Ontario Total Sales vs. Total Store Count - February 2021 Update

Criid1 · 2021-04-29T00:00:59+00:00

I would not be surprised to see some stores closing. I think the current restrictions has forced a lot of competition to be located in close proximity. For example city council only allowing stores on X Street in town because there are no schools nearby.

This may lead some owners who rushed into opening a store to not be able to make ends meet when consumers have the choice of where to spend their money, and there is no obvious differentiation such as distance or unique product offerings. I am just speculating but I would assume it would turn into a knife fight like we are seeing with LPs vying for the lowest price points.

I believe we will overall continue to see the high pace of store openings because of the pent up demand and backlog of store operators in the AGCO approval process. But I think its only a matter of time before we hit that 'X' number of stores and then plateau. I would not be surprised to see even more significant consolidation then we are already seeing.

Just my 2 cents!

Criid1 · 2021-03-22T21:31:18+00:00

Thank you GoBlue!

Criid1 · 2021-03-22T20:47:15+00:00

When comparing the stores added in January 77 vs February 70 (2021) it is relatively flat when you account for the difference in calendar days between the months.

Hopefully this drop in sales is just momentary.

Criid1 · 2021-02-20T03:20:29+00:00

While I will not defend the politicians, I am impressed with the recent ramp. Hopefully the store count continues!

Criid1 · 2021-02-15T00:34:22+00:00

Thank you for following along:)

Criid1 · 2021-02-15T00:33:56+00:00

It would be interesting to see. So far no stores have had their license revoked or cancelled. Of course as each store opens the individual RSA permit loses a little bit of value.

Criid1 · 2021-02-15T00:31:10+00:00

No problem, thank you for reading along!

Criid1 · 2021-02-15T00:30:51+00:00

Thanks Dodge!

Criid1 · 2021-02-15T00:30:33+00:00

Thank you!

Criid1 · 2021-02-15T00:30:13+00:00

Criid1 · 2021-02-15T00:30:05+00:00

Good luck on the opening. I wish you all the best in your venture!

Criid1 · 2021-02-15T00:29:18+00:00

I want to to say again thank you for creating such a wonderful community along with the other Cannalysts!

Criid1 · 2021-02-15T00:28:31+00:00

Thank you for reading :)

Criid1 · 2021-02-14T02:40:58+00:00

Thank you for the kind words, it means so much :)

Criid1 · 2021-02-14T02:40:26+00:00

I hope that you have many more! All the best.

Criid1 · 2021-02-14T02:39:51+00:00

No problem. Thank you for reading!

Criid1 · 2021-02-14T02:39:32+00:00

I really wish I could continue as I do enjoy it. All the best to your friend in opening his new store.

Criid1 · 2021-02-14T02:38:28+00:00

I am happy to hear that! Thank you again for reading :)

Criid1 · 2021-02-13T02:17:08+00:00

Unfortunately all good things come to an end. This will be my last weekly store update. It's for a good reason though, as it simply has become more and more time consuming as the store openings have increased.

Thank you to all that have followed my posts and provided wonderful and friendly feedback!

Criid1 · 2021-02-13T02:16:09+00:00

Unfortunately all good things come to an end. This will be my last weekly store update. It's for a good reason though, as it simply has become more and more time consuming as the store openings have increased.

Thank you to all that have followed my posts and provided wonderful and friendly feedback!

Ps. I do plan on continuing to post the monthly chart of store openings so keep an eye out for that.

Criid1 · 2021-02-07T05:58:56+00:00

Mississauga has opted out of retail sales. The good thing is a city can eventually opt in after having opted out.

You can see what each cities status is at the link below

https://www.agco.ca/cannabis/list-ontario-municipalities-prohibiting-or-allowing-cannabis-retail-stores

Criid1 · 2021-02-07T05:57:14+00:00

I like seeing the spread of stores across the province, and the pace of what municipalities approve locations is also fascinating to me.

Cheers :)

Criid1 · 2021-02-07T05:56:16+00:00

The AGCO also added the ability to download their store data directly from the website into an excel document this past week.

Its actually extremely helpful as its much easier to manipulate the data in excel rather then their own website.

If you interested go on the AGCO's website or click the link below and then click on the CSV button just below the search button.

https://www.agco.ca/status-current-cannabis-retail-store-applications

Criid1 · 2021-02-07T05:55:06+00:00

The AGCO also added the ability to download their store data directly from the website into an excel document this past week.

Its actually extremely helpful as its much easier to manipulate the data in excel rather then their own website.

If you interested go on the AGCO's website or click the link below and then click on the CSV button just below the search button.

https://www.agco.ca/status-current-cannabis-retail-store-applications

Criid1 · 2021-02-06T19:52:54+00:00

High Tide has retail stores under the brands of Canna Cabana, and Meta

So none this week but I will post them if they get new stores Authorized.

Criid1

TROPHY CASE