Why are some Canadian cannabis companies struggling?
The first year or so of legal cannabis in Canada has been a bumpy ride. There is a growing legal industry where there wasn’t one before, but there have also …
who cares that their share value are collapsing . if you don't make a good product then you go bankrupt. and don't cry for them Argentina .theirs always someone else to come along and try their good luck at it . company's are not above us . we all fail at times . we have the power not the suits . over and out.
i don't see your news station going out and asking the people coming out of the stores what the problem with the roll out of leagal cannabis has been . boy would we tell you . wait till you see the roll out of 2.0 .it will be even worse then anything that we seen on oct 2018. this is a train about to crash .
the main problem is the government doesn't listen to the people .if they asked us the buyer of the product and not try to charge 35% to 60% more for it.they say it cost more so it can be safer . i say that's horse poop i've smoked for 35 years and not once have i got moldy bud . why? it's the all powerful greed. no teast no smell no moister.yep they will buy it. they think were all just sheep . it's like they want it to fail .
Black Market is destroying legal weed. The biggest reason I can think of is in the weed stores you can't get "good" weed unless you wanna pay 100 bucks for a quarter. Goto the black market and pay 50 bucks or less for weed that's as good if not better than what the government grows(black market didn't have to drop prices either, nothing changed there as its the same price it was 10 years ago). The government should have known they would have to compete, its business. Honestly, it's easier and more private to go to your "guy" as opposed to walking into a shop with camera's where its no secret to why you're there. If the government doesn't smarten up they are going to lose this competition. They can't win by policing the black market, they couldn't win that fight before legalization and I don't see that changing.
they refused to let the black market growers come above ground so that corporate cronies could try and monopolize everything… but once again pot heads are too smart for the government and beat them at their own game. Why would anyone buy something of less value for a higher price in a store you have to drive perhaps hundreds of km to get to? At least the conservatives didnt write the law, it would be even worse… but then they didnt want to legalize it in the first place because they hate individual freedoms
Government pot is double the price it should be, its a joke. they can go broke I'm fine with that. Pot is legal that's all we needed. 35.00 an eighth is a joke. Try 25 max for a top brand. They did it to themselves. Citizens are fine if the pot industry goes belly up. We will just continue to take care of it ourselves.
Government pot is double the price it should be, its a joke. they can go broke I'm fine with that. Pot is legal that's all we needed. 35.00 an eighth is a joke. Try 25 max for a top brand. They did it to themselves. Citizens are fine if the pot industry goes belly up. We will just continue to take care of it ourselves.
It's not the price difference, its the quality. People don't wana buy something they cannot see, when you open up the opaque container and examine the buds and they are filled with bugs (and they don't accept returns)
Alot of medical users got sick using a product that was sprayed with a chemical sold by one of the LP's in Canada.
People are using this stuff to ingest, you need to grow true food/medical grade fruit. And these LP's don't care about your long term health . The stuff i bought from 7acres tasted like cigarettes and gave me a headache. still have the rest of it sitting around (i wont touch it)
ACTING Under the Colour of The a LAW The Canada Government strong armed Canadians and stole the pot business where is the pardons and compensation for victims
I think they are struggling because like any business it takes business knowledge and expertise. These companies and their investors thought it would be an easy profit but they didn't take into account the regulatory framework of the legal market. It's not easy running any business even if it's pot.
product quality is less than mail order black market stuff, its so dry that rolling a joint becomes difficult and its extremely over priced….legal weed has a long way to go before its up to par.
Let's look at freedland crimes in ukraine…Obama Trudeau, Clintons armed ISIS, Trudeau (via wynne) sold uranium to Iran .quid quo pro to SNC. Canada hypocrisy knows zero bounds…….
LP Weed is for idiots who don't know better to grow their own.
Who needs " sprayed poison" shwag.from ANY GOVERNMENT Regulated LP, when you can grow enough in your back yard?. 4 plants can produce 20 pounds !!!! lol
The Truth = There selling sub par products at premium prices. It's all the greedy cannabis producers fault. Cost out the door to most is about $1.40 per gram. Add federal ($1) and provincial tax and it should NOT be sold for $22.50 a gram on the OCS website. $630 for a ounce while the free market is around $200 is a complete joke ripping people off. Prices were high due to prohibition, it's not the cost of production so keep on lying while forcing people to buy that garbage cannabis using the police which hasn't worked for 80 years.
