westcoast420
Well-Known Member
This picture of bnnbloombergs cannabis analyst sums it up, he was speachless hahahahaha
Canopy reports larger loss, less revenue, declining margins
- Thread starter westcoast420
- Start date
The Hippy
Well-Known Member
Nobody I know is about to start buying any legal weed or extracts. So I'd imagine the next report will SUCK too.
hahahahahahahahaha
BOYCOTTING is so much fun. For me...so far my track record is pretty decent imo.
1: Never smoked or handled any legal schwagg
2: Never spent any money on legal cannabis anything.
3: Never been in one of their dumps they call stores.
4: Never been in the presence of anyone using legal cannabis.
5: Never been on their schwaggs websites.
6: Never recommended or told anyone to buy legal cannabis
7: Never listened or observed their sales pitches and advertising tactics.
8: Never been on any LP websites
9: Never helped or supported legal cannabis anything.
10:Made sure a lot of folks never need any legal schwaggs.
I'd say I'm a bad bet for these greed bags.
hahahahahahahahaha
BOYCOTTING is so much fun. For me...so far my track record is pretty decent imo.
1: Never smoked or handled any legal schwagg
2: Never spent any money on legal cannabis anything.
3: Never been in one of their dumps they call stores.
4: Never been in the presence of anyone using legal cannabis.
5: Never been on their schwaggs websites.
6: Never recommended or told anyone to buy legal cannabis
7: Never listened or observed their sales pitches and advertising tactics.
8: Never been on any LP websites
9: Never helped or supported legal cannabis anything.
10:Made sure a lot of folks never need any legal schwaggs.
I'd say I'm a bad bet for these greed bags.
GanjaFarmerCoop
Well-Known Member
talk about a blithering NO MIND spouting off WHAT HE THINKS
Its a good laugh every time this fuck opens his mouth
HAS NO CUE and its easily seen but the chick takes it in Iike its means something ll
Just shows HOW MUCH THEY DONT KNOW...but .............................WE DO!
GanjaFarmerCoop
Well-Known Member
Ask me how our business is going while they plummet into obscurity.
I love it when we're right! eh lol
QUAD BREATH
Well-Known Member
... did you figure out the other yet? 
QUAD BREATH
Well-Known Member
think above 
you're a little slow ... i'll give you a little more time
you're a little slow ... i'll give you a little more time
QUAD BREATH
Well-Known Member
waaah, waaah...... relax and pop some caps 
has nothing to do with me
keep reading lol ... i'll catch up with you next week sometime 
don't worry, be happy
has nothing to do with me
keep reading lol
... i'll catch up with you next week sometime don't worry, be happy
OldMedUser
Well-Known Member
Looks good on them!
Finally going to file to grow my meds legally. I have 12g/day and the wife just got signed up for 6g/day so we'll be legal for almost 90 plants. Need a couple of 600W lights to set up the new grow space so hoping mom is going to be generous when I go out to BC next week.
Wife hasn't used pot in 15 years but recently came down with liver cancer and I have her using RSO already with lots of pot to make more.
They have never and will never get a dime of my money. Recently turned 65 so will get a fat raise at the end of this month when my OAS kicks in!
Finally going to file to grow my meds legally. I have 12g/day and the wife just got signed up for 6g/day so we'll be legal for almost 90 plants. Need a couple of 600W lights to set up the new grow space so hoping mom is going to be generous when I go out to BC next week.
Wife hasn't used pot in 15 years but recently came down with liver cancer and I have her using RSO already with lots of pot to make more.
They have never and will never get a dime of my money. Recently turned 65 so will get a fat raise at the end of this month when my OAS kicks in!
OldMedUser
Well-Known Member
Thanks man. We went to the city for her to get a biopsy but they couldn't image it well enough with ultrasound to guide the needle. She has metal rods in her back so she can't have an MRI. Another CAT scan and tri-image ultrasound in March. Meanwhile the cancer grows and they do shit.
eat more oil...as ,much as possible..keep increasing every other day until she is up to a few grams a day...lots of sleep and lots of WATER..... NO SUGAR!!!
