RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:NewsImo, This strategy won't work when you have 1 provincial distributor, it's a monopoly in the worst way possible and think about when all the other 200+ LPs get their product to the market as well, it's a race to the bottom dollar as the 1 distributor can price everyone down, and unfortunately even though the high end cannabis is obviously the best for smoking, for selling it unfortunately is the worst. Less people buy it, people are cheap, and the extra overhead to produce a premium product is crippling when your racing to the bottom.
DubbyTGF wrote: I agree that as a business-minded outsider, Supreme has seemed to make smart decisions. The shift away from B2B gives them better opportunities to strengthen their impact and brand inside the storefront while simulatneously shifting away from a weakening vertical that's hurting many in the sector. The build up in inventory also seems like something I would do in their position considering what they expect to start rolling out this year.
"Respect the plant."
It's still a bit early for Supreme, but we certainly need more of this in the cannabis sector;
https://www.youtube.com/watch?v=uOH0B0RhQqk
-Dub