/biz/ - Business & Finance

>>6329901
Here is Chris Goodwin a popular figure in Canada writer for Cannabis Culture is now shilling weed stocks to hippies. He mostly got flamed in response because mah capitalism.

http://www.macleans.ca/economy/economicanalysis/investors-are-delusional-when-it-comes-to-canadian-marijuana-companies/
This has been what I've been saying about weed stocks, anyone in them is going to get fucked in the ass by government regulation

>It is not difficult to predict profit margins will fall under regulation and that current market cap valuations are predicated on unrealistic expectations.

>The Ontario Liquor Control Board (LCBO) and Société des alcools du Québec (SAQ) effectively have a monopoly on the sales of most alcohol products in their respective provinces (with the exception of beer and some wine). The LCBO is one of the world’s largest buyers and demands much from its suppliers in terms of large quantities and price discounts. Minor producers, even in Ontario, who are unable to meet the demands of the LCBO must sell their products elsewhere.