Share
150 Posts.
lightbulb Created with Sketch. 39
clock Created with Sketch.
15/08/19
08:14
Share
Originally posted by nihilism:
↑
Those large companies are one of the risks to any Australian company hoping to enter the space IMO. Not only, will they have more advanced technology from harvest to quality control etc, but they will also have a head start on product development, profit etc. Those top 25 companies, which are worth billions, are already selling product to a client base nearing 100million people, over 10x the potential australian market IF it was fully legalised, which isn't even on the cards at this stage. the MM market is a fraction of that, and even that is in its infancy in Australia. It's like when you see revolutionary tech stocks listing in Australia, how many succeed? 1 in 10000? 20000? I can only think of a handful on the ASX that still exist, let alone are successfully commercialised, and none of them have the legal disadvantages that this sector will have.
Expand
You actually can't be serious... Comparing tech stocks to food and health stocks? You should become a comedian Actually I'm not surprised you said that, you think being under the influence of one drug is the same as all!
Last edited by
Hepo :
15/08/19