I gotta think that big liquor is working on a way to monetize their regulated channels for pot friendly jurisdictions, as well as in places like Canada (where legalization has just been announced).
I mean, they are not complementary products, and if pot sells, it will displace 'x' bottles of total consumption of booze (my assumption here).
Sure as shit someone out there has a model. And options and futures prices should crystallize it.
The pie is only so big, right?
So, while I don't expect a nifty spreadsheet to hit my inbox, I would like to hear from any thinkers out there who see the future as I do.
I expect a 3-4% decline in industry volumes in places like Colorado, Washington, and Oregon. I'd also think California would be a bit of a drop as well.
Submitted May 27, 2016 at 05:42PM by mollytime http://ift.tt/1qPVIwc
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