RE:Prices must come down...Yes this is the real reason why sector is in heavy decline. Dont worry supreme is b2b, sure lots of co's flush with pot will be lining up to buy theirs lol. (Latest supply deal announcement?- very quiet) quote=newdaydawning]or there will be heavy inventory write-offs - bad news for every LP!
There is currently more than 260,000 kilos of finished and unfinished inventory of dried flower. That's more than two years of inventory at the current consumption rate of 10K kilos per month.
To its credit, 7acres produces great bud. I believe it could capture greater market share by lowering the price by at least $2 gram.
https://www.bnnbloomberg.ca/dried-cannabis-sales-gain-7-in-may-oil-sales-climb-19-1.1293223[/quote]