OTCPK:EMMBF - Post by User
Comment by
deminimison Jul 06, 2018 11:11am
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Post# 28277683
RE:RE:RE:RE:RE:RE:RE:??
RE:RE:RE:RE:RE:RE:RE:??Plenty of margin available if they are going to turnaround and sell it for $15-20 to Germany and possibly soon the UK. Also, I think with the lack of distribution and available product (no edibles, etc for another year) demand is going to be seriously surpressed which will cause wholesale prices to plummet much faster than you think. You keep quoting $4/gram which is roughly what LPs are paying to buy wholesale to supply the medical market @ $8+. You seriously think wholesalers will still be able to command that price when LPs can only turnaround and sell for $4-5 in the rec market? Margin compression won’t just happen to LP’s, the wholesalers are going to take it on the chin. Alberta, without question the most lucrative market for at least the first year and probably 2 years, only signed like 13 producers. What are the wholesalers options going to be? Sell to one of those 13 LPs for 2.50 or less a gram or let it rot in their vaults?