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Experience here in Canada has shown it's not nearly the massive market that people thought it was. Tons of stores with excess stock and people losing their shir
by cmrdporcupine 3y ago
Experience here in Canada has shown it's not nearly the massive market that people thought it was. Tons of stores with excess stock and people losing their shirts, production curtailed. Big speculative wave when legalization was announced, and then it collapsed. Take a look at e.g. Canopy Growth's stock price over 5 years and you can see how the hype wave went.
- int_19h 3y agoI mean, we kinda already know the size of the market in US in those states that legalized, and it's lucrative enough. But even if it's not massive, it's still extra profits that could be made.