"The Pot Stock Bubble Has Burst. Here’s Why" bloomberg.com/news/articles/…
Answer: entrants and illegal incumbents have increased supply to a point where prices don't support return on capital even close to cost of capital for listed firms. Heavily taxed and regulated product.
Answer: entrants and illegal incumbents have increased supply to a point where prices don't support return on capital even close to cost of capital for listed firms. Heavily taxed and regulated product.
"Canopy paid more in share-based compensation in its fiscal second quarter than it generated in revenue. General & Administrative costs (C$87.9mn) were also greater than period revenue,” said Kirk" news.google.com/articles/CAIiE…
In his classic “Five Minute University” routine on Saturday Night Live the comedian “Father Guido Sarducci” pointed out: “Economics? Supply and Demand. That’s it.' google.com/amp/s/25iq.com…
Weed grows like a weed. The idea that only demand matters is insanity. Is there a moat?
Weed grows like a weed. The idea that only demand matters is insanity. Is there a moat?
