RE:RE:motley bullish omg shorts getting nervousrghalifax wrote: Ontario should have authorized it's 1000th store by now....WAY behind....the whole process of legalization is much slower than anticipated and gigantic albatrosses like this company are going to to suffer.The lofty prices were based on spin and now they are scrambling big time.Their BS was based on a best case scenario and even then it was BS...Ontario is a good example of where the industry is....they need 1000 stores 2 years in and they have 100.....big writedown coming tomorrow...GLTA
i don't think lack of stores is affecting sales that much since osc.ca has next day delivery not to mention lower prices. the problem must be that there's more legal weed than the public wants, i don't know anyone who can't get weed, and its harvest time again