Meanwhile, as Incannex progress with their listing to capitalise on the regulatory opportunity / unmet need in the market for approved medications to treat the diseases we have all discussed at length......
the recreational market starts to unwind in ways that have been predicted for a few years.....
hot off the press
link
California pot companies warn of impending industry collapse (msn.com)
excessive taxation.......no? surely not?
also wondering how the rapid expansion of retail outlets provides relief ....don't think supply and demand supports that analysis
( just my back of the envelope numbers though )
yep, the regulatory opportunity is coming into its own and the rewards of leading in that space continue to unfold and multiply while it appears the recreational 'market opportunity' is starting to fall victim to imposition of supply chain cost and a taxation regime across that chain including point of sale - so not a good lace to be invested .....imo.
GLA