OTCPK:NCNNF - Post by User
Post by
sim_1on Jul 09, 2019 12:26pm
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Post# 29899541
Looking forward
Looking forwardI think a lot of LPs will, over time, start producing outdoors - however having invested substantial amounts of money in their indoor operations, they will want to maintain them active. One obvious justification for doing so will be to offset the risks of growing outdoors...
I think 48 will be much smarter... they are very conscious of the fact that they still need to find ways to reduce risks, but rather than hedging with enormous indoor operations, I think they’ll do it with another large outdoor one. They could even sign some kind of hedging deal with another grower in B.C. for example which would be beneficial for both without having to buy or develop another one outright...