this post was submitted on 23 Jul 2023
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Relative to the supply. We smoke a lot of weed as a country, but we also produce a whole lot and export destinations are limited.
Everyone rushing to over-supply the market was not a lack of demand. Legal weed is probably the largest new market in the last 5 years! Saying the company is underperforming because of a lack of demand when people are buying from other companies is such a hollow excuse.
They're over producing because there are way too many producers, each trying to survive longer than all the other speculators. The solution is for most of them to go broke. Yay, free market.