RE:RE:RE:LicenseI wish it could come sooner! But staying realistic helps plan any buying or selling an investor might make. You and I, would rather help potential investors and existing investors deal than pump them to buy because license is TODAY! Credibility is important in life too.
Having said that, the retail store will likely open sooner and looking at those revenues of $52,000 a day out of the Nova stores in Edmonton, that is a reason to own shares. The margins on retail are actually more resilient to downward pressures on cannabis prices as competition heats up. The growers will not be able to sell for a much per gram but margins for stores will not suffer the same. It is why plays like MedMen postition downstream in the retail market rather than growing. Stores are margin kings.
Max Mausner is professional. He knows!
