RE:Can you say supply crunch! There is one serious problem with this thesis. The black market can readily meet the supply demand gap left by legal LPs.
A stable price is not what those of us that have almost half a million in losses want to hear. We want to return to all time highs to attempt to recover our invesment.
The black market, or should I say illicit market to be politically correct, is on standby and ready to fill any supply gap left by the legal LPs.
We can all wish there was more enforcement, but enforcement individuals are people too. As such, they have fear of what will happen to them as a result of their participation in enforcement activities. Not as bad as cartels in the south, but close enough.
ProfCornelius wrote: Dear illustrious people of the board! The Canadian cannabis space has seen 5 million square feet of cannabis production shuttered in the last two months alone. This is only going to intensify here on in so very shortly we will a supply crunch and as a result stable or higher prices for Aphria to sell it's products at. Remember as more and more retail stores get built out especially in Ontario demand is going to skyrocket. And as more and more greenhouses fold up like a house of cards cannabis supply will dramatically decrease. I love it. :-) PROF