OTCPK:EMMBF - Post by User
Comment by
go.faster@ymail.comon Apr 19, 2018 8:38am
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Post# 27909571
RE:Interview with GMP Securities
RE:Interview with GMP SecuritiesYou are spot on!!!
It is my opinion that marijuana will commoditize (< 3yrs) very quickly. MJ will eventually recede into the agricultural commodity category much like corn and soybeans. The farmers don't make the money...the branders do!!! Green Giant, Delmonte, Libby's etc...
I suspect there will be a reckoning in the MJ sector as the more savvy investors weigh in and crank the numbers on these lofty valuations.
It will be fun to watch...
Full Discloure...I do own shares of EMC (the only stock I own in this sector).