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Supreme Cannabis Company Inc. (The) T.FIRE

The Supreme Cannabis Co Inc is a Canada-based company engaged in the production and sale of medical and recreational cannabis. Its portfolio includes products that address recreational, medical, and wellness consumers. Its brands include BlissCo, Truverra, 7ACRES, Sugarleaf, and Hiway.


TSX:FIRE - Post by User

Comment by riskreward1111on Jan 26, 2018 3:59pm
208 Views
Post# 27443940

RE:$6 per gram wholesale is non-competitive with black market

RE:$6 per gram wholesale is non-competitive with black market
newdaydawning wrote: In its recently announced deal with FIRE, NAMASTE committed to 1,000 kilos at $6 per gram. The same quantity on the black market would be priced at $4 or lower. That's a sobering fact about the uphill battle LPs face in competing with criminals. Legalization is supposed to eliminate the black market for weed. Somehow, I don't think that's realistic.


I don't understand how people cannot see the forest for the trees. There will be cheap weed and expensive weed depending on the strains, the packaging, the quality etc. etc.. Seriously it's not about buying weed off your neighbor, it's about quality of product that will sell as it does in a regular market place with everything else.

The choices will give the consumer a mix in variety and the branding will play a huge part in what people buy. Price will be an issue for some but not all. Some shop at Walmart some buy at the corner store and others buy at specialty stores.

The black market will continue to be a supply to some but many will go to stores and buy a mix from the many choices that'll be available.
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