Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Gaia Grow Corp C.GAIA

Gaia Grow Corp. is a Canada-based hemp producer company. The Company, through its wholly owned subsidiary Tru Extracts (Calgary) Ltd. (TruExtracts), is focused on developing, formulating and commercializing cannabinoid-containing end-user facing products, such as edibles, prerolls and concentrates. TruExtracts Laboratories is a cannabis and hemp processors, with an approximately 12,500 square foot facility in Calgary. The facility is Health Canada licensed and fully operational, with an expansion capability of an additional 16,000 additional square feet. TruExtracts services include toll processing, tetrahydrocannabinol (THC), cannabidiol (CBD) extractions and isolates, as well as white label service and cannabis THC and CBD products.


CSE:GAIA - Post by User

Post by StoneMan45on Mar 01, 2020 9:01am
78 Views
Post# 30752544

just 15%

just 15%

The LDB will apply a 15% mark-up on the landed cost of cannabis distributed throughout the province to public and private retail stores and the LDB’s online store, when cannabis is legalized on October 17. All cannabis retailers, including public stores, will purchase cannabis at a common wholesale price. Retailers will be required to pay the cost of shipping product from the LDB warehouse to their retail outlet.

Retailers can apply any retail mark-up to their product assortment, providing the final retail price is not lower than the wholesale cost.

15% is pretty minimal considering you now are part of a large buying group that will likely have better shipping costs and more buying power. There are a lot of other factors in play that to understand fully you need to read more on how private stores are allocated and know that the Government stores aren't going to 'compete' with price just like the LCBO doesn't compete with price, they all just leave it high. Not an issue as I see it as private stores generally manage to run leaner anyways. 



https://www.bcldbcannabisupdates.com/opportunities/retailers

https://www.bccannabisstores.com/
<< Previous
Bullboard Posts
Next >>