Australia's largest stock trading and investment forum Australia's #1 stock forum

AC8

Click for more information

0.00%

4.0¢ auscann group holdings ltd

Seeking Alpha article about Auscann, page-3

First 3 Last

Share
Profile

Follow
SammyGriff

106 Posts.

14

02/03/18

05:34

Post #: 31467937
Share

Originally posted by Alicat ↑

AC8 and all other Australian MC company’s connected with Canadian MC companies will be sky rocketing in value once Canada goes Legal. Why? Canadian MC companies won’t be able to keep up with demand, They won’t be able to export due to high domestic demand, Australian MC will be sought after to fill the supply demand. This is why canopy and Aurora have vested interests in ac8 and CAN. Direct supply chain. My bets are that we’ll be hitting $5 by EOY providing Canada goes legal. I doubt it won’t. ac8 and CAN won’t be able to keep up with supply. Once legal it’ll be like the tobacco and alcohol black market trade. There won’t be one as big because there will be a massive increase in law enforcement to tackle the black market so the government can reap in billions in taxes. My money is on MC.

Expand

But all the MC crops are being engineered with extremely low levels of THC (the part that gets you stoned) so where's the recreational appeal of that? I haven't read anything about Ac8 aiming for this market in the future, do you have any evidence to support this prediction?

AC8 Price at posting: $1.46 Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 7 more messages in this thread...

First 3 Last

Add AC8 (ASX) to my watchlist