RE:RE:RE:RE:RE:Analyst has concerns on ACB's ability to grow premium flower In my opinion, this is well said, more and more LPs divesting from the Canadian landscape because of the legislation and mass competition on all fronts. The grey market and LP cannabis looks to have floored out and flooded the market over the last month with grey product pricing under LP and massive amounts of product is sitting in storage, there's soooo much cannabis sitting around right now! Anyone else see massive amounts of new native run retail popping up? In BC indigenous bloom just opened up another new retail in Abbotsford just off hwy1, can't wait to see their huge signs pop up all on native land lol. They definitey are not buying LP cannabis either, only time before john Conroys case to keep even non-native grey stores existing permanently too. Cannabis LPs are not where you want to park your money.
brentkostaa wrote:
maritimedreamer wrote: They are a solid AAA Brent with craft pushing up to quad. Reviews of 7acres products have been consistently solid besides moisture content (which has improved as inventory control has improved) and price (which has found a solid price point now). Craft has seen some solid support as their offerings are certainly competitive with some of the best. Although I will admit I have not tried their craft as none out east. I will say 7acres needs to come out with a new strain...they keep stating coming soon buttt.... they are also looking to hire a new master grower so only matter of time until they come in (saw a recent twitter post to support this). In the end their modular design will allow them to pivot any way they wish with little issue as their design certainly has that capability. You cannot deny they grow good cannabis. Not sure about your high expense comment as clearly their op ex has been tightened dramatically and allowed us to be ebdita positive past q with more to come. As the market continues to mature and open up more b&m the orders for supreme will increase.
didnt know about hiring a mastergrower. I dont deny they grow good cannabis. They do. But many many others grow better cannabis. Be careful about only comparing 7acres to other public companies. There are tons of small batch growers now.
Remember. Outside of cannabis investors, nobody knows or cares who Supreme/7acres is. They need strong brand awareness. H&F has not acheived what they were hired to do. You hear time and time again that 7acres is out of stock. That is a huge fail on the sales team. Especially when kincardine is operating at about 20% capacity. No point in having that faciity when they cant sell their weed.