Whenever government gets involved there are extra costs. They don't do business efficiently. There is a massive administrative cost. This is analogous to the carbon tax. The government says there will be no or very little cost to the tax payer, but that's not true as you will be paying the massive administrative cost with your tax dollars. Again, this shows how inefficient government is in running businesses.
Why is cannabis news only and always about ON. No BC ever? And it's not 10$ a gram lol. Try $20 after taxes for a gram that won't burn your throat. Let LPs/govt buy from Craft. Investors went nutz and was a ponzi scheme. Sorry not sorry. Now the Grey Market is Black Market. Great job Canada. And LPs spray their weed. Allowed up to 32 sprays and nobody has died from black market. Just saying. Can we pls hear some stories about BC. ON isnt the centre of the universe. Guess all the retailers and LPs are lobbying pretty hardcore as EVERYONE is going broke. It's obvious with all the news stories about Ontario. The centre of the Universe lol.
A hint why it's failing: you have suits with 0 experience running these plants. Plants feed off the energy and love. Where's the 💖?
as a medical cannabis patient, all I can add here is this government controlled"INDUSTRY" is over regulated to the point of exuberant prices and a product that doesn't even come close to being medical, or even good for you. All LP's radiate their cannabis, yup that's right, radiation which ruins any medical value. The extracts are watered down garbage, if they are so serious about creating a medical product where is the RSO (Rick Simpson Oil) ?? Get an ACMRP and grow your own medicine, that is what alot of medical patients are doing now, I haven't placed an order to an LP for over a year or so now, simply put anything the government does fails or is bad for you, in this case .. both.
Growing your own or buying from dealers is like trying to make your own booze or buying someone else's homebrew. You can pretend it's better and claim it's cheaper but I'd rather pay a little more for something of quality. Oh, and I'm not a racist and I don't mind paying for doctors and teachers. So, that angle won't work on me.
idc im high and canadian whoop
who cares that their share value are collapsing . if you don't make a good product then you go bankrupt. and don't cry for them Argentina .theirs always someone else to come along and try their good luck at it . company's are not above us . we all fail at times . we have the power not the suits . over and out.
i don't see your news station going out and asking the people coming out of the stores what the problem with the roll out of leagal cannabis has been . boy would we tell you . wait till you see the roll out of 2.0 .it will be even worse then anything that we seen on oct 2018. this is a train about to crash .
the main problem is the government doesn't listen to the people .if they asked us the buyer of the product and not try to charge 35% to 60% more for it.they say it cost more so it can be safer . i say that's horse poop i've smoked for 35 years and not once have i got moldy bud . why? it's the all powerful greed. no teast no smell no moister.yep they will buy it. they think were all just sheep . it's like they want it to fail .
Black Market is destroying legal weed. The biggest reason I can think of is in the weed stores you can't get "good" weed unless you wanna pay 100 bucks for a quarter. Goto the black market and pay 50 bucks or less for weed that's as good if not better than what the government grows(black market didn't have to drop prices either, nothing changed there as its the same price it was 10 years ago). The government should have known they would have to compete, its business. Honestly, it's easier and more private to go to your "guy" as opposed to walking into a shop with camera's where its no secret to why you're there.
If the government doesn't smarten up they are going to lose this competition. They can't win by policing the black market, they couldn't win that fight before legalization and I don't see that changing.
We Canadians love weed!!!!
This is why because lack of weed stores and expensive
Overpriced shity product that's the problem
Get your hair out of your eyes, girl.
Terry be high af😂😂
they refused to let the black market growers come above ground so that corporate cronies could try and monopolize everything… but once again pot heads are too smart for the government and beat them at their own game. Why would anyone buy something of less value for a higher price in a store you have to drive perhaps hundreds of km to get to? At least the conservatives didnt write the law, it would be even worse… but then they didnt want to legalize it in the first place because they hate individual freedoms
Government pot is double the price it should be, its a joke. they can go
broke I'm fine with that. Pot is legal that's all we needed. 35.00 an
eighth is a joke. Try 25 max for a top brand. They did it to themselves.
Citizens are fine if the pot industry goes belly up. We will just
continue to take care of it ourselves.
Government pot is double the price it should be, its a joke. they can go
broke I'm fine with that. Pot is legal that's all we needed. 35.00 an
eighth is a joke. Try 25 max for a top brand. They did it to themselves.
Citizens are fine if the pot industry goes belly up. We will just
continue to take care of it ourselves.
Native stores took over my area no rules
Legal weed that's actually smokable cost $15 a gram and up. Legal weed as low at $4.50.
the business model does not strike a chord with the average pothead
Saying they can produce a better safer product, but growing in Rockwool cubes with chemicals for the extra $peed.
