TSX:HEXO.W.A - Post by User
Comment by
quinlashon Apr 20, 2021 8:43pm
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Post# 33034409
RE:RE:RE:RE:Bleeding continues
RE:RE:RE:RE:Bleeding continuesI am not expecting the blackmarket to go away without a fight nor go away anytime soon. I am expecting more and more folks will transition away from BM as prices on legal product get more competitive and those looking for drinks and other Cannabis 2.0 products will eventually just buy everything they want in one stop to the local cannabis store.
I also see more and more stores rolling out in Ontario as a strong sign that demand for legal product has yet to be fulled served. Sure, buyers can grab BM for their immediate needs however I douth anyone would be investing a ton of money to open new cannabis stores if they themselves were not confident they were going to have enough buyers coming through the front door.
Link to recent article on Ontario store openings https://condorfarms.com/2021/04/20/ontario-overtakes-alberta-to-lead-canada-in-legal-cannabis-stores/
Select55 wrote: could well be except the home and Black market is still well over 50% of thr market and unless the legal LP get together and irradicate the BM
quebec4ever wrote: quinlash wrote: You must be smoking some good shyte if you think the majority of people looking for cannabis products are going to go through the trouble of growing plants... wow !.. get they stuff tested, it may be laced with something
ROFL
ttundra wrote: Spring approaches and more and more people choose to grow rather than buy as we approach another growing season....Beware shareholders....there is more pain ahead!!
Hexo has over 400 control points on each product......safe,clean and top quality products! It's ok Joe I ll have Hexo lolllll;)