RE:RE:Some heartwarming numbers from Washington StateABigTimetrader wrote:
That could be the total gross sales for Canada.But remember the grower might get 3,4 5 6 bucks a gram..No prices are yet confirmed.So the net to growers 5 billion say then they have costs of production etc......Not much left at the end if you are not top tier in the industry....
cheaper is better for profits. It creates more buying. Just look at walmart, dollar stores, coffee shops and free apps with ads verses paid ones. Everyone wants stuff cheap but in the long run spend more then anticipated because each individual purchase was so cheap they are more likely to repeat purchases more. Plus it steals more business from competitors. If me and you both spent 1000 bucks on 1000 joints and you sold yours for 3 each but i only sold mine for 2 for less profit. I will sell out and rebuy and sell out again faster then you do. On paper the bigger price looks nice per sale but the cheaper price is going to attract 10x the business making it more profitable in the long run.