These people really know what they are talking about
It's not the price difference, its the quality.
People don't wana buy something they cannot see, when you open up the opaque container and examine the buds and they are filled with bugs (and they don't accept returns)
Alot of medical users got sick using a product that was sprayed with a chemical sold by one of the LP's in Canada.
People are using this stuff to ingest, you need to grow true food/medical grade fruit. And these LP's don't care about your long term health .
The stuff i bought from 7acres tasted like cigarettes and gave me a headache. still have the rest of it sitting around (i wont touch it)
I can see it looks like they have a few nice buds there!
ACTING Under the Colour of The a LAW
The Canada Government strong armed Canadians and stole the pot business
where is the pardons and compensation for victims
In BC it's hard to buy from the BC government store online Try and find it through a search it's hard.
Smoke weed every day
I think they are struggling because like any business it takes business knowledge and expertise. These companies and their investors thought it would be an easy profit but they didn't take into account the regulatory framework of the legal market. It's not easy running any business even if it's pot.
product quality is less than mail order black market stuff, its so dry that rolling a joint becomes difficult and its extremely over priced….legal weed has a long way to go before its up to par.
Because it's garbage.
Let's look at freedland crimes in ukraine…Obama Trudeau, Clintons armed ISIS, Trudeau (via wynne) sold uranium to Iran .quid quo pro to SNC. Canada hypocrisy knows zero bounds…….
"LEGACY MARKET"
WILL ALWAYS PREVAIL!…
LP Weed is for idiots who don't know better to grow their own.
Who needs " sprayed poison" shwag.from ANY GOVERNMENT Regulated LP, when you can grow enough in your back yard?.
4 plants can produce 20 pounds !!!! lol
Thanks ….TRUDY!
The Truth = There selling sub par products at premium prices. It's all the greedy cannabis producers fault. Cost out the door to most is about $1.40 per gram. Add federal ($1) and provincial tax and it should NOT be sold for $22.50 a gram on the OCS website. $630 for a ounce while the free market is around $200 is a complete joke ripping people off. Prices were high due to prohibition, it's not the cost of production so keep on lying while forcing people to buy that garbage cannabis using the police which hasn't worked for 80 years.
How in all hell does it make sense to win a license through a lottery?
the quality sucks aswell. go with the market don't call it black that's racist
How many legal stores in Ontario allow you touch, smell and look at the product.. NONE.
Growing pains. If it comes from the goblins I mean gubment it must be ok right.
so nice. look awesome.
Whenever government gets involved there are extra costs. They don't do business efficiently. There is a massive administrative cost. This is analogous to the carbon tax. The government says there will be no or very little cost to the tax payer, but that's not true as you will be paying the massive administrative cost with your tax dollars. Again, this shows how inefficient government is in running businesses.
Why is cannabis news only and always about ON. No BC ever? And it's not 10$ a gram lol. Try $20 after taxes for a gram that won't burn your throat. Let LPs/govt buy from Craft. Investors went nutz and was a ponzi scheme. Sorry not sorry. Now the Grey Market is Black Market. Great job Canada. And LPs spray their weed. Allowed up to 32 sprays and nobody has died from black market. Just saying. Can we pls hear some stories about BC. ON isnt the centre of the universe. Guess all the retailers and LPs are lobbying pretty hardcore as EVERYONE is going broke. It's obvious with all the news stories about Ontario. The centre of the Universe lol.
A hint why it's failing: you have suits with 0 experience running these plants. Plants feed off the energy and love. Where's the 💖?
as a medical cannabis patient, all I can add here is this government controlled"INDUSTRY" is over regulated to the point of exuberant prices and a product that doesn't even come close to being medical, or even good for you. All LP's radiate their cannabis, yup that's right, radiation which ruins any medical value. The extracts are watered down garbage, if they are so serious about creating a medical product where is the RSO (Rick Simpson Oil) ?? Get an ACMRP and grow your own medicine, that is what alot of medical patients are doing now, I haven't placed an order to an LP for over a year or so now, simply put anything the government does fails or is bad for you, in this case .. both.
Big government overreach into many asspects of canadian lives. Smothering liberties……
Growing your own or buying from dealers is like trying to make your own booze or buying someone else's homebrew. You can pretend it's better and claim it's cheaper but I'd rather pay a little more for something of quality. Oh, and I'm not a racist and I don't mind paying for doctors and teachers. So, that angle won't work on me.