They’re playing the long game here. Not just trying to sell as much flower as possible and Funny Dwight Claw Hard Seltzer Beet Shirt call it a day. Trying to change the way people view consumption, and then as global markets open up, plugging the potential popularity of these products into the supply chain of Constellation. If you’re serious I don’t even know where to begin. Monster Energy has a 40 billion dollar market cap. I’m guessing he was referring to THC infused drinks, not just any old’ drink. No federally legal market pouring R&D into drinks yet. Give it some time. I bet if drinks similar to what we have been commonly available in dispensaries in the legal states we would see a large amount of money being brought in by these products.
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The beverages are such a huge chunk of the pie and it’s really puzzling how little this sub understands that. The market cap on agriculture and flower is dwarfed by other methods of Funny Dwight Claw Hard Seltzer Beet Shirt consumption. Flower sales are a red herring. The big money companies are the ones who will dominate elsewhere. I got hired by a headshop turned dispensary as a Budtender, and one of the single most request items to try has been beverages. That means (eventually) these will be the ppl buying cases, rather than cans.
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I found it astonishing not one analyst on the call asked for Funny Dwight Claw Hard Seltzer Beet Shirt metrics or KPIs that Canopy is gathering/using to evaluate their performance in the beverage segment of their business. What’s the cost of 1 can, what’s their current run rate for production? These analysts man. I love the beverages…. it is about time we give alcohol a worthy contender! Once these are available in restaurants etc. It will be a game-changer!