RE:the oils debacle Exactly.
The other metric that those click bait headlines need to hammer home is that at the beginning the stores were
over ordering because they did not know what was going to sell and different jurisdictions and areas sell more of one product than the other. Some prefer dried bud, others oil / gel caps and / or a mix.
Another thing they gloss over is the
lack of actual physical legal stores that are open to serve the customers. People are still getting their product from the balck market because of this.
Also the prices charged in legal stores are higher because govt. taxes, exise stamps and bs red tape and delays.
This failing is on the govt. HC side. Now they just need to get the hell out of the way when edibles and other forms of MJ like topicals, vapes and so on get released to the market later this year.
PrZinvesting wrote: Burns pointed out that it was not just Tweed-branded oils that his retail chain — Nova Cannabis Co. — is having problems selling.
“It’s all oils. To the extent there was any Aurora oils or Organigram oils, they just did not seem to take off in Alberta. There’s a lot more interest in oil and capsules in the Toronto market, based on the one store we have there,” he said.
Some Nova stores have had to discount oil products by as much as 80 per cent in order to sell them, Burns said.
so customers want high THC products and guess what that's exactly what canopy is doing whit 70 % of its latest crop is high THC flowers