IT CAN BE DONE SLOWLY
try not to let it grow...show them you dont need them!
its what this shit does.............. kills tumors .................................doesn't CURE CANCER but it does indeed kill tumors..
I wish you the best Mr..
IT CAN BE DONE SLOWLY
try not to let it grow...show them you dont need them!
its what this shit does.............. kills tumors .................................doesn't CURE CANCER but it does indeed kill tumors..
I wish you the best Mr..
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lol this is some funny shit...to see them loose hundreds of millions will be even funnier lol MORE STORES PLEASE hahahahaha
www.bnnbloomberg.ca
Pot producers implore Ontario to open more stores
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Amanda Pfeffer · CBC News · Posted: Nov 13, 2019 11:14 AM ET | Last Updated: November 13
A 'budtender' helps a customer shop for cannabis on the first morning of opening at Toronto's Hunny Pot, one of the retail stores licensed to sell cannabis in Ontario, on April 1, 2019. (Chris Young/Canadian Press)
Canadian cannabis producers are stepping up pressure on the Ford government to speed up the distribution of retail licences in Ontario as poor sales continue to dog the industry.
"Our ability to continue to invest and sustain the jobs that we have created is being severely challenged by the province's current retail cannabis policy framework," states a letter to the premier from the Cannabis Council of Canada. The letter is signed by the CEOs of eight producers.
"Premier Ford, Ontarians and their families employed in the cannabis sector need your support to create retail points of sale for the products they make."
Ontario is home to nearly half of Canada's 243 licensed cannabis producers, and the lack of retail outlets has already been flagged as one of the most serious challenges facing the burgeoning industry.
Poor sales
Canadian producers are poised this week to release their third-quarters sales figures, and they're expected to be poor as the companies continue to struggle to push product out the door.
There are currently just 24 legal retail outlets open in Ontario, with a 25th set to open soon. Another 42 licences have now been issued, plus 26 granted exclusively to Indigenous communities. By comparison, Alberta, with less than one-third of Ontario's population, has already issued 324 retail licences, 72 of them to Calgary operators alone.
How much longer will the illicit trade continue to thrive because we can't get our act together in Ontario to figure out how to sell cannabis?
Another signatory, Cronos Group Inc., reported this week it failed to reach revenue estimates for the quarter.
Smiths Falls, Ont., producer Canopy Growth, whose CEO also signed the letter, is expected to release its latest sales figures Thursday. In an email to CBC, Canopy vice-president Jordon Sinclair called the sluggish retail rollout in Ontario "the number one headwind facing the industry today."
'Ridiculous' situation
Lanark–Frontenac–Kingston MPP Randy Hillier, whose riding includes Smiths Falls, called the situation "ridiculous."
"How much longer will the illicit trade continue to thrive because we can't get our act together in Ontario to figure out how to sell cannabis," said Hillier, who now sits as an independent.
The province limited store licenses over concern there wouldn't be enough supply, creating a lottery system for prospective retailers. The first two dozen stores opened in the spring, but a second round of openings has become bogged down in court challenges.
In a statement to CBC, Jenessa Crognali, a spokesperson for the Attorney General of Ontario, placed the blame on the federal government's "rush to legalize cannabis without bothering to ensure there was enough legal supply."
Province pulling plug on lottery
Now it's the industry that has a supply problem — a serious oversupply. In response, the province is abandoning its lottery system.
"Our government is working with the [Alcohol and Gaming Commission of Ontario] and Ontario Cannabis Store to return to our original plan to allocate retail store licences based on market demand," Crognali wrote. The revamped retail system will be modelled after Alberta's.
However the current cap on the number of retail stores doesn't expire until July 2020, according to the province, so it will be months before any changes takes effect.
