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Bullboard - Stock Discussion Forum Bedrocan Cannabis Corp. V.BED

TSXV:BED - Post Discussion

Bedrocan Cannabis Corp. > News Article: The Hype is over...
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Post by Trennam on Mar 02, 2015 7:36am

News Article: The Hype is over...

From the article: "People have had enough of the hype," he said. "The market's wise to it now." and "The marijuana markets are not going to be what people think. They're going to get crushed. Period."

https://www.nationalnewswatch.com/2015/03/01/medical-marijuana-industry-competes-for-scarce-investment-dollars/#.VPLwofnF-Ck

Even though this may seem like a negative article I think it speaks some hard truths that investors need to be aware of. Any LP, no matter who they, are at this point better learn quickly and do much better in order to win over investor confidence. The article also goes on to talk about potential legalization and what that might mean.

In April, we will be going into the first full year of the new MMPR. By next year, the second year, we should have a much better picture of the LPs that are in the lead. As always - do your own DD and glta.
Comment by ChupacabraBueno on Mar 02, 2015 9:19am
It is good to be aware of the hard truths. As per the article, legalization could be very bad for the Canadian industry due to worldwide completion - something not all MMJ investors have given sufficient consideration. The best case scenario for a Canadian industry, and Bedrocan in particular, is a regulated medical oligopoly that restricts supply & supports high prices & margins. This ...more  
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