Lp,s are doomed!
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Load up folks ~ AAAAA cheap weed is coming...
https://cannabis.net/blog/news/colombia-legalizes-medical-marijuana-for-local-use-and-export-is-this-a-gamechanger
Doomed? It,s coming folks!!!
One curious argument not looked in the paper is that if cannabis’s margins have a “race to the bottom,” where grow operations will move to cheaper areas based on labor costs, electricity, and water, what happens when U.S. federal legalization hits the U.N.? Yes, areas with lower labor and production costs may gain marijuana jobs, but what happens when much cheaper places like Mexico, Brazil, Colombia, and Costa Rica begin to export their cannabis production? It won’t be a U.S. race to the lowest costs, but an international race to the bottom. Based on how fruits, vegetables, car parts, lumber, and other international businesses work, the U.S. may not be the biggest or best cannabis producer on the planet.
RELATED: USPS Suggests PACT Act Compliance Exception For Mailing Hemp And CBD Products
Once the U.S. federally legalizes the plant, then the U.N. will have to change its drug treaties and now 163 other countries will be able to grow cannabis and export it without fear from the U.S. judicial or financial system.
Can cannabis farmers in the Emerald Triangle grow cheaper marijuana than Mexican farms just south of San Diego? Conventional wisdom says, no.
https://thefreshtoast.com/cannabusiness/shipping-marijuana-around-the-us-may-already-be-legal-due-to-dormant-commerce-clause-in-constitution/
Happy, time to load up`
"Expert" analyst call it a buy, but i,d wait a little more...
Why not be patient and buy when shares go for 50 cents?
You could make a buddle tdwiddle!
https://edmontonjournal.com/cannabis-news/misleading-thc-and-cbd-labeling-practices-prompts-letter-from-health-canada
So much for Canna-Naive-Happy-Bag-Holder!!!
When the word is out, there is no going back.
https://edmontonjournal.com/cannabis-news/misleading-thc-and-cbd-labeling-practices-prompts-letter-from-health-canada
Licenced by Health Canada in 2001. Same year as Remo Colasanti.
Remo stated Crappy Growth was mold city when he visited Tweed.
https://www.mapleridgenews.com/news/urban-remo-a-youtube-cannabis-celebrity/
It,s no wonder Crappy has to GammaRay entire crops.
Burning terps in the process.
They still have to throw away tons of bunk weed annually.
They grow bunk and mislead customers with phony lab results.
Poor Happy, No DD, No canna knowledge, big mouth, doomed!
What about Fluffy "Bots and Russians"?
Canopy is desperated...
They gouge their customers with false claims while tring to survive another month...
Pure Sunfarms’ February letter – which has since been viewed by MJBizDaily – told Health Canada’s Cannabis Compliance Directorate that the company believed Canopy was “employing a static labelling approach” by displaying the same potency levels for multiple lots of cannabis.
So much for Happy Cartel testing.
https://mjbizdaily.com/health-canada-issues-reminder-on-cannabis-potency-labeling/
You are doomed but you have,nt realized it yet...
Give it a little time... Lol
Your weed is bunk.
I pay more tax than corp.
Your Monopoly Cartel Is a DuD.
No traction ~ Bunk Weed ~ designed to fail in an overcrowded market.
"Canadian cannabis companies, which dominate most ETF holdings, are itching to expand into the higher-growth U.S. market. Canada’s legalization of cannabis in October, 2018, has given them a head start, but the industry is largely locked in a homegrown market with too much competition."
https://www.theglobeandmail.com/investing/article-why-now-might-be-a-good-time-to-buy-us-focused-cannabis-stocks/
Canna naive CEOs, Fowler being the exception,
do not have a canna clue of what is even going down in
the cannabis industry...
Outsiders coming in a market they don,t understand... Lol
Burning your cash like crazy... LOL
Columbia now have a licence to export and 6 cents/gram sounds good.
EQUATORIAL Columbian Gold grown in the best conditions.
I can dig it.
You are doomed!
Klein clone!
"Smaller mom and pop businesses which know their clientele better say some of the rules the corporate giants want - such as growing the drug indoors, to stop teenagers with drones stealing their weed - show how poorly they understand their market.
Canadian marijuana users also prefer to get their products through illicit means as about 50 percent of pot that is consumed north of the border is obtained on the black market, according to The Walrus. It is unclear why the demand for illegally-grown weed continues to boom, although experts say it may be because illegal dealers will sell people more of the drug than their prescription allows for.
Between 2018 and 2020, Canadian producers have had to destroy 500 tons - or 985,000 pounds - of unpackaged dried cannabis, according to MJBizDaily."
https://www.dailymail.co.uk/news/article-9874785/Canadas-legalized-weed-business-flops-1-1-BILLION-gram-marijuana-mountain-sold.html
Klein is a great CEO who deserves mui dinaro.
Crappy Growth execs have their eyes on the ball.
They know the canna market and it shows...
They deserve a bonus!
https://www.thegrowthop.com/cannabis-business/canopy-growth-execs-make-millions-in-bonuses-despite-1-7-billion-loss
LPees are stuck with-newbies-buying-one-pre-roll-a-month...Lol
"What I also believe is any consumer who is prepared to come from the legacy market into the regulated market will not consume any of the larger LPs’ products."
"So, if there’s a hope to convert that consumer into the legal market, they will also be a craft purchaser."
https://mjbizdaily.com/entourage-ceo-george-scorsis-explains-small-batch-cultivation-focus-canntx/
Time to load up!
Time to load up on BIG SCALER LPees while shares are cheap.
"What I also believe is any consumer who is prepared to come from the legacy market into the regulated market will not consume any of the larger LPs’ products.
