RE:Help me answer this questionJohnnCash wrote: I had friends interested in N ask me numerous questions but what I couldn't answer was, "why don't these lps sell their products on their own site? What's stopping them? What's in it for them?"
The LPs ARE selling their products off their website currently, but the key point to note is that they're only able to sell their own products. Why would Aurora or Aphria want to sell Canopy's products through their distribution channel? As consumers, we want the convenience of being able to browse and select multiple strains of cannabis through multiple LPs. Namaste offers these LPs a larger distribution channel and these LPs in return provide whole sale pricing to Namaste. The LPs will take a smaller profit per gram to be on Namaste's ecommerce platform where they can offer multiple strains to patients. Ultimately, Namaste wants to be the go-to platform for cannabis users to purchase marijuana. I hate to consistenly make this comparison, but look at Amazon. I'm sure you can buy many of the proucts listed on their website directly from the manufacturer's, but many of us won't. We want selection, convenience and pricing which is what Namaste is looking to achieve. Once they lock up more supply agreements, I honestly don't see why patients would go to Aurora/Canopy/Aprhria's or any other LPs website when they can view all their products through Cannmart.