WebSwinger wrote: Ford says he held off on cannabis stores in ontario because of lack of supply. I'm thinking that in the early days, people may have believed that pot companies could produce much more pot than they actually could, This is partly because of being mislead by companies and because the news was saying for so long that we had huge oversupply of cannabis in ontario and canada. These people may have been saying this as an attempt to bash pot stocks. Sure, we definitely had oversupply of some products, but i think they exaggerated, lied and presented facts in a way to deceive the public, or maybe they themselves were confused. Also, the news wants juicy stories. They have often really enjoyed bashing pot stocks in the past.
If they opened ontario pot stores alot earlier, it would have helped canopy with its products that were oversupplied in the early days. But ford and Ontario government might have feared of having loads of pot stores open, that are sold out of most products, except for the less popular products. If this happened, people would bash ford and the government for screwing thing up. They would right articles about how horrible Ford handled it. So, maybe ford did not handle it 100% right, but I dont think he handled it as poorly as some people think. Also, there might have been other things going on. Like maybe the government workers under him were dragging they're feet. That why we need a dictatorship, with Webswinger as king!!!
It does not help when companies are said to have certain huge amounts of supply when lots of that supply is unsellable junk. Anyway, I am not fully sure of what the complete truth is regarding this former situation. But, we can now see that Ontario is becoming full of stores. I wonder if Ontario is still giving out licenses to new LPs. If so, I'm even more glad about the usa market (and other markets) helping us out. Canopy made mistakes too. In the beginning, they had no pre-rolls. Canopy also thought oils would be way more popular in the rec market than they were, so in the beginning they overproduced oils.
Pot companies expanded like crazy with greenhouses, and then the government decided to allow outdoor grows. This is probably part of the reason for green house closures. I remember the big pot companies in canada were not happy about the allowance of outdoor grows. Anyway, McConnell and other republicans have blocked marijuana legalization, but now the Dems are in. Because of the dems getting the senate and the Presidency, most of us are now convinced that legalization will happen soon.
I think the reason that the Democrats won the election is because of the Corona virus. The Corona virus resulted in changing the election process, thus altering who the winner would be. Mail in ballots were allowed for everyone. Democrats knew that "mail in ballot voters" are way more likely to be Democrat. Trump knew this too, which is a reason that he did not want mail in ballots allowed.
The most interesting part is that the virus came from China. So China released a virus to the world which took their enemy out of the Presidency. Some people think it was deliberate. Looks like this stock will have huge upside coming this year. Lots of that upside is probably because of the virus from China which gave dems the presidency. Though the virus can also hurt this stock too. I can't believe the Dems accused Trump of cheating by colluding with Russia. And now the Dems win, as a direct result of China, in front of everybody too. The wrong doers within our world did not want Trump to win because Trump is his own man and doesnt do what others want him to do, and because he blocks many from doing evil within the usa and the world.
GG20200 wrote: If Ford was doing his job, Canopy would of hit $100 long time ago.
If it wasn't for Trump and Mc Condom keeps blocking marijuana legalization... Canopy should be trading at $200-$300 by now.