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Re: Chicago-Paul post# 62424

Tuesday, 02/11/2020 5:41:20 PM

Tuesday, February 11, 2020 5:41:20 PM

Post# of 70338
Agree cannabis CEO's should be sweating every dime like it's their own. Unfortunately the capacity craze at the beginning has indebted early movers by building capacity well beyond current needs. Now the large caps are all sweating every dime like they should have from the beginning.

It's hard to tell who the final winners will be. I like some of the small cap craft growers who came in late with rightsized facilities, and premium products. Many of the craft brands are outperforming the big boys in popularity at the store level.

They're easy to find by searching provincial cannabis websites and sorting by popularity. Most are selling for pennies right now, but who's to say they won't be profitable first, and expand with cash flow as their market share grows. Building brand loyalty is what matters most now. imho. Liked the post. gl

Posts are my opinion only, and not advice of any kind. glta

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