Appreciate your numbers LB. Disagree about barriers to entry. IMO very low compared to many other industries where, eg, significant IP is required. While regulatory approvals may be a barrier, in effect they aren't. It just takes cash.
I operate in the mineral resources industry where you see commodity supply being flooded by new entrants on speculative pricing. $11/gram product price screams speculative interest. This is classic for any start up industry; it'll be no different for MJ. The real money is made in consolidation. I wont be a CAN holder for very long, but I expect it will be a great ride!
You got pumped and dumped, page-39
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Last
3.8¢ |
Change
-0.001(2.56%) |
Mkt cap ! $17.74M | |||
| Open | High | Low | Value | Volume |
| 3.9¢ | 3.9¢ | 3.7¢ | $3.023K | 78.56K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 308137 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 166529 | 1 |
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