RE:66% premium
Do you smoke weed? Have you ever tried a Canopy product vs 7 Acres?
That aside Canopy is a hot mess whereas Supreme scaled down and was legit starring down a repeatable positive EPS scenario. So how do you justify your end comment? Canopy praying for positve EBITDA end 2022 vs Supreme looking at near positive EPS with scalled down operations already in place and no excess stock to write off... In order for my return going forward to be better with Tweed, it would require Supreme to max out their grow space turn a positive EPS have my Supreme SP max out and Supreme tell everyone we do not want to get bigger. We are just going to stay this size.... Our SP at that point would flatline and Tweed would provide something better.
Tweed sucks. Their products are horrible. They sell weed that may have been exposed to or may have had some mold on it (scentless) though it was irrigated or something to kill the spores and in doing so kills the terpenes, trichomes.... They lie about THC content and than try to give a half a ss explanation. They underweigh their products and tell you Health Canada allows for a .5 gram leeway so too bad. That is 15% of your 3.5 gram package. Imagine opening up a case of beer and three not there? The only thing this company has atm is hype, ace valley and maybe Supreme now.... It's all no weed, more likely cocaine experienced investors and traders that think they know so much about everyting because they can calculate fancy algorithms that are driving the Canopy train at this time. If they fail to get Supreme and continue in failing to produce a quality product the 'daily consumer' wants they are done for it. Way too much choice in the market for people to continue burning themselves by buying tweed products.