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Strategies & Market Trends : Winter in the Great White North

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From: Graystone10/22/2018 9:51:23 AM
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Legally out
or
Selling everything

The market is bound to wake up to the fact that this shortage is going to take a long time to clear up and good growers are going to have no trouble getting top dollar for everything (for awhile anyway). My small city must have 40 or 50 liquor stores. There are just a few pot stores but we are getting more. The provinces are running out of pot, not the stores. The stores are selling out, the provinces are running out. Ontario won't open any stores until next year so about 25% of Canadians currently cannot go to a store to buy pot. (Thanks to the fool Doug Ford).

I put the last few pennies into more NINE.WTs. I am not usually a warrant guy and already have a bunch of these warrants. The retail picture is just starting to develop and the main thing that is immediately obvious after talking to a few store owners is, they had no idea. I spoke to one owner that said he had an intuition it might get busy and went online in the last few days and bought everything he could get his hands on from anyone. It is all sold. I really like the fact that NINE is on both sides of the deal, a retailer and a grower. They buy their own product back from the Manitoba government to sell in their stores.
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