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25/09/19
15:34
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Originally posted by ericjhome2:
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Models of a cannabis companies success are changing rapidly. The larger co's bought up alot of other niches thinking they were going to add value. Some are, many are not. You can see they are making good profit but still not in the green. Like you were mentioning about overhead. Also, what you said about flower I think is correct as well, there is an over supply. I think if a cannabis company now isn't lean and mean and focused in the right area they are going to struggle.
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given the oversupply in the US, I find it difficult to get excited about production scale-ups in Australia a quicker way to generate revenue for a local company would be to import the processed product from the US and sell into the Australian market it's not like Australia does not import other medication