/biz/ - Business & Finance

October weed run has begun. Now, I know the charts look like they're teetering on the brink of collapse from a very lofty and unstable precipice, and they absolutely are, however I do not think the Canadian weed bubble is quite finished just yet. Articles like the one below are why. You're going to see media posting articles pretty well daily from now until October 17th talking about weed. Talking about weed sales. Talking about weed weed weed all the time. So much weed you'll be sick of hearing about it.

I believe this will trigger one more retail driven pump up to previous ATH levels if not slightly above. It will be stupid. You will be right to say this is a bubble and a lot of people are going to get wrecked when it violently pops. But it will happen.

Below is some soiboi and some feminist looking chick talking about how supply may exceed demand in the initial week of sales:

https://www.cbc.ca/news/business/legal-cannabis-shortage-looms-1.4845816