Let's put this in perspective shall we
before this announcement canopy was only getting the wholesale margin in Ontario through online sales. Let's be honest, most of the sales before this announcement were going to be online anyway as 40 stores was a joke and would never have been able to supply the market..
After the announcement Canopy is only getting the wholesale margin for 6 months and after that Canopy will get the wholesale and retail margin in about 120-140 of their own stores.
Please tell me again how this is bad news?
Starsearcher, you are coming close to an ignore. You say there wont be a shift/mad rush to cannibis once sales start. What about every other jurisdiction in the US that has legalized rec??? They all had supply shortages to start off and the demand far outpaced predictions. So I'm using real life situations to predict what will happen when Canada legalizes and your using what????.......A crystal ball?.....Tea leaves?...Or are you just making things up to justify your position? Easy for everyone to see what you are.
People don't read a post and take it at face value. Look who the post is coming from and know their position. Dissect the post and apply it to what you know are facts. If it doesn't match up with facts then disregard it and make a mental note of who just tried to manipulate you.
sales of MJ in some US states are outpacing alcohol. In the US MJ is still stigmatized because it is federally illegal and therefore a lot of people still will not partake. In Canada we won't have that issue and more people will try MJ. Snakesearcher is a good call Tim.