Post by
quinlash on Feb 05, 2024 5:40pm
RE:RE:Friday's financials
You have no appreciation for who the legal Cannabis Retailers are chasing.
It's not those people who grow their own today, nor is it those who are just happy to smoke BM product. It's those who do not want to deal with Blackmarket dealers or their products. It is also those who want more than just flower to smoke. Legal producers make Health Products and things like Drinks etc which the Blackmarket cannot produce.
Blackmarket is very unlikely to chase products like drinks etc because the equipment is too expensive and they would not risk losing that equipment if their operation was raided by the police / DEA etc.
Cannabis Legalization is like the end to alchol prohibition, those rum-runners likely thought they would be in business forever too, where are they now?
Comment by
charlie007 on Feb 05, 2024 6:58pm
Pardon me if I don't take advise from a bagholder who has been averaging down on a stock during it's 99% decline. The bm has all kinds of gummies with no restriction on thc content. And what's the big deal about drinks when they're only 2% of sales?