Post by
geodcan on Jan 09, 2024 4:46pm
US MSOs
didn't get slapped as hard as the LPs did, of course Canada's 2 LPs both came out with bad news today.
Just an indication of more to come imho.
Even if the US passed a law to remove the fear of the Feds in regards to the pot biz it would buy us a twitch or two to the good for a few potpreneurs but quickly revert back to the biggest problem of supply and demand.
It shows how professional some of the potpreneurs are that they just keep dropping prices which is kind of like cutting off your nose to spite your face.
Funding will dry up and blow away for pot companies that are on the attrition list and then it should happen pretty quick.
Actually the quicker the better for the survivors!