The future is hard to tell but Amsterdam has a little insight. I think instate transport isn’t gonna be needed as every state has agriculture and can set up grows.
I actually see the complete opposite from cannabis as with legalization people will begin to stop using it as it’s no longer has the illegal outlaw luster.
I never see demand growing by 100x or 1000x fold. I think we are in the golden age of cannabis.
Predictors are helpful ways of making models for the future. Amsterdam showed legalization brought the number of users down. I’m not saying it’s the end all be all but they have a long study on this and it is a viable sample.
What cannabis companies do you think extract 100,000lbs a day?
That setup is basically gonna produce 1 product for one purpose, a lil retrofit maybe can do others but i agree its for mass hemp to be fast and not have to dry it.
You need to have the input first. That’s a lot of weed. And for multiple operations as I don’t think they just wanna sell one…
More power to those that can run them numbers. I’ve never heard of them. I don’t think those companies mentioned are either. As they would be like the Jeff bezos of cannabis with income like that
At a $100 a lb. that’s $300m a year.
I know curaleaf is in just about every legal state and they don’t have numbers like that and they are a billion dollar cannabis company
And I think that’s all a shell company. Do you have any data. I like numbers.
We are gonna see a lot of the outer investment in cannabis and hemp dry up. Investors have been throwing their money in this industry for like 10 years looking for a return. This pandemic just brought that more into focus for investors.
We will have people keep trying but I don’t see these investments panning out for most and then the investors will be a much smaller pool