Canopy Growth Corp T.WEED

RE:BNN

[quinlash]

WeeDougieNation wrote: https://www.bnnbloomberg.ca/video/canada-on-the-sidelines-as-us-cannabis-players-figure-out-how-to-go-global-canopy-growth-founder~2788218

Another interview with Linton which is meaningless IMHO considering the guy is out of the Cannabis Game and is likely just trying to get some spotlight, and likely a new job.

Anyhow, regarding Canadian vs US Operators.  Canadian Cannabis Companies are operating in a Fully Legal and open market (Canada) while US Operators are still waiting on Federal Legalization. 

Canadian operators have been forced to streamline due to price compression / over supply to the market etc.  This has resulted in companies cutting back, right-sizing and pushing cost out in order to compete for market share, US operators have been spared this so far due to a lack of competition within the US Marketspace.

Prior to Canada legalizing, and just afterwards, Cannabis companies enjoyed selling product at higher prices which allowed them to work with less than optimal business practices.  This is being corrected now due to competition however we can expect much the same in the US once that market fully opens up.   Cannabis in the US is selling for DRASTICALLY higher prices and again allowing these companies to stay in business despite having less than optimal business practices in place.

It is easy to speculate that, once the US Opens, Canadian Operators will be expanding into the US with their streamlined operations and market-proven products, to go head to head with US Operators that are ill-prepared for real competition on price points and margin compression.

IMHO, Canopy Growth (and other large Canadian operators) are those who are best positioned to capture the bulk of the US market while the US operators are scrambling to do exactly what the Canadians already suffered through, that being to streamline and cut costs out.

Anyhow, that's all I have time for right now.

Enjoy your day

Q