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Bullboard - Stock Discussion Forum Nutritional High International Inc. Ordinary Shares SPLID

High Fusion Inc is engaged in the manufacturing, processing, and distribution of infused edible products. The company's operating and geographical segments include Palo Verde; Pasa Verde; Oregon; Colorado; Nevada and Washington. It generates maximum revenue from the Palo Verde segment.

OTCPK:SPLID - Post Discussion

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Post by ezemoney on Jan 29, 2018 11:28pm

Popping Marijuana Bubble

Let Them Eat Pods...

Canada Risks Popping Marijuana Bubble As Prices Dive Before Legalization



According to data published last Thursday by Statistics Canada, the annual change in the average cost per gram declined 7.7 percent in 2017 verse the prior year, this is the most significant decline in more than a decade, as the Trudeau administration prepares for legalization as soon as July.
Comment by ezemoney on Jan 29, 2018 11:29pm
Producers are flooding the market with cheap marijuana contributing to the bearish sentiment around price. As producers ramp up output, the large amounts of marijuana will continue to drag prices down further inducing a steady decline in prices for the next several years.
Comment by Gravytrain90 on Jan 30, 2018 12:56am
This is a good thing for EAT at they purchase flower then produce their products. The price of flower will decline but oils at a much slower rate and edibles even slower then that. This is the game to be in.
Comment by Greede on Jan 30, 2018 12:39pm
So why will there be a weed shortage if that's true.... this completely contradicts what you are saying.  You sound as uninformed as geo. https://herb.co/marijuana/news/canada-weed-shortage-licensed-producers
Comment by gr8shot on Jan 30, 2018 1:56pm
A(Greede)!! the proof is in the puddin is in the EAt(in) check this link out: https://420intel.com/articles/2018/01/30/heres-how-big-marijuana-market-could-be-colorado-2018?utm_source=420+Intel+-+Marijuana+Industry+News&utm_campaign=415ba97449-420+Intel&utm_medium=email&utm_term=0_3210cbef52-415ba97449-278236245 GLTA gr8shot