So, if there’s a hope to convert that consumer into the legal market, they will also be a craft purchaser."
https://mjbizdaily.com/entourage-ceo-george-scorsis-explains-small-batch-cultivation-focus-canntx/
Get your stale weed here folks and help the company...
https://newsbeezer.com/canada/canadas-legalized-cannabis-business-fails-with-1-1-billion-grams-of-marijuana-mountain-that-cannot-be-sold/
https://www.morningstar.com/news/marketwatch/2021080965/canadian-cannabis-companies-are-still-not-profitable-almost-three-years-into-full-legalization-earnings-show
THEY ARE DOOMED!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Specially when Columbia exports it,s Columbian Gold.
LPees will bite the dust!!!!!!!!!!!!!!!!!!!!!!!!!!!!
“The economic advantages of cultivating along the equator, with the geographic advantages that Colombia has, will be game changer for the global cannabis industry,” said Luis Merchan, chief executive officer of Flora Growth, which has its main cultivation center in Colombia and recently announced it would relocate its corporate headquarters from Toronto to Miami. The average production cost for 1 gram of dried marijuana flower is 6 cents in Colombia, compared to about $1.25 in the U.S., Merchan told me in a phone interview.
https://www.bnnbloomberg.ca/colombia-gets-a-leg-up-in-global-marijuana-export-market-1.1638280
Time to purchase more shares Happy!
Awesomesound had his finger on the pulse right from start.
That,s is right Happy!!!
LPEES ARE DOOMED
CEO,S are cashing in while investers are holding the bag![/b
https://www.google.com/search?q=MJbizdaily+CEO+of+acquired+marijuana+companies+cash+in+by+the+millions&rlz=1CCBBMB_enCA964CA964&oq=MJbizdaily+CEO+of+acquired+marijuana+companies+cash+in+by+the+millions&aqs=chrome..69i57&sourceid=chrome&ie=UTF-8
Bonehead LPees have a licence to print money.
They are backed by RCMP and they manage to blow it BIG TIME!!!.
Meanwhile, legacy is pumping it out.
Get your summer discounts...
https://cocaleafcafe.com/
https://mushroomdispensary.com/
https://cannabisdispensary.ca/shop/
https://potheadbooks.com/
https://budbuddy.biz/
Typical newbie move: Wet feet with Crappy first.
Next, newbie moves to legacy after tasting it at a party.
"As for the bottom line, Canopy trumpeted net earnings -- for the first time -- of $390-million. Yet this was entirely thanks to a $581-million non-cash accounting adjustment, related to the stock's decline from over $40 on March 31 to about $30 on June 30. Operating loss was a hefty $187.7-million, while adjusted EBITDA was negative $63.6-million."
https://www.stockwatch.com/News/Item?bid=Z-C:*MKTPOT-3121889&symbol=*MKTPOT®ion=C
Legacy has paid all court/lawyer fees up to the Supreme court.
Malmo-Levine and many others.
Legacy is a tight world community.
Legacy is running on all cylinders. Per usual. As they always have.
Legacy is the only biz who makes money.
You don,t know what you are talking about!
No incentive to invest in a system designed to fail by Bill Blair.
Growing stale dried bunk weed is not a great biz plan in my opinion.
As 1$-a-joint is upon us, LPees will go belly up.
That is what newbs are after. Burns your throath but...
Until they find out about legacy,s fire...
Legacy is where it,s at.
Happy... what are you smoking?
$1-a-joint is here folks...
Lpees have nowhere to go but down in flames... Lol
https://okanaganz.com/oz/news/1-a-joint-campaign-unique-in-cannabis/
https://www.youtube.com/watch?v=89dGC8de0CA
DOOMED IN AN OVERCROWDED MARKET
https://www.cbc.ca/news/canada/ottawa/pot-stores-expansion-concerns-retailers-1.6131066?fbclid=IwAR3DerYxpcZxB-UMrkxmedm4yxNgfbOXeqvYRfPf_K_1p-XG5TOcci2HumQ
https://thewalrus.ca/what-do-you-do-with-a-billion-grams-of-surplus-weed/?fbclid=IwAR0htrRP4Ermrc60UF6usbsWqx9VJxT0oW600UKzRUkhzkTIQAj9GFThp1U
OVERCROWDED CANNA MARKET
The market is super-flooded,” the source said. “There’s a huge glut. Nothing is moving. … Talking to the old-, old-timers, no one has ever seen it this bad. And it’s on both sides, the white and black (markets)."
Those who are growing buds known as “mids,” or midgrade quality flower, could be in serious trouble, he said.
https://mjbizdaily.com/falling-prices-in-california-marijuana-wholesale-market-alarms-some-growers/?utm_medium=email&utm_source=newsletter&utm_campaign=MJD_20210806_NEWS_Daily
Well it is the only thing they can do; spin a terrible earnings report. And following the price action, it is working because CGC should be tanking on this pitiful report (but it is not). Amazing!. And I don’t mean in a good way.
It is not my intention to disparage anyone on this forum, and what you do with your hard-earned money is your prerogative, but looking at the balance sheet alone should give anyone with even limited financial literacy a cause for nightmares.
An expensive lottery ticket and a big big dream (a fantasy maybe). And US legalization will not solve the issues of a grossly underperforming operation.
Caveat Emptor!
Best of luck to you folks.
Good point. Would opening the US market give CGC the leg up they need or simply allow them an avenue to lose more money? Only half kidding, but if they have a hard time keeping expenses in check while focusing (largely) on the Canadian market, who is to say they can run their American operations smoothly and without big losses?
100k is peanuts in this business laddy.
Klein makes money.
https://www.piquenewsmagazine.com/the-mix/not-where-we-want-to-be-canopy-growth-ceo-says-market-share-softened-in-q1-4198471