GREY:CHOOF - Post by User
Comment by
fruiscante1on Apr 28, 2022 11:58pm
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Post# 34641140
RE:RE:RE:RE:I hope that there will be
RE:RE:RE:RE:I hope that there will be The examples you suggest are not good comparables, as they all produce unique goods. All cannabis retailers have the exact same access to the exact same products, so have no way to differentiate themselves. If you want a parallel then think of grocery stores all selling the same chocolate bars, and the producers make the different chocolate bars - the retailers sell them. ALL of the cannabis retailers are losing money - Fire & Flower just lost $19M in the last 3 months. There's a price war going on, with retailers racing to the bottom to try to get customers from their competitors. Retailers are going out of business weekly, the mom and pops are selling to the big chains as they tank, and the big retailers still can't manage to make money. There will be many bankruptcies in the next six months on the retailer and producer side, then the industry will write size itself in the strong will have survived.