Cullinan Metals Corp V.CMT

RE:RE:RE:RE:RE:$ 7.5 MILLION

[Kornooto]

FYFTMI wrote: I am really not sure how much margin propagation makes, seems like a good idea for the big players, but really not sure for PSC, usually the more involved in the chain you are the more room for profits you get. Only time will tell if the propagation model works in this business... Zenabis + Bevo is already a major competior in the propagation game as it seems and I am quite sure they are way ahead of AGRA. Maybe there is major profits to be made but we just need to move faster and taking stronger steps!

thamtham wrote:
That's not out of question. I'm sure propagation is service that many are in need of but is it economically viable for those companies right now? Take Aurora for example, grow their own and their wholesale price was like $5.50/gram last month. That's pretty cheap but if not picky and/or know where to get on the black market, you can get for half of that. That's what all these companies contend with. Some of my friends are fine buying legal with $6/gram even though still more expensive than what they could buy from their source and some not. Small companies can't sell for cheap and by having another company growing for them, that's another expense they can't afford.

After seeing how things turned out after legalization, I think may as well use it as their own growing space. Growing space is precious at the moment and you don't want to share with those that you're competing with. It's fine if PUF is only in cultivation business but once it's also selling cannabis, doesn't make sense. And with the huge demand and the revenue legal market can generate, this 2.2M doesn't look as big as it once was.

What do you think?

Good call............