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That's what the venture capital involved seemed to expect anyway. There was a VC bubble for the industry, and some really crazy brands were showing up. Brands
by ehnto 4y ago
That's what the venture capital involved seemed to expect anyway. There was a VC bubble for the industry, and some really crazy brands were showing up. Brands where you could buy your weed along side an order for a $15,000 dollar leather horse saddle, golden glassware, crystal ash trays or other expensive trinkets. Farm tours and taste testings emulated the wine industry to a tee. They were 100% banking on a premium clientelle. Does such a clientelle actually exist in enough quantity to support that industry though I wonder? Surely there was market research showing it might?
- automatic6131 4y ago>Surely there was market research showing it might? Yeah of course, it was done along side the crypto due-diligence