RE:RE:RE:Namaste seems so oversold and undervalued...LeafRider wrote: Calgary1111 wrote: if Canmart is producing sales numbers then we will be fine.
Don't expect too much from this sales channel. Medical is high-margin, but it's not high-volume. Most patients I know stick with the LPs they have unless they start to fail. I know a few people who have dropped Canopy / Tilray for the smaller options to gain access to better product. Basically Canopy and Tilray cut their medical products and turned them over to retail and the med. patients got bent over.
Also why I see CannMart as a valid option for patients, they get access to multiple LPs product under one single roof! It's basically a top medical option, just too bad they couldn't get turn this into a recreational online store. Then we'd be talking serious revenues. JMHO
Cannmart will eventually be a money maker. Not yet though. Vape sales are the bread and butter. Cannmarts in the UK and Australia down the road would be nice.
One beneift of medical:
1) You can claim money back on medical marijuana
Anybody who decides to just go to a dispensary without a prescription will pay for the cannabis that they use completely out of their own pocket, and that is the end of their story. Here’s a quick guide to marijuana dispensaries. If you decide to go down the medicinal route, when it comes to tax season, you will be able to put reimbursement claims in and get some of your hard-earned money back.
Cost incurred through a cannabis prescription qualifies as a medical expense, so all you need to keep is a collection of the receipts of the cannabis you have purchased from a Licensed Producer.
For somebody who is a daily user of cannabis the amount that you could save over the course of a year is astronomical.