Meanwhile, Alberta continues to hand out five to 10 retail licences every week, according to cannabis analyst Craig Wiggins, managing director of The Cannalysts Inc.
"Alberta is eating our lunch," Wiggins said. He's concerned the whole industry could face massive job losses and plummeting stock prices if producers can't get their product to market.
Hexo 'the canary in the coalmine'
Already, stocks have dropped nearly 60 per cent since March, and Wiggins calls the job cuts at Hexo "the canary in the coalmine."
Wiggins estimates Ontario revenue from pots sales could have reached $510 million by the end of August — instead of $185 million — if it could capture the same per capita sales as Alberta.
That would have generated an additional $51 million in excise and sales taxes for government, he said.
"That's what's frustrating about this," Wiggins said. "Here we are trying to balance budgets, but there's money to be made if we got out of the way and allowed the stores to open."
Cannabis Canada: Canopy Growth and its terrible, horrible, no good, very bad second-quarter - BNN Bloomberg
A lack of consumer interest in cannabis products led Canopy Growth, the world's largest cannabis company, to report $47.9 million in charges.
Pot producers implore Ontario to open more stores
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Amanda Pfeffer · CBC News · Posted: Nov 13, 2019 11:14 AM ET | Last Updated: November 13
A 'budtender' helps a customer shop for cannabis on the first morning of opening at Toronto's Hunny Pot, one of the retail stores licensed to sell cannabis in Ontario, on April 1, 2019. (Chris Young/Canadian Press)
Canadian cannabis producers are stepping up pressure on the Ford government to speed up the distribution of retail licences in Ontario as poor sales continue to dog the industry.
"Our ability to continue to invest and sustain the jobs that we have created is being severely challenged by the province's current retail cannabis policy framework," states a letter to the premier from the Cannabis Council of Canada. The letter is signed by the CEOs of eight producers.
"Premier Ford, Ontarians and their families employed in the cannabis sector need your support to create retail points of sale for the products they make."
Ontario is home to nearly half of Canada's 243 licensed cannabis producers, and the lack of retail outlets has already been flagged as one of the most serious challenges facing the burgeoning industry.
Poor sales
Canadian producers are poised this week to release their third-quarters sales figures, and they're expected to be poor as the companies continue to struggle to push product out the door.
There are currently just 24 legal retail outlets open in Ontario, with a 25th set to open soon. Another 42 licences have now been issued, plus 26 granted exclusively to Indigenous communities. By comparison, Alberta, with less than one-third of Ontario's population, has already issued 324 retail licences, 72 of them to Calgary operators alone.
How much longer will the illicit trade continue to thrive because we can't get our act together in Ontario to figure out how to sell cannabis?
Among the signatories to the Ford letter is the CEO for Hexo Corporation, which hemorrhaged 200 jobs in October, or a quarter of its workforce, and suspended operations at its Niagara plant.
Another signatory, Cronos Group Inc., reported this week it failed to reach revenue estimates for the quarter.
Smiths Falls, Ont., producer Canopy Growth, whose CEO also signed the letter, is expected to release its latest sales figures Thursday. In an email to CBC, Canopy vice-president Jordon Sinclair called the sluggish retail rollout in Ontario "the number one headwind facing the industry today."
'Ridiculous' situation
Lanark–Frontenac–Kingston MPP Randy Hillier, whose riding includes Smiths Falls, called the situation "ridiculous."
"How much longer will the illicit trade continue to thrive because we can't get our act together in Ontario to figure out how to sell cannabis," said Hillier, who now sits as an independent.
The province limited store licenses over concern there wouldn't be enough supply, creating a lottery system for prospective retailers. The first two dozen stores opened in the spring, but a second round of openings has become bogged down in court challenges.
In a statement to CBC, Jenessa Crognali, a spokesperson for the Attorney General of Ontario, placed the blame on the federal government's "rush to legalize cannabis without bothering to ensure there was enough legal supply."
