RE:RE:RE:How is Canopy's revenue lower than last quarter. They say DSEEGS wrote: AlwaysHigh wrote:
I just read that CGC's oil/softgel revenue for Q1 was only $0.2 million compared to $36.5 million from the previous quarter. I told you months ago that their oils/softgels were very expensive compared to competitors and that people wouldn't pay that price but you told me I didn't know what I was talking about. Unless they continue to lower their prices of oils/softgels to be more in line with competitors (which they've already started to do), the bloodbath WILL continue. Ignore me if you want, and I'll see you again in 3 months. :-)
Let me get this straight . So you think that from one quarter to the next their sales in soft gels dropped 36.3 million because they are too expensive . try again
No, I think they dropped because there is NO demand for them and dispensaries aren't buying them because they can't even sell the ones they already have. Once again you want to be angry at me for simply telling you the truth. They are TOO expensive! Feel free to disagree/be angry with me but MARK MY WORDS, their pricing for oils/softgels is an issue. I'm a long time medical and recreational user in Canada, I know what I'm talking about...