GREY:INSHF - Post by User
Comment by
mtd121215on May 15, 2020 1:15pm
75 Views
Post# 31034434
RE:RE:RE:BMO Nesbitt douche
RE:RE:RE:BMO Nesbitt doucheI just don't see the growth here. You have regulatory bodies capping the number of stores, you have minimal deterrants for black market participants, the excise tax makes it harder to compete with black market prices, You have more online purchasing because of the pandemic which might change retail forever.
Q1 and Q2 is going to tell us who the winners and losers are with both dried flower and deritvatives on the market.
Institutions will not touch these retailers when the narrative for retail, since the inception of amazon, has been that retail is dying.
Institutions aren't interested and most retail invetors are purchasing beaten down SP500 and Dow stocks like Delta, Boeing, Apple, Banks and more.
Next big moves for the pot industry will be M/A from big outside players like tobacco and liquor companies
Watch what a company like Phillip Morris does in the years to come. U.S. federal legalization of marijuana will be the largest catalyst for the pot world.