LAST THREE MONTHS SAW CANOPY GROWTH LOSE $374M DURING JUST THE LAST THREE MONTHS.
There have been returns and price reductions to compensate for crappy pot.
Hey Pension Funds invested in Weed there will be losses in stock price no doubt.
There is a backlog of unsold year old marijuana. What they got is old, it is weak, is what I have heard and weak might be their thing even with new grass.
THERE ARE BUILDINGS MADE TO LIVE IN AND GROW MARIJUANA .
1200 SQ FEET OF HOME, 1200 OF GROW SHOP HAVE BEEN SOLD IN A LOCAL WAREHOUSE ZONE. I am sure one of these operated by one + some help trimming and transplanting would be able to make money the $2.69 gram price organically arrived at at free market results or luxuriate in $3 or $4. This would allow the dollar a gram Federal Excise Tax to be added +BCLC profit. $2.69 + $1 + $.55 BCLC 15% Gst and Pst. on $8 sales price $1 for a $9 per gram sale price.
Would people pay another dollar or two per gram for spectacular? Probably.
Proper processing of all of the Marijuana plant for hash and salves and inventory control for freshness will always be essential.
CORPERATE PROFIT CENTERS AND HIGH PAID EXECUTIVES JUST GOT TO GO AND THE MONEY LOSING DEBACLE SHOULD BE PROSECUTED ON BEHALF OF INVESTORS WHO LOSE THE MONEY DEFINITELY NOT TO BE PAID FOR BY CONSUMERS
