RE:RE:Just checked ontario’s Pot store map. It is showing that You are welcome Prof. It sure is a positive development. Just weeks ago the ontario government announced the closure of all pot stores. What were they trying to do, give us all heart attacks? Now, a near 180 change in the situation has happened. Online sales went to the moon for many different possible reasons, stores were given permission to re-open with curb side pickup and delivery. And now, boat loads of stores are opening. On top of this, high margin 2.0 products are now here.
I just hope that the majority of stores in ontario that are authorized to open, are in fact open. Some people will say that Aphria does not have enough supply for this huge growing market. But, even if that is true, Aphria will be able to sell everything they grow in this environment. Besides, an alternative to not having enough supply, could be having to much supply. If they had to much supply and to much indoor/greenhouse grows, then they would maybe have to do shut downs of facilities, and do layoffs, write downs. Remember folks, outdoor grows are now legal.
On the other hand, a company like canopy has an advantage by having big supply, as they can take advantage of the growing market very well. If the market grows fast enough, then canopy sales will Really go the the moon. I actually do not not own any Aphria, but I will not bash them with fake news because of this. My opinion is that Aphria will do well in the shorter term. Over the longer term, I think they may do well, but I usually can't see the future so i would want to evaluate the company as time passes.
ProfCornelius wrote:
Thanks very much for keeping an eye on the cannabis retail store metrics for Ontario Webswinger. These stories are the difference maker for Aphria the cannabis King of Canada's most populated province. Prof