Tren Griffin @trengriffin I work for Microsoft. Previously I was a partner at Eagle River, a private equity firm established by Craig McCaw. I am on the board of directors of Kymeta. Feb. 01, 2020 1 min read

"By the end of 2019, Colorado cannabis cultivation licenses dropped 8% to 683 businesses. The average market rate slumped to a low of $759 per pound in 2018 after peaking at $2,007 in early 2015. That rate has rebounded to $1,316."  https://www.denverpost.com/2020/01/14/colorado-cannabis-marijuana-wholesale-market/amp/ 

"LivWell is building large-scale indoor cannabis growing rooms in Colorado and Oregon. The new rooms have 30- to 40-foot-high ceilings and state-of-the-art LED lighting cool enough to sit close to the plants."  https://www.cpr.org/2020/01/05/us-cannabis-might-be-top-shelf-but-canada-is-the-export-king-for-now/ 

In his “Five Minute University” routine on Saturday Night Live “Father Guido Sarducci” pointed out: “Economics? Supply and Demand. That’s it.'”  https://m.youtube.com/watch?v=kO8x8eoU3L4 

It's almost as if there is another untaxed source of supply.

"black-market pot sales outpaced legal revenue by a ratio of nearly 3-to-1 (an estimated $8.7 billion versus an estimated $3.1 billion for legal weed in 2019)."  https://www.google.com/amp/s/www.fool.com/amp/investing/2020/02/01/california-is-failing-its-cannabis-industry-big-ti.aspx 


You can follow @trengriffin.



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