This is interesting. I think industry consolidation is likely. Suspect we are in a good place to deliver but not in the short term!
"Turning over a new leaf
Things are looking brighter for the New Year, people in the industry say.In December, the Ontario government announced that after a slow and fitful start, the province will open itself up to more cannabis retail. It will do away with the lottery system, the cap on the number of private stores and cancel some pre-qualification requirements.It's welcome news to people who've been trying to get into the market."We're really looking forward," Mr Ellis says. His store, the Friendly Stranger, sells cannabis accessories, and he intends to open as many as 20 licensed retailers in the new year.Producers will also be allowed to open up one storefront on site, similar to how some breweries can sell beer direct to consumers."If everything goes smoothly and they follow up, hopefully we'll see more of an equilibrium in terms of supply-demand balance," Mr Rubin says."
Why Canada's cannabis bubble burst
- Forums
- ASX - By Stock
- Fire & Flower Share Price
This is interesting. I think industry consolidation is likely....
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HGV (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.2¢ |
Change
0.002(5.00%) |
Mkt cap ! $8.833M |
Open | High | Low | Value | Volume |
4.2¢ | 4.2¢ | 4.2¢ | $600 | 14.28K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 35715 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 19962 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 35715 | 0.042 |
1 | 50000 | 0.040 |
1 | 89056 | 0.039 |
1 | 26263 | 0.038 |
1 | 135135 | 0.037 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 19962 | 2 |
0.045 | 25000 | 2 |
0.049 | 130000 | 2 |
0.050 | 2267 | 1 |
0.051 | 20700 | 1 |
Last trade - 13.23pm 08/08/2024 (20 minute delay) ? |
Featured News
HGV (ASX) Chart |