RE:RE:RE:RE:RE:Promotion today! In my opinion, Wrong. Again, you didn't read the posted link. alcohol never had a LEGAL license that was easy to get, produced tons, that competed with there commercial licenses for alcohol. Not the same history nor future. The comparisons aren't the same.
here's another article for you:
https://app.tmxmoney.com/news/cpnews/article?locale=EN&newsid=TB88654&mobile=false
"He said the illicit market faces no costs related to regulatory oversight and is "intentionally low balling prices in order to retain market share."
And that won't change when you have a legal production source.
Don't be fooled by the pump of people spewing uselsss info on here.
Go0B3r wrote: That's not quite how it works Watch, and I'm not sure you're on the right side of history. Hard as the black market is going to be in the near future to battle, it will lose ground to the legal rec market. We've been through this before, in the alcohol industry. I'll let you guess who won that fight and why. Here's an idea of how it's going down in Cali, the oldest of the rec markets so far...
watchmeplz wrote: Imo, I don't think you know what your talking about.
https://en.m.wikipedia.org/wiki/Legal_history_of_cannabis_in_Canada
Read that and particularly the key court descisions. The reasons why this and all LPs will forever be unprofitable, just a matter of time. You can't have a class of licensing with cheaper production, no tax, easy licensing, and still think your going to win. It's a losing battle to begin with.
HitBids wrote: So your long Aphira and short Supreme. How's that pair trade going? Anyways only an idiot shorts Cannabis in 2020. Unless the market crashes.