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Also, commoditization is rearing its head in Canada and Colorado. It already hit big time in OR several years ago.

Have a look at Tilray’s Q3 today, avg price/g down 48% to $3.25. Other Canadian cannabis companies have reported big drops, but this is the worst I’ve seen. Still could go lower, I think. Compare with commodities like fine herbs (basil, say) which are much lower.

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