Canopy Growth Corp (WEED)

[Docev]

I've seen the opposite amognst my peer group. I'm a millennial - the largest consuming age group of marijuana. I live downtown Toronto. The majority of my friends got useful commerce or engineering degrees and have incomes ranging from $60K - $120K. I would say 85% of the users in university still consume now from my experience. The dispensiares were a big leap forward from meeting dealers. That being said my educated peer group would prefer to buy from LP's than the shady Cafe in City Place that sells out of a back room or the Emery's Canabis Culture franchise. From a health stand point they prefer tested Health Canada approved product. They like to know exactly whats in the product to choose if they want to get couch-locked for a movie or just a little early evening or daytime buzz. We probably are the highest consumers of Uber rides and Uber eats, millennials love convinience. Placing an order on a phone App and having it delivered to your residence is much more convinient than going to the store. Typically buyers purchase $80-$100 and up at a time and never let the supply finish before getting more. LP product being cheaper than ALL TORONTO DISPENSARIES is also a huge bonus. Most dispensary bud goes for $11-$14 a gram unless your're buying the bottom shelf stuff for $10. Keep in mind these are Toronto store front prices. Once you know what you like and what you want you have no need to visit the brick and mortar shop.

The problem is it's a tedious process to register as an LP patient. I probably know 6 LP customers and another 8 who would get if it wasn't so difficult. Of the 6 LP customers 5 of them are rec users but had a medically documented ailment that allowed them easy access. The ones who want it are obviously all rec users.

The LP's have great product. Everyone is slowly getting exposed to a greater variety as more people register and existing clients bounce around producers. Broken Coast has some top notch product. Only THC strains available currenty but it's all top notch. Bedrocan is consistently amazing, it just gets a little repetitive with only 4 strains (not counting the 0%THC strain). Tweed is the most frustrating of all because they have some incredible product that is so highly in demand that they can't keep it on the shelf.

Anyways that's more than I expected to write when I hit reply. People want convineince and safe product. The LP demand is there. Mail order will be huge.