RE:RE:Cannabis Stores in Ontario to Close Down. Sales to Plummet. Also, illicit sales probably crept up in the spring when the damn Ont. govt. locked down the economy once again. And what about Alberta where the market is saturated. Aggregate sales don't decline they just get redistributed to the remaining players. The OCS guy and the reporter did a lousy job.
Rat1Race wrote: "
The head of the Ontario Cannabis Store is warning that the soaring number of pot shops in the province will likely result in so much competition that some will close." duuhhhhhhh
I thought we just went through this. Remember? Peak Starbucks? @franks. If you can't follow along with nice analogies/metaphors at least read the article you're posting.
The illicit market is still hovering at 44% which means there is nothing but upside as that gets chipped away. There is further need and plans for further price compression which is fantastic news for extractors with viable tech.
This articale is literally all good news for us.
Your title sucks. You're all doom and gloom.
Don't risk money you can't afford to lose and you wouldn't be so butt hurt?