Canopy Growth Corp (WEED)

[Bonno]

Matt Lamers
@matt_lamers

UPDATE: Canadian cannabis producers supply/demand production

In the past 24 months of available data, regulated stores & wholesalers combined inventory (units) rose 19%

?? Inventory (units) at federal licence holders rose 164% ??

Completely unsustainable


And that doesn't even include *unpackaged* production/inventory, which in the latest month of available data was 1,147,704,000 grams.

That's 1.1 billion grams of new inventory.

And this is from September, so pre-croptober!

Matt Lamers
@matt_lamers

May 2
Ironically, this supply/demand mismatch is mostly being fueled and funded by the financial institutions which cover these stocks, reporting at a granular level and bemoaning their billions in losses over the years

¯\_(?)_/¯


May 2
Replying to
@matt_lamers

1000 stores opened in ontario alone from oct to jan

·
4h
Replying to
@matt_lamers

Only fools bought into the legal system enjoy your loss