“We estimate that more than 1 billion grams of flower are sitting in Canadian vaults today. Oversupply and excess capacity have resulted in high-quality flower being widely available and sold well below the marginal cost of production.”
Zach George CEO of my favorite cannibus company speaking today
I always knew cannibus was a worse sort of commodity but this goes beyond my worst case expectations. Cannibus investors: the future is in retail, cannibus derived products, markup. Production is so not all that. Judge your company accordingly. FYI not financial advice my opinion only.
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