RE:RE:Where are 2.0 products for sale? All of their new 2.0 products have been planned for months if not years. No one is saying it should be done in 24 hours. So there is no need to be facetous. I'm only going on what Benic himself has said in conference calls. Management is the one who said weeks ago, that we can expect Kin Slips to be available next week or two. Management is the ones who put out press releases. What is the point of announcing a product launch if product has not been approved?
It is also not like they didn't know they were going to need skus approved. The actual sku itself is nothing but a barcode, and yeah, anyone with some computer skills can purchase barcode software and make one in an hour. As for getting it approved, well, obviously that takes time, and no one is asking for Rome to be built in a day here. However, it is not like they didn't know this was going to happen. They should have had an application ready to go months ago. It's called making a plan, and executing that plan.
The point is, that their product strategy person is an advisor to the OCS. Surely he has influence and can help with getting things approved. Hopefully that is in the works. The sooner the better.
If they have Vapes available in Alberta store, why not Ontario where they have an advisor to the OCS as part of their team? Is the Alberta process that much faster than Ontario?
Yeah, I know it is a different province, but the point is, that they keep talking about having "2nd mover advantage" and these products have been planned for a very long time. So supposedly they have learnt from others mistakes, and have made applications themselves, and they should know how to get things done. It's Ontario, their own backyard, and they have an inside man at the OCS.
I'm hoping that they have a ton of vapes extracted and packaged and ready to be shipped if all they are waiting on is approval in Ontario. If that is the case, one would think that Alberta would not be out of stock on their vapes. They should be producing the product, warehousing it, and sending it out to whoever needs it.
I'm not just talking about their new 2.0 products either, what about the fact that they have very little flower available on OCS? No need for approval on product that you have already sold and had approved. The point of my post was to ask where are these products being sold? Are Emblem Kin Slips available at Shoppers Drug Mart? I remember Emblem had a deal with them. Are they available at other dispensaries throuhout Canada? Enquiry minds want to know.
I've checked the website for One Plant stores, and see very few SKUs. Aleafia owns part of the company and made the deal over two years ago.
I'm not trying to bash the company. I want the share price to go UP. Again, I'm long this stock to the tune of tens of thousand of shares. Probably more than most on the Board. Look at my previous posts. I have always defended the company, and have been a believer. I am just starting to question my own faith in management due to what I perceive to be possible mismanagement and my own growing impatience. Q3 was a huge disappointment. Seemed like a huge step backward with regards to sales.
Actions speak louder than words, and when I don't see these products for sale in the recreational market, I question Benic and his words during the conference call. Which is why I asked the question as to where the products are being sold that we keep getting press releases about.
I'm a Canadian living in the USA, so I have limited access to what I am able to see in person, which is why I post on this forum to ask those of you who are in Canada to help me out. No need to be facetious.
I'm starting to question my investment thesis and management's ability to produce, which is why I posted, to get the discussion going. Believe me, I want this company to be running on all cylinders and taking market share from the big LP's . That so called, 2nd mover advantage. I don't know how long it takes for approval in Ontario, so enlighten me. I asked where the products are being sold that they have announced. Please advise. Thanks.
The Wiz