RE:RE:Canopy Financials? So What's Happening?seblord wrote:
ACB, HEXO, WEED, are producing bad quality a a very high cost, this is the problem. The market cannot drop down the price. Have you seen the price of broken cost product ? Crazy. When NRTH will be able to sell extract product a a lower cost than every compagnies, I will order my BMW and buy it cash. In long term I seen 2 scenario : NRTH is bought by a bigger compagnies to make sure price will stay high (just as oil); or NRTH is selling more than every other compagnies, at a lower cost. My only complain : province of quebec will not make edible legal in this province...that s...
Your statement of bad quality is libel , as you have put in in print. Do you have proof? Links? Health Canada reports? Broken Coast has nothing to do with here. Your "scenarios" are off. Problem is , too much supply or overcapacity. LPs cannot sell all they produce financials have shown this time and again as of late. Having first mover advantage seemed to be a good play ; but no country will allow any foreign company to dominate their economy. Yes, NRTH has a great ideal - but with the recent financials of Canopy and TLRY reporting that their sales price per gram has dropped significantly shed a poor light on the entire industry.
Overcapacity is already causing a market flooded with too much product and not enough sales. Dilution in stocks is same as over abundance of supply - it drives the price of product down. With NRTH claiming 25 cents per gram total cost out the door, this model is attractive as opposed to the multi millions others are spending trying to get under 1 dollar per gram .
The right idea - lowest cost per gram of production , highest profit margin.
GLTA
VM