Canada: Cannabis companies adopt strategies to thrive post-legalization: report
Posted: Sat Apr 06, 2024 5:21 pm
Cannabis companies adopt strategies to thrive post-legalization: report : Canada
Read more here:
https://www.proactiveinvestors.com/comp ... 44696.html
Canadian cannabis companies are looking to capitalize on trends to thrive amid ongoing challenges in achieving market stability post-legalization, according to a new industry report.
The Canadian Cannabis Report, authored by FoxNRTH founder and lead consultant Chris Murray for Prohibition Partners, identified noteworthy trends and potential new opportunities from across the Canadian cannabis market.
Here are some of the report’s key observations.
Unique products or pricing
There is an opportunity for new entrants to capture market share if they have a different approach with pricing or products, Murray wrote in the report.
He pointed to Calgary-based Decibel Cannabis Company Inc. (TSX-V:DB, OTCQB:DBCCF), which has been able to produce low-cost 2.0 products that are in higher demand in the Canadian market despite the company’s limited production capacity.
Read more here:
https://www.proactiveinvestors.com/comp ... 44696.html
Canadian cannabis companies are looking to capitalize on trends to thrive amid ongoing challenges in achieving market stability post-legalization, according to a new industry report.
The Canadian Cannabis Report, authored by FoxNRTH founder and lead consultant Chris Murray for Prohibition Partners, identified noteworthy trends and potential new opportunities from across the Canadian cannabis market.
Here are some of the report’s key observations.
Unique products or pricing
There is an opportunity for new entrants to capture market share if they have a different approach with pricing or products, Murray wrote in the report.
He pointed to Calgary-based Decibel Cannabis Company Inc. (TSX-V:DB, OTCQB:DBCCF), which has been able to produce low-cost 2.0 products that are in higher demand in the Canadian market despite the company’s limited production capacity.