AXE EXPLORATION INC V.AXQ

Way to late for a Weed Play

[Ticktoktime]

Using Canadian government info :

You get 10 of the current 125 licenced producers on record to market in excess 1 million kilos of bud by the end of the year.
That leaves 115 other licenced producers producing an estimated 10 to 12 million kilos within a year.
There are  300 applications part way through the process and  almost 1300 more on file how many million tons will hit the market in 2019?. 
Add in the incentives from provincial governments like B.C for farmers who wish to switch to growing licenced outdoor weed and HOLY CR@P that is one mayjor pile of weed.

In 2020 I think 100 million kilos will not be an over statement  for production.

Remember  Governments from South East Asia to the Middle East and even some African Nations are looking into legalizing Weed for Medical use etc. Who do you think can grow it cheaper Canada or say Thailand, Cambodia, India, South Africa, Columbia?

[NosajEwad]

What makes you think they are going the LP route?  There are certainly many more aspects of that industry.

[Manakai]

This is why I have said all along. Vote down the 16 for 1 rollback.

[youngkid]

Hope you have a decent size kitty if your participating in the po. I believe the minimum buyin is $25K.  It’s a fair amount after only getting a 16:1 rollback.  Just shows they they didn’t care about existing shareholders and flippers.  Anyone know how many kg one of these proposed units can produce?

[Happy2K18]

This post has been removed in accordance with Community Policy