Dye and Co. are data driven, I would wonder what their analysis reveals. Perhaps Purplebee's produces more products serving lower income customers, those hit hardest by supply chain/rising inflation economics today, impacting distillate products, like vape cartridge's. Lower margins might also contribute to disappointing numbers for Purplebee's.
If prices in Colorado cannabis are down for wholesale and retail, that would indicate that the big players are gaining steam with economies of scale, SHWZ and others like Columbia Care (soon to be Cresco), are starting to squeeze the small mom & pops who can't compete. Yes, Dye will be able to identify great, accretive partners that recognize to merge with dominant, popular brands will be the better alternative than to wait too long and chance going bankrupt.
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