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What about the Tulip Mania in 1636-1637 I'm pretty sure it is...

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leoburner

64 Posts.

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10/05/18

07:43

Post #: 32997856
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Originally posted by Levelgrinder ↑

And as a contrarian angle, in terms of expected supply shortages, some US & Canadian pundits predicted an ongoing shortage in Oregon too. Different place, laws, license restrictions, etc, but worth keeping in mind. Classic new market, lots of new players, lots of capacity brought online = oversupply and lower prices. Oregon went legal rec just 3 years ago, and now....

How do you move mountains of unwanted weed? - https://www.theguardian.com/society/2018/may/09/how-oregon-grew-too-much-marijuana-to-sell

Point I'm making is that you can't assume too much, as this is such a new market. You can compare it to general commody behaviour if you want, but there has been no other commodity like this just appear on the world market, so you can't use historical behaviour in commodity markets as a guide, imho.

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What about the Tulip Mania in 1636-1637 I'm pretty sure it is similar from a regional stand point from what you have explained about Oregon. Have a look at the Tulip Mania Maybe there is some type of warning in the story, maybe there is some sign of good things to come Let us know what you think!!

CAN Price at posting: $3.65 Sentiment: Buy Disclosure: Held
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