Post by
geodcan on Sep 27, 2022 5:01pm
I'm guessing that the 18 month
time frame to revisit getting the stranglehold off of pot skus by the politicians charged with actually doing something to help Canadian LPs to be successful has something to do with this decision.
I don't know who or if anybody has offers on the table for these retail operations, but that should be interesting.
Maybe Tilray or possibly even a US MSO with the strong US greeback and they have shown intentions before although I am not sure why given the demeanor of Canada's law and policy makers in this regard.
Too much good safe pot and potpreneurs in Canada and no way to make a dollar with the political climate with respect to marijuana sales.
Just not ready to give us fair play with beverage alcohol.
Good or bad news? Stockprice will speak the loudest.
Cutting out the costs or retailing outlets probably won't hurt our stable of sku sales.
Maybe we are going to take a run at planting our flag on US soil relying on State Law protection, just like the US MSOs like Acreage Holdings.
Comment by
Coloradobuff on Sep 27, 2022 5:51pm
The stores were a cash burn or they wouldn't do it
Comment by
geodcan on Sep 28, 2022 2:10am
All of the other pot retailers still need good product skus and will very likely continue to buy the better sellers and they can drop the less than stellar lines of skus and save more money.
Comment by
HighTime20 on Sep 27, 2022 5:56pm
Hack and slash. Hope for the US market to open up. It's the De-Klein strategy at work.