Province pulling plug on lottery
Now it's the industry that has a supply problem — a serious oversupply. In response, the province is abandoning its lottery system.
"Our government is working with the [Alcohol and Gaming Commission of Ontario] and Ontario Cannabis Store to return to our original plan to allocate retail store licences based on market demand," Crognali wrote. The revamped retail system will be modelled after Alberta's.
However the current cap on the number of retail stores doesn't expire until July 2020, according to the province, so it will be months before any changes takes effect.
- Will more legal pot stores snuff out the black market? Probably not, heavy users say
- Hexo's poor outlook could foreshadow bad trip for cannabis industry
Meanwhile, Alberta continues to hand out five to 10 retail licences every week, according to cannabis analyst Craig Wiggins, managing director of The Cannalysts Inc.
"Alberta is eating our lunch," Wiggins said. He's concerned the whole industry could face massive job losses and plummeting stock prices if producers can't get their product to market.
Hexo 'the canary in the coalmine'
Already, stocks have dropped nearly 60 per cent since March, and Wiggins calls the job cuts at Hexo "the canary in the coalmine."
- Hexo cutting 200 jobs as it looks to profitability, 'long-term viability'
- Lawyers for disqualified pot shop applicants say Ontario's process was unfair
Wiggins estimates Ontario revenue from pots sales could have reached $510 million by the end of August — instead of $185 million — if it could capture the same per capita sales as Alberta.
That would have generated an additional $51 million in excise and sales taxes for government, he said.
"That's what's frustrating about this," Wiggins said. "Here we are trying to balance budgets, but there's money to be made if we got out of the way and allowed the stores to open."
"How much longer will the illicit trade continue to thrive because we can't get our act together in Ontario to figure out how to sell cannabis," said Hillier, who now sits as an independent. "
HAHAHAHHAHAAHAHAH now that's awesome to read but we already knew they DONT GET IT lol
THEY CANT HAVE THE PEOPLES PLANT EH!
cheers boycott ears
HAHAHAHHAHAAHAHAH now that's awesome to read but we already knew they DONT GET IT lol
THEY CANT HAVE THE PEOPLES PLANT EH!
cheers boycott ears
The Hippy
Well-Known Member
Just a perfect example of greed bags trying to steal an industry that they never took the time to understand.
They never took into account the culture that already existed. Typical greedy thinking that is now becoming evident as the truth. What they didn't understand is we don't want or need they're corporate greed weed.
We were fine before they tried stealing peoples living to make their own. Some folks don't care for that plan much.
There's a whole bunch of reasons they won't succeed.
Keep on BOYCOTTING....it's frustrating the hell out of them and it's too funny.
They will want direct access to your bank account next to make the schwaggery's actually work...lol
Death watch time Guys and Gals.
They never took into account the culture that already existed. Typical greedy thinking that is now becoming evident as the truth. What they didn't understand is we don't want or need they're corporate greed weed.
We were fine before they tried stealing peoples living to make their own. Some folks don't care for that plan much.
There's a whole bunch of reasons they won't succeed.
Keep on BOYCOTTING....it's frustrating the hell out of them and it's too funny.
They will want direct access to your bank account next to make the schwaggery's actually work...lol
Death watch time Guys and Gals.
westcoast420
Well-Known Member
Looks like the compassion club in victoria was raided by the vic police hired by the LPS or sorry ment the govt. Wouldnt be suprised to see more of this as im sure the lps are crying to the governments to stamp out the black market so people are forced to buy their trash.
www.vicnews.com
UPDATED: Police raid 23-year-old cannabis compassion club in Victoria
Public can expect to see more enforcement from the community safety unit
www.vicnews.com
ChiefRunningPhist
Well-Known Member
What about GWPH, does it keep diving? Can you buy the same ingredients found in Epidiolex from a dispensary?