ST Alpha - "The lesson from here is that this stuff will take about a year to settle out." (Reading a Post)

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In response to "there's a black market that can mess with that though... CA is losing a lot to black market sales because of high prices. -- nm" by colin

The lesson from here is that this stuff will take about a year to settle out.

Posted by Reagen Feb 9 '21, 10:46

or possibly you'll benefit from us sorting through the hard part.

Responses:

yep. i mean, i think it's an okay time to buy weed stocks for long term holding, but short term trading on it is going to be weird. -- nm - colin Feb 9, 10:47 4
- Long term I see it being like tobacco: heavily regulated, stable low growth, relatively high yield. -- nm - znufrii Feb 9, 10:54 3
  - yup. i'm also hoping there is a lot of opportunity for "craft" growers to get in.. i feel like there will be a lot of similarities with craft beer. - colin Feb 9, 10:59 2
    - Yes. Very similar to that, I think. -- (edited) - znufrii Feb 9, 11:00 1
      - i'd like to see better vape controls... there's been some sketchy stuff going on with that. legalization will make it so much better and safer. -- nm - colin Feb 9, 11:08

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