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Friday, July 01, 2022 9:10:02 AM
my guess is that fed ex UPS etc, even the USPS have a special rate one can pay for 1 day delivery.
since I am sure the prices have gone up, they can bury the lift on shipping costs and a 40% discount (now a 20% discount? not sure if I missed a window or not) , and still keep a similar profit margin.
even if the profit margins are stagnant no bother. I still support the business model. it is similar to wal mart's, where if one sacrifices profit during a recession to have lower overall costs, the idea would be it would take more customer base from competitors and make it up in increased volume. Increased volume leads to more word-of-mouth marketing etc.
also I do hope that cannazall might be 'dumping' shares for hundreds of thousands of dollars not necessarily to pay back the debt (though that is still quite important), but possibly to stock up on back log inventory.
an example of the campaign against movie stock, the media wrote "food shortages = no popcorn = movie theatres make their biggest revenues not on box office but concessions = movie stock goes to 0."
to which Adam aron tweeted "we have a stockpile of popcorn that can last 3 years"
with the recession coming, some of the smaller CBD companies may have serious supply issues. My hope is that if they did get bigger order htis on the new website and they are shipping more product, they are buying DOUBLE the product from wherever the labs are that make it so that if things get really bad for interstate shipping here, cannazall has inventory to sell.
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