HGV 0.00% 4.2¢ hygrovest limited

Respectfully, I would suggest that $100 million market is not...

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    Respectfully, I would suggest that $100 million market is not that huge in the scheme of things, but don't get me wrong it's not something to be sniffed at. If the barriers to entry for the Australian market are significant i.e MMJ is one of only a handful of companies to win the license to import then its very lucrative indeed. But certainly MMJ has everything going for it: Duncan growing facility, Harvest One, possible license to import in Australia etc. These elements combined make MMJ attractive to me at the moment. The only thing is that the barriers to entry for the recreational market would be relatively minimal provided growers are licensed and heavily regulated etc. Whatever the case, the team behind MMJ have done well in positioning the company on all fronts to take advantage of whatever eventuates.
 
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