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Mr Copper

Posted by eeos @ 14:42 on December 28, 2017  

It’s a race to the bottom in price and most of these stocks are non-performers. The price of the product just keeps going lower, so I’d say bad investment. Now when things get legalized in your state, then starting a dispensary could be a great investment. What it comes down to is this, good growers don’t need corporate sponsors. The business is energy and heat intensive. In the end, the states that have the cheapest cooling cost are going to win. This is known as free-side cooling, it just happens to be only a few states are really good for this. And this is why Colorado could win the race. There are lots of novelty companies making a ton of different products, edibles, vaporizing tech, and companies making high tech distillates that would be better money invested IMHO. It’s best to just visit CO to understand the emerging technological innovations.

 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.