RE:🤔😐 Great article!
in Canada there needs to be bankruptcies and consolidation.
there also needs:
1. Better tax structure (which article alludes to)
2. Better marketing rules like alcohol which allow cannabis companies to actually brand products.
3. Removal of quantity limits, I can buy 7,000 beers but only 5 cans of cannabis drinks?
4. An increase in THC limits per can edible as some
people want high THC.
when these happen the Canadian market will be healthier vs illicit. Though trending to do 4.8 billion so definitely approximately 50% legal now.
as for canopy linton and Klein both did foolish things wiping out a 5 billion dollar war chest. That said, if they can get to cash flow neutral they will be one of the survivors