RE:All About WellnessI agree that the scale of this announcement is disappointing, but getting their products out the door and into the hands of customers is a very big step for LDS.
They have over 2 million in unsold inventory (Reveur and Strips) at their facility. Until today, that stuff was just gathering dust. With this announcement it seems like they will finally begin moving that product to consumers across the state. Much more than it seemed like they would yesterday, at least.
This is a baby step in terms of revenue, but it is a big step symbolically for the company. Their flagship product is finally on sale and they seem to have a coherent strategy to get it sold (competing on price).
My guess is they are waiting for the final regulations from the California bureau of cannabis control before they do their larger state wide roll out. These regs are expected this month.
Gilbert90 wrote: All about the size of the dispansary, How many stores (1 or 10 or 100) their sales numbers??
Don't take it bad but there is a huge difference between starting to be sold in one little corner store and a supermarket chain. And don't get me wrong. For LDS it is a start and at this poiint any start in selling could be good news.