RE:I don't get itI am more frustrated that they missed such a glorious opportunity to step out as a true leader in the industry. The missed guidance and its now down playing of that miss was/is not needed.
The other part that bothers me is the reaction that these so called analysts get. I have yet to see an analyst ackowledge the huge untapped market this is. Legalization reasoning was/is literally based on the current size of the black market. For analysts to even question this market size contradicts what the governments are saying. What law enforcement is saying.
7 - 10 billion in Canada. That was what the black market was estimated at by the Canadian government. This number is bigger now.
These "pros" don't even put up solid evidence. Over supply claims. Then applying one LP's failures to all LP's. They ask questions that are already answered. Yet the market reacts. Any other industry and this is all roses from start to finish. The fact we are dealing with the stigma of weed allows idiots to claim the mic.
Any and all delays by government are ignorant at best. More likely these delays are intended to benefit campaign contributors. It is all posturing and positioning. By who, I don't know but it is either galactically idiotic or straight up criminal.
There is plenty of room. The list you have created is only Canadian LP's . There will be numerous others emerge around the world. There is room for them as well.
dizzy78324 wrote:
People losing their s*** because the market is down. It's like they have never invested before. Don't you realize this is the beginning not the end. Of course there will be growing pains. Every successful business goes through it. You don't think Aurora, Canopy and Aphria all have their own plan. Don't you think their is more than enough room in the legalized market for the big players. This market is huge. If these big companies have all set themselves up for failure then who is going to catch up and surpass them. My 2 cents.