Categories: Uncategorized

Fracking Marijuana – How the Oil Markets Show the Future Price of Cannabis

In some ways, marijuana is like oil; there is a cost to get it out of the ground, there are heavy investments in fixed assets to get it out of the ground, and as long as the price is greater than the cost to get it out of the ground, the effort generates cash for the business. Whaaat??? Assume for a moment that the variable cost to get your commodity out of the ground is $20 and you sell it for $80.

Jason

Share
Published by
Jason

Recent Posts

The Red Wall Blocking Marijuana Legalization in America, Real or Imagined?

As the movement for marijuana legalization gains momentum across the United States, a significant barrier…

2 days ago

Autoimmune Conditions Are Rising Fast in American Medicine, Can Cannabis Help?

Conventional treatments prescribed to treat autoimmune conditions are focused on taming inflammation; these usually include…

2 days ago

Ohio Non-Medical Cannabis is available at Verilife

Verilife Non-Medical Cannabis is now available in Ohio. Open to customers 21+ with a valid…

3 days ago

Find Verilife in New York

At Verilife, there's always a stocked selection of top products & new favorites. Find the…

3 days ago

Find Verilife in Illinois

At Verilife, there's always a stocked selection of top products & new favorites. Find the…

3 days ago