RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:News IMO,
Thank you for the response, I understand your perspective a lot more and it seems reasonable. I'll certainly mull over the fact that my points came across as regurgitated talking points from management. I apologize for the targeted approach I took, np, everyone is against me here obviously, just trying to help people that dont understand this industry like I do but I wasn't satisfied with the discourse that was happening, and even if it was selfish, I greatly appreciate you taking the time to elaborate on your perspective since it wasn't getting through to me. np.
I agree with most of your points as a reason for concern, but from the other side was focused on expressing how Supreme has attempted to stake their claim and carve out a place (niche, if you will) in the market where they may be less exposed to the growing pains than the 200+ other LPs as you state. Not just growing pains though, this isn't normal growing pains. Imagine govt telling amazon, you can only sell each one of your customers 1 item only per day (1 oz per day limit the govt allows you to buy), and by the way, you have to pay us, 'the feds' stamp tax, provincial tax, muncipal tax, ei, cpp, wcb, etc. and all your black market competitors do not. You also have to have a huge team of people just to get that license you applied for, grower, quality control, person in charge, license holder, responsible person, head of security, etc, and those are mandatory and you have to pay them all. Also, you can't sell recreationally on the internet, you have to only sell rec product to 1 company only whose controlling your margins or wont buy it, and if you want to sell medicinally that license the doctor gives to the client, that same prescription also allows them to grow 500 plants. (Thats a ballpark of 125 lbs every crop).
It's crazy the hurdles. It makes having a LP impossible.
I'm a bit surprised that the point on the difference between black markets and the licensed market wasn't something more agreeable. It very well could be my own experience/bias, but the black market to me has meant an acceptance of the reasonable possibility of all sorts of problems related to the product. If you have good repertoire with your supplier, then you may be able to get poor quality product replaced, but it's always a concern whether not you feel comfortable bringing that up.
I've been a part of a properly licensed, but less professionalized grow operation as well, and almost every single problem is something you'll have to content with throughout the grow, and the black market often doesn't do a great job of handling these issues. Heck, even one of the old growers I knew was recommending a product to everybody that eventually got black listed and removed from stores everywhere locally. Plus, based on CDC analysis, a very high percentage of black market cartridges contained some form of pesticide/herbicide. There is a growing stigma around vaping now, here in the U.S., and I do think this point is important. Nobody is vaping currently because of the oils/cutters that are filling and damaging your lungs, not becuase the black market ones are bad. mct oil, propylene glycol, vegtable oil, etc. Not because pesticides. The oil that is put into cartridges is distilled, therefore for does not have pesticides/herbicides.
Though, I'm also about as cheap as they come when it comes to personal finances, so I also deeply understand that >$300/oz is quite steep compared to a plethora of quality product at lower prices than that. Its not just you thats cheap its the average consumer. Look at the world, the reason walmart does well is because it raced to the bottom dollar, grinded all their suppilers down to pennies and now have the same products as everyone else at a fraction of the cost. The only products I've gotten from clinics that could compete with these black market prices, were of far lower quality than what I've seen, despite the added risk of inconsistency. You could goto a black market disp. that tests their products and problem solved. Theres alot that do and some that do not. I don't think Supreme has at all established themselves well enough to demand such a premium, but I also think that a near majority of people aren't making a final decision based on cost alone I think the masses are. Theres indivuduals that will still buy premium but a way smaller chunk of the pie. Merge this with the amount of rich canadians there are. (I linked a video about Apple in another post.. another company asking a premium with realistically little to offer versus competitors).
I'll be contemplating what you've said for a while, and again, appreciate your willingness to tolerate my long-winded posts. Np I enjoy them you actually have insight, smart and not a waste of time to reply to, just different views. I'm not sure to take the skepticism as a complement or an insult, compliment not insult. but I guess that comes down to whether the points I made have value, which we can only find out in time. I can assure you that I only came here to see what the folks have to say about Supreme, and likely won't have many posts here before I move on. Take with that what skepticism you will, but I apologize if my statements came accross as not my own, or not impactful enough to stand on their own.
Thanks again & best wishes,
-Dubby
DubbyTGF wrote: Thank you for the response, I understand your perspective a lot more and it seems reasonable. I'll certainly mull over the fact that my points came across as regurgitated talking points from management. I apologize for the targeted approach I took, but I wasn't satisfied with the discourse that was happening, and even if it was selfish, I greatly appreciate you taking the time to elaborate on your perspective since it wasn't getting through to me.
I agree with most of your points as a reason for concern, but from the other side was focused on expressing how Supreme has attempted to stake their claim and carve out a place (niche, if you will) in the market where they may be less exposed to the growing pains than the 200+ other LPs as you state.
I'm a bit surprised that the point on the difference between black markets and the licensed market wasn't something more agreeable. It very well could be my own experience/bias, but the black market to me has meant an acceptance of the reasonable possibility of all sorts of problems related to the product. If you have good repertoire with your supplier, then you may be able to get poor quality product replaced, but it's always a concern whether not you feel comfortable bringing that up.
I've been a part of a properly licensed, but less professionalized grow operation as well, and almost every single problem is something you'll have to content with throughout the grow, and the black market often doesn't do a great job of handling these issues. Heck, even one of the old growers I knew was recommending a product to everybody that eventually got black listed and removed from stores everywhere locally. Plus, based on CDC analysis, a very high percentage of black market cartridges contained some form of pesticide/herbicide. There is a growing stigma around vaping now, here in the U.S., and I do think this point is important.
Though, I'm also about as cheap as they come when it comes to personal finances, so I also deeply understand that >$300/oz is quite steep compared to a plethora of quality product at lower prices than that. The only products I've gotten from clinics that could compete with these black market prices, were of far lower quality than what I've seen, despite the added risk of inconsistency. I don't think Supreme has at all established themselves well enough to demand such a premium, but I also think that a near majority of people aren't making a final decision based on cost alone (I linked a video about Apple in another post.. another company asking a premium with realistically little to offer versus competitors).
I'll be contemplating what you've said for a while, and again, appreciate your willingness to tolerate my long-winded posts. I'm not sure to take the skepticism as a complement or an insult, but I guess that comes down to whether the points I made have value, which we can only find out in time. I can assure you that I only came here to see what the folks have to say about Supreme, and likely won't have many posts here before I move on. Take with that what skepticism you will, but I apologize if my statements came accross as not my own, or not impactful enough to stand on their own.
Thanks again & best wishes,
-Dubby