RE:RE:RE:RE:RE:RE:Stuck in the mud againWrong on many accounts in this post, but you're entitled to your own views of the market. Here's an image worth a thousand words...
All I see is market share gains, with $140mm being siphoned away from the black markets. Three folds what it was not even two years ago....
watchmeplz wrote: In my opinion, The laws are what crippled this industry from the beggining, there is definitely company specific issues here which I mentioned in my last post but touching base with the laws, the introduction of the LP program from the start wasnt thought out and more a reaction to losing the battle with the acmpr pp licensing. I dont see how anyone/company can operate, allowing another type of legal licensing the produces cheaper, better, and not/less regulated cannabis. It's a losing battle right there. Adding you have a lawyer who originally won the injunction case to allow acmpr pp licenses to exist, now taking the crown back to court to fight for the right to allow dispensaries to exist. Even if he loses, this process is years of battling throughout the system, while prosecutors are going to be not regulating other illegal dispensaries until the resolution of that case emerges. Do you realize how many individuals a company needs to have on board just to hit the requirements from health Canada under the LP program? And someone has to pay all those people, it's ridiculous. Keep in mind surplus is growing rapidly, minimal store, extreme competition within the LPs themselves. It's such a losing battle that anyone here saying this is good to invest in needs to give their head a shake, literally go invest in lotto tickets, I think there's better odds of success there.
brentkosta wrote: Vulcan wrote:
please enlighten us with your wisdom on what laws are affecting supreme as opposed to others
I dont think he's saying that laws are only affecting FIRE. But all LP's are definitely being affected by the over regulation and slow retail rollout. I think the industry failures are directly related to the govt. Big surprise, right? THe govt screwed things up.