Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.
Is anybody short the market right now?
Comments
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You're missing out.MikeDamone said:
Also I’ve never touched the stuff outside of CBD oil THC free. -
CBD and hemp-related products will provide better returns than MJ-related businesses. But still extremely risky as an investment and likely to have very high failure rates.MikeDamone said:
Also I’ve never touched the stuff outside of CBD oil THC free.
Processors and testing companies will do fine. They are in the middle and really don't care about market prices.
But the supply side of inventory will drive the price down to essentially that of wheat or grain. Once farmers start converting their crops over to cannabis (whether MJ or hemp), the supply will outpace the demand. Good news for the consumer but not so much for the companies trying to drive revenue and growth. -
At the end of the day, it will be like big tobacco. There will be 3 or 4 large corporations that own it all. The question is, which ones will it be?PurpleThrobber said:
Processors and testing companies will do fine. They are in the middle and really don't care about market prices.
But the supply side of inventory will drive the price down to essentially that of wheat or grain. Once farmers start converting their crops over to cannabis (whether MJ or hemp), the supply will outpace the demand. Good news for the consumer but not so much for the companies trying to drive revenue and growth.