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      "text": "Again, we ask readers to evaluate this data with a grain of salt as the parties involved are in the sandalwood business (i.e. another presenter in this conference is TFS consultant, Mr Padmanabha).",
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      "text": "Firstly; we challenge the implied opinion that the illegal sandalwood market will grow concurrently (albeit, at a smaller pace) than the exploding legal market. There is no logic behind this projection.",
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      "text": "Lastly; we challenge TFS's often quoted sandalwood oil wholesale price of $4,500/kg. Note the trends presented in the graph below.",
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      "text": "Secondly; we challenge the opinion that the global market for sandalwood products will increase 5x from 2020 to 2025. What is the basis behind this assumption?",
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      "text": "23 https://www.washingtonpost.com/news/wonk/wp/2016/03/03/legal-marijuana-is-finally-doing-what-the-drug-war-couldnt/",
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      "text": "Figure 28 Graph 3 Proceedings of the Art and Joy of Wood conference, 19-22 October 2011, Bangalore",
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