RE:RE:RE:RE:New Stores In my opinion, Adding more stores in a already saturated market place helps you.. how? The reason for people continuing use through the black market is solely because of price and not ease of access. Price will never compete because of 3 layers of taxation and the cannabis stamp you need on every package. Let alone the 6 figure incomes of your higher management, lawyers, tsx fees, sop's, and all the other parts black market doesn't need to deal with.
Go0B3r wrote: Yes, and legal retail was 0% not long ago...
watchmeplz wrote: In my opinion, it's more than fully saturated. It's saturated by the competition on the black market. The LP space is maybe 30%-40% at most of the total pie in Canada.
Go0B3r wrote: 28million plus canadians that are under served(75%). We've barely touched the potential of the Cannabis industry.
Canadian cannabis retail store count (as of June 18):
Canada - 949 Population - 37.59mm
B.C. - 194 (75 "Coming Soon") 5.07mm
Alberta - 476 4.37mm
Saskatchewan - 44 1.17mm
Manitoba - 30 1.36mm
Ontario - 92 (423 "In Progress") 14.47mm
Quebec - 42 8.49mm
Nova Scotia -12 0.97
New Brunswick - 20 0.78
P.E.I. - 4 0.20
Newfoundland - 25 0.52 Yukon - 5
NWT - 5
johnale wrote: From David George-COSH
Canadian cannabis retail store count (as of June 18):
Canada - 949
B.C. - 194 (75 "Coming Soon")
Alberta - 476
Saskatchewan - 44
Manitoba - 30
Ontario - 92 (423 "In Progress")
Quebec - 42
Nova Scotia -12
New Brunswick - 20
P.E.I. - 4
Newfoundland - 25
Yukon - 5
NWT - 5
92 stores in Ontario now and fire was in every single new store in Toronto. 423 coming!!!!
this is insane potential - and with the available inventory to service this huge growth in stores and a sales team able to penetrate - I expect huge rec sales revenues from fire.....