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Friday, July 08, 2022 9:29:03 AM
Ryan Lee
@ChimeraGenetics
·
19h
Support your local retail outlet & micro growers. Feed families, not fill the pockets of corporate investors who never gave a damn about this plant or our culture.
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Jennessa K.
@jennessa_k
· 20h
Just your friendly Thursday reminder to shop local. Support families, don’t fill greedy corporate pockets and pump stock prices.
Sigh.
Matt Lamers ????
@matt_lamers
·
19m
Tilray, Canopy & Hexo have the lowest avg. price of cannabis flower in ???? at $4.40
MARKET SHARE COMPARED TO AVG $/G
Tilray
2Q2020—19%
2Q2021—15%
2Q2022—7.5%
Avg $/g: -33.4%
Canopy
2Q20—14.3%
2Q21—16%
2Q22—7.3%
Avg $/g: -43.5%
Hexo
2Q20—14%
2Q21—10.7%
2Q22—7.2%
Avg $/g: -22.7%
The largest ???? cannabis producers can't compete on quality so they're dropping prices.
CANTOR: "the top 5 Canadian LPs in market share at present have average flower prices below the market average. Organigram is the exception."
"The 'ankle biters' have higher average prices"
?? CANTOR: "...able to confirm our hypothesis that Canadian LPs with above average flower prices per gram are gaining market share compared to companies that are heavily discounting. We infer that ???? consumers are maturing and becoming more attentive to the quality of flower."
It was always about quality and never about scale.
Canada's largest licensed producers, and their financial backers, got it completely wrong. Their thesis on scaled production had more holes in it than a cheese grater.
Result: around $15 billion in losses.
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