ECS 3.23% 1.5¢ ecs botanics holdings ltd

farm sale, page-42

  1. 2,799 Posts.
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    All IMO

    I feel for you bowser.
    your emotions are clouding what is reality.

    The focus on MC is a far better return than the standard retail and arguably marginal food & wellness business.

    It takes about 3-4 years and a large investment to obtain initial licencing to grow MC.
    Means to barrier to entry is high and makes it harder for competitors to enter, yet enter they will.
    To gain experience growing for food and wellness should not be dismissed lightly

    Then the next matter is the agricultural plan.
    Some of ECS's competitors are going for high cost solid green house enclosures
    ECS is pioneering a far cheaper solution which is proven in the financials, offtake contracts and volume they grow.
    The fact remains the for product from ECS currently outstrips what they are capable of supplying = equals growth.

    GLTAH
 
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