CGB 0.00% 2.1¢ cann global limited

@ypbisx Did you read that article before saying you expect the...

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    @ypbisx Did you read that article before saying you expect the SP to move up on Monday ?

    this is an excerpt from the article entitled "Medical Marijuana and the One Hit Wonders":

    "The first mover advantage is often an illusion."

    "At this stage, we don’t consider any cannabis companies to have a sustainable competitive advantage. True, some have temporary moats in their cultivation licences or import permits, but there aren’t explicit caps on issuing them, so it’s only a matter of time before more competitors saturate the market and crush margins. Today's supply and demand imbalance is likely to be short-lived."

    I don't think that article support your statement -LOL
    Last edited by Chev007: 18/03/17
 
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