RE:US Pre-roll Cannabis Sector Sory bud I only visit stockhouse when Im at my desk, in my den, quassi retired called freedom 35....
Did you know you will be hard pressed to find a 1g pre-rolled join in America for less than $15 Canadian?
Do you know that you can buy a 4gram pack or redee PRJs for the cost of around $22 Canadian with tax? (wrapped and redee variety)
1 gram @ $15 vs 4 grams at $22 - HMMMMM How in the H E double hockey sticks will HEXO be able to compete with them????
That being said I wonder how much they could charge an American coompany to produce their product in a Redee form? Maybe the best way to make money in this industry is to maximize the value in your existing IPs????
How much product would they have to grow to supply US and compete? Maybe focus the growth of greens in Canada and Europe? We already have a foot in Germany and they most likely will be the first EU country to go legal. They are also an export dependant economy. One who said they would like to try and even some of the lopsided trade out.... Interesting our Canabis for your BMWs....
Keeler wrote: There are literally several hundred existing companies in the U.S. - waiting to expand. Most are smaller operations, in business for just a few years.
The top 3 Sublime ($33 million), Jeeter ($27 million) and Lowell ($26 million) are well established brands with sales nearly matching Redecan's entire annual sales of all products.
You have to be a complete creaton - a tonto if you will - to think that the day after US legalization, Hexo will have it's sales licence to walk into 50 states and take over the pre roll sector. It seems unlikely that Hexo would get such a licence withink 3-4 years.
Hexo pumpatrds are pumping Truss beverages and Redecan pre rolls as the saviours of Hexo - and that's just not reality.
It's now 6:15am in the real Canada and I'm just done my daily dropping the boys off at the swimming hole, and will head to the shower.
Ridingoldliarsrocket is still passed out in bed - dreamimg of stupid things to post today.