sorry but that nice longwinded post didnt answer the most fundemental point; I.e. governmental greed! they will tax it and regulate it so high that it will be just as expensive as now.
do you see tobacco being grown by everyone even though a pack of cigs is sold at a horrible price compared to the cost of production. what about alcohol? is that being sold cheap? no my friend this plant will be used by the governments of the world to get some sorely needed cash flow increases. they will not allow the free market to run it's course, this would be the only way that your hypothesis could come true. i.e. price collaps due to market saturation.
btw, the cannabis you are talking about in Canada is medical cannabis, not recreational. big difference. but i still maintain that prices will end up being higher then expected when all is said and done, as the Canadian gov will look at the cash being raked in in Co and will want their slice of the pie. i hope i'm wrong about this, but thats my thinking on the basis of what i'm seeing happening.
do you see tobacco being grown by everyone even though a pack of cigs is sold at a horrible price compared to the cost of production. what about alcohol? is that being sold cheap? no my friend this plant will be used by the governments of the world to get some sorely needed cash flow increases. they will not allow the free market to run it's course, this would be the only way that your hypothesis could come true. i.e. price collaps due to market saturation.
btw, the cannabis you are talking about in Canada is medical cannabis, not recreational. big difference. but i still maintain that prices will end up being higher then expected when all is said and done, as the Canadian gov will look at the cash being raked in in Co and will want their slice of the pie. i hope i'm wrong about this, but thats my thinking on the basis of what i'm seeing happening.