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Re: None

Monday, 08/10/2020 2:52:38 PM

Monday, August 10, 2020 2:52:38 PM

Post# of 1377
I just had a listen to the CEO of Canopy on BNN. Doing well but can't keep up with supplying demand. Keep in mind that Canada finally sorted out the lock out and delay of retailers and dispensaries. Did mention that they are getting more products on shelves in the US and did make mention of beverages infused with THC as a way of getting non-smokers to try marijuana. I believe that beverages infused with cannabinoids are going to be the bread and butter of the marijuana business especially when we get a level playing field with alcohol. Right now they are getting as much as $10 a can for thc infused in Canada as a single serve, so great markup and profit potential. Sadly these products seem to be rushed to market and have a lot of room for improvement. Tinley Beverages took their time and test marketed and tweaked their line of infused products and got awards for flavour and effect. Maybe Canopy will buy them out to get some good products on shelves. Consumers want infused beverages and are lining up for them despite the fact that they are not so good in Canada yet.