Challenges in Canada's cannabis sector
Challenges in Canada's cannabis sector
With Canada’s cannabis sector growing there are still many challenges it’s facing. Author Ben Kaplan shares his analysis.
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bagholders unite!
All the canna shops near my are dominated by the students who are eventually going to be sent home. It’s like a beehive for P@ki$tn. A huge mistake the industry makes is for some reason they and others that promote canna use beleive that all people that consume alcohol do so to get drunk. Nobody drops $60 on a bottle of wine to get drunk. Also people undestimate the amount of people that abhor cannabis.
The comparison of alcohol and canna is a moot point. You smoke it others smell it, it goes in their car windows, the windows of their house, goes into their clothing and makes them stink. No matter what people drink from fizzy water to grape juice, it has zero impact on other people.
I would also think that people prefer the limitless options of the unregulated variety.
Big companies grow crap weed! Grow your own!
High Tide best in sector
The cost of growing a gram outdoors is $0.26. The cost of growing indoors is $0.95 per gram.
If you sell for $15/gram you will go out of business!
Fuck High Tide, they sell data not weed. Also legal alcohol is not the same as legal weed. Two very different markets and consumers. Anyone saying that is clueless.
i only smoke my own weed i grow
Over regulation
80% of the weed is bought by 10% of the smokers 😂😂😂😂
I can not dispute that claim lmao
I recently stopped drinking booze, and switched to THC&CBG drinking this has been a great experience and a healthy change. Price has came down on THC beverage but need to get in line with beer prices 6,12,24 cases. Cheers
i grew weed for over 7 years , its not a hard thing to do, its not rocket science.
over saturated market and companies trying to sell weed for a ridiculous price.
if companies lower the price they will sell more, no one is going to buy weed from a company when they can get it from someone for cheaper or grow it themselves.
if they want people to buy they need to make it so the weed they sell is so cheap that its not worth peoples time to grow it themselves.
it’s fun to grow your own harvest and cure. same with making your own seeds aka breeding ..happy gardening peace ✌️
Support your local producers and distributors and or grow your own. Stop supporting corporate interests and paying government taxes. Do not continue to allow the corporate takeover of the Cannabis industry after nearly a century of the government destroying people’s lives and never offering pardons to everyone who has been charged with Cannabis related activity and still charging people!
Addict nation not good.
No one in Vancouver or the lower mainland really likes dispo weed. Everyone I know smoke grey market
We have enough weed to supply the whole world. Too much supply not enough demand.
Over regulated shit weed from health Canada with no medicinal benefits as the goverment once again bowed to corporations again.
Justin trudeau broke canada
My local shops have great products and the prices are more reasonable than at the beginning of the legalization period. Edibles need less regulation and more variety. I’d also like to see more cbd flower.
I can grow better stuff in my basement. Legal weed is expensive garbage.
I have no idea how this man calls himself an expert. 40% comes from illegal operations? I’d be surprised to learn that more than 20% it purchased through licensed establishments.
Ben Kaplan looks like he’s stoned in this interview 🤣
The only reason it didn’t go well is the dumb dumb who is currently running this country got his hands into it. Everything Trudeau touches falls apart.
*IT WAS TRUDEAU USING ADDICTION TO BECOME PRIME MINISTER. THAT IS WHAT IT REALLY WAS. HE USED YOU AND YOUR ADDICTION, NOW YOU HAVE NO HOME AND JOB THAT DOESNT PAY WELL. JUSTIN AND FORD ARE USERS WHO WILL USE US TO FURTHER THEIR OWN LIVES.*
The only people that should’ve got licenses were the ones that got locked up for growing they were the only ones that you would be doing. Grow your own boys grow your own.
Only a few control it
Organigram 💰
This was a tough lesson for me to learn as a young investor… Never underestimate how government regulation, taxes and red tape can destroy what should be a profitable business. Cannabis will continue to operate underground. A legit business simply has too much overhead and government regulation hanging over them.
legalizing weed should never have been about profit anyway .
$Hiti for the long term, a winning choice in its sector
Daily marijuana use surpassed alcohol, it is big business but the American Fed controls state lines, as of now it’s illegal to transport between states or countries. Investors were betting this law would be repealed so the industry would be ripe for takeover from Parma and liquor companies. It could still happen but there is push back inside the industry from big players who like it as is.
Know your market; smart investors knew they had to get their product down to match street price, or they’d never compete. Short positions abound,
If chretian had legalized weed canada could have owned the american market, instead 20 years later they tried to sell you ounces for 300 any dealer could sell you for 120, then they cut out the headshops and limited the peripheries that could be sold making sterile overpriced stores where you cant even see what your buying in by law. Makes you hope they failed on purpose. O’Canada or Old’ologarchy
I don’t know who’s more stoned, the cannabis users or corporate Canada thinking they can make billions off this.
Over priced garbage …no thank you
Remember this outfit being the biggest pumpers with their pie in the sky predictions and months of speculative reporting.
The Federal Government of Canada’s greed to control, change the quality and tax everything to death has shot them in the foot. They could be making money hand over fist but the weed they control and sell isn’t worth the tag they write the price on.
Long live the legacy market. This guy sounds like a board room chad and brad. No one will buy his book. These corporate salesmen are literal goofballs.
I only buy bud by the oz because they are losing money on an oz.
Over taxation will be the death of the industry
What happens when you give licenses to people that have no idea what they’re doing while locking out everyone that did 🤔
People used to go to trailer park for weed. Rich people think "profits!’ and figure they will cash in. See the falacy? Still no hemp market. No profit in green home builds?
Capitalism is an art created by lazy selfish parasites who’ve got no marketable skills of their own, being a greedy, selfish hoarder is not a skill, its a mental illness. So, you capitalists tried to make a living off cannabis, without investing decades in RELATIONSHIPS with the cannabis user. We don’t trust you, corporate cannabis, you’re flogging genetically modified hemp anyways and youre no better than the oil companies…
Cannabis / Hemp just needs to diversify …. It’s happening …. Keep watching 😶🌫️
The chardonnay mom’s were never going to sip thc rather than drink alcohol and any old pothead off the street could have told you that. As someone who smoked pot off and on since the late 90s I new before legalization that they were expecting licensed businesses to compete with a well established underground market and horticulture enthusiasts. Who’s going to pay hundreds of dollars for a sandwich baggie full of flowers when you can pick them from your backyard? Foolishness and incompetence are understatements when it comes to the Canadian Government’s handling of this transition. It was effective as a harm reduction policy, to keep casual users out of prisons and to provide a less dangerous alternative to alcohol and the opiods that have become so popular. That’s it, you’re never going to beat Biker Joe and his 1000 acres of greenhouses when you’re paying taxes and license fees to move your product to market. This was obvious before it started.
The sector collapsed because it served its purpose; getting Trudeau elected.
Stoners and wine moms did their thing. Amazing how drugs really work.
You can only buy crap pot……waste of money
Should ALLOW for mom and pop shops, farmers markets, seed and clone sales….. Give it to the people like they have in VT and other states.
Scrap everything and let everyone be free!
They treat cannabis as tobbacco and not like alcohol these are reason off the limits of publicity allowed…. I hope they change it but i doubt