there is more to come.
Oh good an "educated" poster.
So finacially, can we do some math?
Grams produced?
Current production (in grams)?
Additional planned (paid for) production (in grams)?
Ave sale price/gram?
Ave cost/gram to produce?
Profit?
If this were oil it would be like some junior sitting on the worlds largest deposit, confirmed and verified (production and consumption) just waiting for government paperwork to drill. The second ink is applied to paper (C-45) money starts flowing. My PM has repeatedly stated that we will have access by the end of summer. Has repeatedly stated that July 1st isn't THE DAY ( I agree, it would be embarrassing).
What people do not want to get is that it is the provinces that will set the date. They will all need to confirm they are ready. Both with infastructure and oversight and with supply. The later is what we are really waiting for. The infastructure is a copy paste from alcohol. Even if the senate said yes today we are not ready. Not enough supply. As in not enough product. Additonal expansion required!! Is being ultra confident that you will sellout a bad thing for a "risky" investment?
The problem with people playing this like you are is that there are many many sitting and waiting to get those "cheap shares" that you are angling for. They don't see this down turn as a bad thing. They have done the numbers above. This is months away not years. Not to mention this is way bigger than a 37 million person market. This is global and isn't going away.
You folks have big balls I will give you that.