Empty Store Shelves - Record Revenues or Missed Revenues????From listening to the news and reading the boards, we have been constantly bombarded with news about the empty store shelves in the MJ stores, both brik & mortar and online shops.
Most of you seem to see this as being a demand driven issue and implying that we will be seeing record revenues as a result. Sad to to say, but I guess I am much more of a glass half full type of person.
I strongly think the empty store shelves and cutback in store openings is so much more of a supply issue in terms of severe problems in the management of the supply chain from the MJ companies to the retail stores and online shops. Instead of record revenues that we are all dreaming about, I believe we are going to be hit with another wave of disappointing and missed revenues against expectations come the reporting of the next quarter's results.
So, if you are hoping to see all time highs for the MJ companies again, I believe we really should be thinking in terms of a much longer time frame here than just the next quarter or two.