I don't think anyone would ever tell you we're going to meet demand on July 1, 2018. There are 55 licensed producers established right now, and at this time last year there were probably 25, so we are getting more and more folks online. Those licensed producers are expanding rapidly and moving into greenhouses in order to increase supply.
As was discussed this morning, one of the biggest challenges we saw in Washington state and in Colorado, despite a long lead time for legalization to be in place, was a shortage of supply. We've seen the same thing in Nevada recently as well.
I would expect to see some initial supply shortages, and then a regulation or a flatlining happening a few months down the road.
I think one of the bigger concerns is whether we're going to be able to incentivize people currently using the black market to move into the licit system. If it's taxed too highly, or if access is in any way more inconvenient or less affordable than it is through the black market, I think we're going to have a lot of trouble convincing people who are currently buying from the illicit market to move into the licit market. That's part of the task and responsibilities of this group and of the current government, to make sure that accessibility is not an obstacle.