Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

AXE EXPLORATION INC V.AXQ

"Axe Exploration Inc is a Canadian based exploration stage company. It is engaged in the business of acquiring, exploring and developing of mining properties and also holds interests in properties at the exploration stage located in Canada. It has interests in four properties, which are located in Quebec, mainly in Abitibi area. Its properties include Destorbelle Property, Commandant Property, Gold Peak Property and Unique Property."


TSXV:AXQ - Post by User

Comment by NosajEwadon Aug 23, 2018 8:20am
83 Views
Post# 28504267

RE:Way to late for a Weed Play

RE:Way to late for a Weed PlayWhat makes you think they are going the LP route?  There are certainly many more aspects of that industry.

Ticktoktime wrote:
Using Canadian government info :

You get 10 of the current 125 licenced producers on record to market in excess 1 million kilos of bud by the end of the year.
That leaves 115 other licenced producers producing an estimated 10 to 12 million kilos within a year.
There are  300 applications part way through the process and  almost 1300 more on file how many million tons will hit the market in 2019?. 
Add in the incentives from provincial governments like B.C for farmers who wish to switch to growing licenced outdoor weed and HOLY CR@P that is one mayjor pile of weed.

In 2020 I think 100 million kilos will not be an over statement  for production.

Remember  Governments from South East Asia to the Middle East and even some African Nations are looking into legalizing Weed for Medical use etc. Who do you think can grow it cheaper Canada or say Thailand, Cambodia, India, South Africa, Columbia?


<< Previous
Bullboard Posts
Next >>