OTCQB:VVCIF - Post by User
Comment by
whateveryousayon Apr 02, 2020 12:22pm
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Post# 30872402
RE:RE:RE:RE:Look at that turd. Just look at it.
RE:RE:RE:RE:Look at that turd. Just look at it. We have all probably made money on the speculative run up on Cannabis stocks and are losing money as the real company valuations and prospects are becoming clear.A few producers may make money over the next 5 years but dept from speculative expansion and losses from quickly declining product prices will kill most.The legal growers are for the most part producing high cost low grade cannabis trying to compete with illegal growers with 50 years of cultivation expertise and low overhead.Most seasoned smokers will not rush out to buy budweiser at twice the cost of high grade micro brew.I will stick with VIVO until the nest earnings report but am not very hopeful any of the legal growers will ever compete with high grade inexpensive illegal weed.