RE:RE:FROM BNN Aurora was at one time the #1 cultivator by production capacity. Following many facility closures and now running their flagship greenhouse at just 25% capacity, they have decided to focus on premium and rely more on wholesale from other LP's. Supreme at one point was selling wholesale to Aurora - will be interesting to see if, and to what extent, Supreme becomes a benefactor of this shift in the industry.
Picked up a large block of shares on Friday. Figured I'd help take some MMCap's off the market assuming they're still selling.
Cheers
johnale wrote:
"It's quite a substantial number," he said in an interview. "Some of these licensed producers might be thinking they can write it off and buy it from a smaller producer, which might wind up being a higher grade product."
that's supremes wholesale buisness right there. Why they believe they have a stable supply chain for that 4.4mil from last q.
the big 5 have a glut of terrible weed that no one wants. And they can't produce the higher grade products like a supreme can.
The market wants higher grade for the right price.
to me - supreme is the winner here.
spot price went "up" too. Interesting.