Canopy Growth Corp (WEED)

[CommonCents4Dollars]

I think trying to decipher the average order would be difficult to do at this point in time as some clients use or are ordering a lot more than others. Like Bruce discussed when interviewed by James West, where he compared usage to Joey Chestnut the world hot dog eating champion.


Bruce Linton: It’s really bad not to answer questions, but let me give you what I think is a good non-answer. When one person asked me about this, I said ‘What I think you guys really care about is how many hot dogs were eaten. Not who ate the hot dogs.’ And so, if we had Joey Chestnut, the world champion hot dog eater as our client, he might eat a lot more than the average person. So we haven’t been disclosing the number of patients. What we have been disclosing is that we found in the early stages, when there was scarcity, and people didn’t know when we’d have more supply, their individual buying patterns we don’t think were predictive, but they were buying as much as they might have been allowed to. And so we’re going to continue to go out not disclosing the number of individual hot dog eaters if you will, but rather we’re going to disclose the value and the volume and the division between sources of production. And I think that combination, people will be able to see same store visits, quarter-over-quarter, how much more did you move?

And so it was an early choice, because as soon as you disclose patients, you get an entirely different matrix. And I’m not sure that’s a helpful thing.

So we’ve been selling out, and we’ve been selling out quickly, and now we’re finally not selling out, and we’re being able to put more people onto our buyers list, and that’s kind of the story line.

http://www.midasletter.com/2014/09/tweed-marijuana-inc-ceo-bruce-linton-q2-expanded-production-growing-sales/