Canopy Growth Corp (WEED)

[Bonno]

Matt Lamers ????
@matt_lamers

Why ???? cannabis prices are plunging—unlike just about everything else |
@bonno
@IreneHGalea
@mattlundy33
@globeandmail

Cannabis inventory (in units) is still 5-18 times more than demand:

Edibles—8X
Extracts—7.5X
Topicals—18X
Dried cannabis—5X

theglobeandmail.com

Why cannabis prices are plunging – unlike just about everything else
Inflation may be at multi-decade highs, but marijuana producers are slashing prices to fight for market share

May 2
Replying to
@matt_lamers

@IreneHGalea
and 2 others
Yep, nobody wants insanely priced legal stuff. It is a leaf. Easily grown. Should be cheaper than tobacco. How costly to produce, transport, sell + profit= price. Get the government out of it completely.
franco
@Xtenchen
·
2h
Replying to
@matt_lamers

@IreneHGalea
and 2 others
Prices are still the same bro, idk what ur smoking.

Ever since legalisation it made it way more expensive for medical use

Altho everyone thot it would be cheaper

Why would dispensaries lower prices when they know they can still sell at this price and still make billions?
TrollPower???? FREE ISN’T FREEDOM
@atpower111