A good exercise for any real investors in this space I have to admit, I'm a trader that prefer to focus on oversold, undervalued stocks like Aphria in a hot market like cannabis on the eve of legalization. Today.
But true investors in this space should use online tools to determine who the best companies are.
One great way to do due diligence in this sector is to look at mega list of dispensaries on
https://www.leafly.com/finder Although leafly was US centric in the past, they have now expanded into good Canadian coverage.
Here's the "crowd" of dispensaries in the top Canadian cities.
Toronto:
Montreal:
Vancouver:
Calgary:
Although BC is #3 in population in Canada, it seems to be #1 in density of dispensaries. Potcargo is just one of the most popular one right now. It requires no doctors prescriptions and has a long list of genetics / strains to choose from. Most of which are from unknown producers!
As a good due diligence exercise, I'd recommend we review the various online dispensaries in our localities via leafly.com's finder to see:
1. Which Producer's products are making their list of strains available to this openly listed outfits?
2. If we are seeing any price differences on the same strains between LPs. This might be too early but the leading online storefronts will provide us with critical intel on which LPs have the pole position.
Sadly, I find that WEED.TO is last with its inventory in obscure self-branded unknown strains which will be rejected over time in favour of know and well classified genetic strains. Aurora and Apria rate well with their standard strains clearly identified on its own web site.
Unfortunately, on initial glance, non of the producers, have much presence in the real world as defined by #1 rated leafly.com. #2 is likely lift.com ?
Comments?