Weed like every other grown commodity isn't likely to be a large margin item once its legalized and full competition sets in. I saw something a while back about the same phenomena happening in Colorado after legalization. Basically growers grew themselves into the ground. It would not be hard to supply the Canadian market even if only one province was growing. Demand is not THAT high...An ounce or two could keep the average user stocked for months.
Another thing to keep in mind is that black market dope is still going to get grown in houses and in the bush. Old habits die hard. I suspect that this source will still satisfy much of the demand in already established markets and with non-conformist users. Add to that the potential that they may allow growing of small personal amounts and I would not be betting on MJ stocks. I'm sure one or two companies will do well but good luck picking a winner. May do better hitting the craps table.
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