Wednesday, April 19, 2017 7:25:35 PM
"Offering third party products (as announced today) signals to me they know that their mass-produced stuff is a risk, that it's not 'great'. I'm pleased as an investor, but curious about why they are having problems."
I think it signals that they know mail order is coming and soon. They also know that craft growers will be a growing reality they cant avoid which will increase competition. To me this is like acquiring some of your competitors without out having to pay for them.
It means locking up increased medical patients in the near term because of the one script one company scenario (yes I know docs can split script but many will not).
It means customers who never would have gone to Tweed for any number of reasons like location, strain, marketing bla bla bla will end up going to Tweed anyway. When the craft grower runs out which they inevitably will because they can't grow at scale they may stay and try Tweed as a result.
It means starting to make it tough in the near term for the big competitors to access wholesale when they need it from these craft growers. Think ACB needing to sell OGI weed because they couldn't grow enough. In a way its a b2b model that only Canopy has access to.
As for Tweed quality my experience is completely different. I am not a patient but my aunt & a good friend are. The stuff I have smoked with them is frankly effin amazing....maybe i am just not as experienced a connoisseur but I can tell you my aunt is definitely experienced 50+ years so and she swears its top notch.
Seems to me quality in all things is a very personal experience. I know in my business you cant please them all but that doesn't mean you still cant be near or at the top in sales consistently. Even those that don't prefer your product still shop in many cases if the convenience, price & service are there as long as they don't absolutely hate the product.
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