Hey Nerds: Blockchain
- Thread starter zeke
- Start date
MindzEye
Wayward Ditch Pig
AS you can see CH1 out of boredom, its paying off so far I will just say, I think you make 300-500% on this over the next 60 days. I may be a freak, particularly re: Leafs. But I do know winners from losers in the stock operators game.
Interactive brokers? Woof. Everyone I know is pretty pissed about their login process. Pretty tough stuff for most.
And thanks for having some BeLeaf in me... Appreciate that.
Interactive brokers? Woof. Everyone I know is pretty pissed about their login process. Pretty tough stuff for most.
And thanks for having some BeLeaf in me... Appreciate that.
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MindzEye
Wayward Ditch Pig
No. Game changer that won't save poorly run companies who built out for an industry that never existed, but will now save those who were some combination of competently run and had the foresight to cash up while the the capital markets were puking out huge money at every equity raise out there.
The rumour is 500 licenses. If the government just awards licenses and largely gets out of the way, all 500 will be running by the end of 2020.
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MindzEye
Wayward Ditch Pig
I'm good with it. If Canopy or whoever wants to do their own retail, let them.
Altair
Well-known member
Weed Walmart is going to eat up the mom and pop pot shops.
That said, once Quebec gets its head out of its ass, canada might have a decent weed retail market.
MindzEye
Wayward Ditch Pig
Not necessarily. There's no cap on liquor licenses held by companies in Alberta for example, and there's tons of mom and pop shops to go along with the big chain stores. Shit, Aurora's store in WEM has been pretty universally panned as a low rent apple store knock off. Retail is it's own monster entirely. Where the big boys have the advantage is in the truly high profile, high traffic locations. Mom and Pop can't afford the rent there. But in central Scarborough? Mom and pop will reign supreme.
Quebec's head is probably lodged in it's ass permanently. But with Ontario-BC-Alberta figuring their shit out, that's fine. Not ideal, but fine.
MindzEye
Wayward Ditch Pig
I don't know if I agree bro
- Loblaws is already liquor licensed and I don't see regulations any time soon that will allow cannabis and alcohol retail under the same roof
- Shoppers will be a major player on the pharma/medical end of things (and I fully expect 3.0 products by then) but I doubt we see them as a major recreational retailer. Especially considering how much specialty retail regulation is going to be involved in selling the 2.0 products that will very likely be the majority of the retail market by then
I mean, both are huge companies that could easily scale their own cannabis retail if they wanted to. But I'd assume that a big part of any desire to get into it would be to leverage existing infrastructure (buildings, employees, etc) instead of big CapEx to spin out dedicated retail. I don't think cannabis retail is going to be as simple as a shelf of ganja next to the ibuprofen or across from the pasta.
CH1
The Artist Formerly Known as chiggins.
It’ll be interesting... we’ll see. I included Loblaws because I wasn’t sure everyone here knows they own Shoppers. I think the latter will get into recreational by 2025— it won’t sit next to the Advil — you’ll have to ask the pharmacist for your Purple Kush the way you ask for Tylenol 3 today. I don’t think the physical barrier between pot and the consumer will go away any time soon. Even at hipster Tokyo Smoke, the barrier is there.
As an aside, I also think there’s a decent chance there won’t be much of a distinction between medicinal and recreational in a mature legal framework. You might have a sore back; I’m feeling anxious. There’s relief in a certain strain for both of us.
my biggest concern is can they lower prices sufficiently to stamp out a big chunk of the black market? These government clowns need to borrow a page from Amazon — sell at a loss if necessary to gain long term market share.
As an aside, I also think there’s a decent chance there won’t be much of a distinction between medicinal and recreational in a mature legal framework. You might have a sore back; I’m feeling anxious. There’s relief in a certain strain for both of us.
my biggest concern is can they lower prices sufficiently to stamp out a big chunk of the black market? These government clowns need to borrow a page from Amazon — sell at a loss if necessary to gain long term market share.