Canopy Growth Corp T.WEED

RE:The Bedrocan mistake continues...

[SquishyInc]

In my opinion this is an indicator that CGC will be pushing for profitability next quarter. Why else would they suddenly start watching their pennies so closely?

brentkosta wrote: Got this from a Bedrocan customer:

Dear Valued Bedrocan Customer, 

As you may know, at Bedrocan Canada we offer a pricing structure called True Compassionate Pricing. That means one competitive price point for all six of our top quality Dutch standardized cannabis varieties. 

When we introduced this program, we did so with the promise that the price you saw when you registered would remain the same for the duration of your medical document, and that's not going to change. 

However, effective today we are writing to inform you that we are adjusting our price per gram for all new registrations, including renewal registrations to $6.75 per gram and $125 per 100ml bottle of oil. We're proud to say that even at these new prices, Bedrocan continues to consistently offer the lowest price and best value of all License Producers in Canada. This price change is effective for all medical documents dated by a physician after September 28, 2016. As a currently registered customer, you will continue to pay $5 per gram and $110 per bottle of bedro-oil for the duration of your current medical document. 

This pricing change is reflective of the evolving costs involved in operating our company. We continue to push for affordability across the industry with ongoing advocacy efforts to remove the sales tax from medical cannabis, something that's been taken as far as the House of Commons and the Task Force on marijuana legalization. We continue to work with the insurance industry and like-minded advocates like Canadians for Fair Access to Medical Marijuana to improve affordability through insurance options. Work like this will continue because we feel an obligation to ensure affordability and we know it is a priority for you. 

You can also expect to see new products in the future. Our oils line-up was an important first step towards broadening your choice at Bedrocan Canada, but we are always working on new innovative ways to provide the best customer experience possible. We continue to work hard to provide affordable strain options from our sister company Tweed in the Bedrocan store, starting with Argyle. 

We truly value you as a client of Bedrocan Canada and thank you for choosing Bedrocan. Our entire team, from Client Care to our production staff, look forward to continuing to provide you with our world class, standardized cannabis products at a fair and compassionate price. 

Sincerely, 

Bedrocan Canada

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Bedrocan continues to be CGC problem child. I smell a spin off as Bedrocan cause more problems and operating costs than it's worth.