Canopy Growth Corp (WEED)

[Bonno]

Overt incapacity to deliver

Hexo, Tilray and Canopy fall from almost 50% to barely 20% market share in a year - it's not just their ankles anymore, the pain is now more then waist deep and coming for the jugular.
Bonno
May's Canadian cannabis market share leaders, per
Cantor/Hifyre (compared to Feb-Apr 2021)

HEXO—9.8% (14%)
Organigram—7.9% (5%)
Tilray—7.7% (18%)
Canopy—6.7% (15%)
Pure Sunfarms—6.1% (6%)
Auxly—5.5% (4%)
Decibel—4.2% (3.2%)
Cronos—4.2% (3.2%)
BZAM—3.1% (n/a)


Courtland Sandover-Sly
@C0URTLANDS
·
2hReplying to
@WhatsMyPot
It makes complete sense to me.

These companies were always doomed to fail. Hexo's cost per gram was almost $8 at one point in 2018.

Their hope was that they could bully the market and then bully the politicians into restricting new entrants to the market.

Whoopsy!
ArkhamSmoke | budstuff.club
@BudstuffClub
·
18h
Replying to
@WhatsMyPot
They are falling faster than I ever imagined
????WhatsMyPot??
@WhatsMyPot
·
18h
What's even more notable is who dropped off the list completely..