RE:RE:15% Price Drop on Flower I believe OCS marks up 70-80% - so the actual drop to ASP to supreme is more like 6%. - which is like 30c from 4.56.
I think it's part of the plan - going to full production - if your going to sell 20-25 mil in flower/q you need the right prices. Plus - the market is what it is.
margins should be good with lowered cost/g.
I had talked to a bunch of smokers - and the only reason fire couldn't be their every day bud was bc the prices were just too much. (Long term)
They are moving to prices that are now close to reasonable for an every day smoke.
I'd still like to see some more bulk offerings though.
their average rec selling prices will probably be good bc of vapes and rosin and craft collective.
bottom line - they are moving with the market and I hope they have quarterly inventory sell through targets - and quarterly revenue targets (20+mil?) which is why they push these promotions, and price drops.