Corporate Cannabis Struggles While Craft Producers Thrive

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Summary

CANNABIS CULTURE – Financial experts blame price wars with the legacy market, increased competition, and unexpected consumer disinterest in Cannabis 2.0 products for the plummeting stocks of corporate LPs like Aurora and Canopy. This careful approach to growing the best plants possible is what brings interesting products to the market and attracts customers. You can now find legal buds in most provinces for prices you probably paid in someone’s basement as a teenager. Larger LPs seem to be struggling to understand the typical consumer, and it hurts their bottom line. It’s still too expensive, and the quality is just not there. “These LP’s believe cannabis can be grown like all other crops, but they are quickly starting to realize that growing premium quality cannabis isn’t easy on a large sale,” says David Hargreaves of Grump Weed, a craft cannabis producer out of Minnedosa, Manitoba.

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CANNABIS CULTURE – Financial experts blame price wars with the legacy market, increased competition, and unexpected consumer disinterest...

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