Market it going down fast

Discussion in 'Canadian Patients' started by CannaReview, Feb 22, 2018.

  1.  
    bigmanc

    bigmanc Well-Known Member

    1-2weeks ago hearing hard time at 10-11 but yeah things are moving along. Legalization delay plus busts were back at 2+
     
  2.  
    gb123

    gb123 Well-Known Member

    business as usual...

    and you were complaining again why?
     
  3.  
    CannaReview

    CannaReview Well-Known Member

    Its not really, its been 4 months of serious slow down that I or anyone never seen before like this, when I can pick up descent stuff for $500 its not sustainable. Now this guy is big enough to know his market but that's yet to be seen.

    Besides why do you care what the business is like since you state you're only medical and this is a medical forum.
     
  4.  
    gb123

    gb123 Well-Known Member

    what happened 9 years back ? price went to hell...and there wasn't any talk about legal...
    due to your belief?...it's not all about medical. I've said that many many times...
    I like seeing good business do well!:idea:
    I don't like shifty people who do shit business and try and pull the wool over peoples eyes..
     
  5.  
    CannaReview

    CannaReview Well-Known Member

    9 years? Only time prices dropped here was at height off MMAR with the influx of extra weed in the market but it never went below $900 and was for a pretty short time and at the start of US legalization should add back then the product still moved now its not). Now we have glut of ACMPR weed and US weed prices dropping in the west coast. We also were far away from a secondary legal market. The only other time I saw hydrostore have market issues were around 2009 where most municipalities here were doing the 24/28 hour electrical inspections. That pretty much killed the hydro store customer base even worse than now as people were getting No Occupancy notices on their doors and the market tanked.
     
  6.  
    CannaReview

    CannaReview Well-Known Member

    Well houses are going up for sale. Talked to a few people last few days and they're friends have closed down and put the houses up for sale. One guy has 3 houses on his street that had med grows in them and all have for sale sings on the lawns.
     
    bigmanc likes this.
  7.  
    bigmanc

    bigmanc Well-Known Member

    Yup market taking a beating.
     
  8.  
    CannaReview

    CannaReview Well-Known Member

    Lower Mainland hydro stores are fucked atm. The interior like Kelowna is not as bad but I hear 40% less in sales for the last several months and on the coast 50-60% less in sales. Summer doesn't help either as its always a slow down. There are a couple wholesaler that I talk to that are open about their sales and what is happening in the industry and lot of hydro stores are planning to shut down if its like this for the next 4 months or so as sales are fucked. Cannabis advertising being illegal come Oct 18 and dispensaries shutting down where lots of people are selling their weed to now is going to basicly kill off the dubs and trips/quads going down to $800-1000. Which can work as long as the product is moving... but not like now where its barely moving.
     
  9.  
    The Hippy

    The Hippy Well-Known Member

    Gonna be a lot of pissed off consumers when their present go to dispensary ONLY sells LP weed. I predict a backlash from retailers once they realize sales are weak. Some may bring back in the old favorites as a disobedience. Giver boys........REBEL
     
    kingzt and gb123 like this.
  10.  
    gb123

    gb123 Well-Known Member

    i can see stores sayin fuck it t shit weed and selling anything lol
     
  11.  
    GroErr

    GroErr Well-Known Member

    The money will be in packaging ;)
     
    kingzt likes this.

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