GREY:MYMMF - Post by User
Comment by
BadgerMeon Jan 21, 2019 2:17pm
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Post# 29260695
RE:RE:Mym is for long term
RE:RE:Mym is for long termSee now this I can get behind. The potential is there, just a year or two down the road. Some barriers to enter first, but if they do get Weedon licensed and operational, then we are laughing. My concern for Weedon, aside from the required funding, is will HC allow that many industry leaders? There is undoubtedly pressure from the Big Boys the limit the new entrants. Economies of scale comes in to play as well. For the big boys in canada to succeed, they will need national production and distribution. IMO this is why we see the Canopy's and Auroras getting 2,3 and 4 facilties. So they can compete on a global scale. Is there room for MYM? Or will they be squeezed out? What Im hoping is they get their ducks in a row, arent over leveraged and can negotiate facvourable terms for an acquisition.