Jesse Dhami

126 posts

Jesse Dhami

Jesse Dhami

@jessedhami

President & Co Founder Inspired Cannabis Co

Vancouver, British Columbia Katılım Ekim 2011
660 Takip Edilen144 Takipçiler
Joey Kenward
Joey Kenward@kenwardskorner·
Some personal news I’d like to share with you…
Joey Kenward tweet mediaJoey Kenward tweet media
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Margaret Brodie
Margaret Brodie@MargaretRBrodie·
It is the time of operators in the cannabis sector who demonstrate that consistent execution delivers a brand promise. @RubiconOrganics Q2 2023 results are out. $ROMJ $ROMJF
RubiconOrganics@RubiconOrganics

@RubiconOrganics Q2 23 delivers another record quarter of net revenue of $11.3m, 28% increase YoY, 5th consecutive quarter of AEBITDA positive and 4th consecutive quarter of positive operating cashflow Join us for our Q2 23 results tomorrow AM at 7am PST hubs.ly/Q01_gnKM0

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Jesse Dhami
Jesse Dhami@jessedhami·
@CalyxTrichomes @qnp @CannaStarsPod You don’t see $20m in data fees or you chose to ignore their fees because going against them to too hard given they are too big so better focus on the little independents who are not doing as well as you.
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Jesse Dhami
Jesse Dhami@jessedhami·
@CalyxTrichomes @qnp @CannaStarsPod If you are focused on the LPs why not say anything about them being in the large chains If you focused on the retailers why not recognize that together we can counteract this low margin market play by levelling the playing field. Then they will be force to move up margins
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Calyx + Trichomes
Calyx + Trichomes@CalyxTrichomes·
If your weed is good you shouldn’t need to pay retailers a kickback to sell it.
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Jesse Dhami
Jesse Dhami@jessedhami·
@highlandkw @CalyxTrichomes @qnp @CannaStarsPod Also one of the pub co had $20m in data fees. I don’t hear any criticism or comment towards them but yet again 2 of the top Ontario stores decide to focus their attention on the independents when they are independents. Strength in numbers.
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Highland Cannabis
Highland Cannabis@highlandkw·
@jessedhami @CalyxTrichomes @qnp @CannaStarsPod A few kickbacks on slow moving products isn't going to save you from value chains to extort over 10% margin from the big LP's and subsidize their entire lineup with it selling 25% lower than indi's. It's disingenuous to tell indi's this will save them - we all need to wake up!
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Jesse Dhami
Jesse Dhami@jessedhami·
@highlandkw @CalyxTrichomes @qnp @CannaStarsPod But try increasing your margins when the big chains are running such low margins. It is interesting that the voice against working together is the profitable high volume stores instead of the independent stores who are struggling. Maybe talk to your fellow independent stores.
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Highland Cannabis
Highland Cannabis@highlandkw·
@jessedhami @CalyxTrichomes @qnp @CannaStarsPod Saying kickbacks level the playing field is silly. The big chains use their weight to demand $ just to get on the shelves of X# of stores in their chain. Meanwhile indi's get offered a few $'s on products that aren't moving. We would all be better off if product was just cheaper!
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Jesse Dhami
Jesse Dhami@jessedhami·
@highlandkw @CalyxTrichomes @qnp @CannaStarsPod If products were cheaper unless people increase their margins revenues would be lower. Again you have a very profitable store but what are your solutions for the independents. How do they compete against the chains. As an industry we independents need to work together.
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Jesse Dhami
Jesse Dhami@jessedhami·
@CalyxTrichomes @TokeCannabis Calyx I am actually coming to Lift next week and would appreciate the opportunity to meet and discuss how we as independents can help this industry. Let me know if you would be interested in meeting. Thx
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Calyx + Trichomes
Calyx + Trichomes@CalyxTrichomes·
Other than inducements not being allowed I completely understand why these groups exist: so Rob can pay for therapy and anger management, so LPs can move old inventory and independent retailers can get *something* out of it. I see no problem OTHER THAN REGS in these deals existing.
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Calyx + Trichomes
Calyx + Trichomes@CalyxTrichomes·
If I see you are showing up on the IRCC lists (or any group buying lists) I will assume you need to clear product out and that your sales are bad. Participating in these deals erodes your brands and my confidence in your brand.
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Jesse Dhami
Jesse Dhami@jessedhami·
@CalyxTrichomes @qnp @CannaStarsPod But LPs you carry have a data deal with the large pub co retailers don’t they? And if you carrying the same thing does that mean you selling “trash” also?
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Calyx + Trichomes
Calyx + Trichomes@CalyxTrichomes·
@jessedhami @qnp @CannaStarsPod I’m not a pubco but I carry a mixture of everything (large pubcos and small micros). I put weed that has been in our possession for a month on sale.
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Jesse Dhami
Jesse Dhami@jessedhami·
@CalyxTrichomes @qnp @CannaStarsPod Level the playing field so they can compete at least. You are focused on the LPs side I think rather than the retailer side even though you are a retailer
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Calyx + Trichomes
Calyx + Trichomes@CalyxTrichomes·
Its about LPs moving old weed. I don’t give a shit what other retailers do, if you need to take a kickback that sucks, but that’s your prerogative. I care about brand erosion of the products I do carry and the health of the industry generally. When products show up on those lists they are the bargain bin.
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Jesse Dhami
Jesse Dhami@jessedhami·
@CalyxTrichomes @qnp @CannaStarsPod The health of the industry is that independents are dying and can’t survive. You are good as one of the top stores in Ontario. But not everyone like you. The others can’t keep the doors open which is what the pubco value chains want
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Jesse Dhami
Jesse Dhami@jessedhami·
@CalyxTrichomes @qnp @CannaStarsPod Which is a benefit for all. Not everyone is in your position being one of the top stores in Ontario. Too many are closing because they can’t compete with the low margin chains. And having chains run this industry with select independents is not good for the industry.
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Calyx + Trichomes
Calyx + Trichomes@CalyxTrichomes·
Let’s be clear about the OCS algorithm. It’s inventory that needs to move because it’s overstocked or else risk a bad grade/delisting. Obviously this is a flawed system, but the point still remains, when I see groups on that list, my automatic reaction is…yikes, trouble in paradise.
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Ryan (The Pope of Dope) Roch 🫐
Ryan (The Pope of Dope) Roch 🫐@LakeCityCanna·
Dutchie for the complete and udder fucking fail for 420. Way to go guys.
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Raveena Oberoi
Raveena Oberoi@ravthinks·
JCB in 50+ new stores. Next month. Vision board doing the werkkkkk. (yes, I absolutely am shitting my pants.)
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Jesse Dhami
Jesse Dhami@jessedhami·
Inspired Cannabis Introduces the "House of Brands" at New Vancouver Flagship Store. This past Friday we opened our flagship store on Robson and Burrard. I’m so proud of our team who worked tirelessly over the past two years to bring this vision to life. newswire.ca/news-releases/…
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Jesse Dhami
Jesse Dhami@jessedhami·
@brishnaka @drowbb @DSutton1986 I agree with this. I was mainly referring to the public companies on the CCA list. How much did Eve & Co and Choom raise from the retail investors? Millions and millions. The trust in the industry has been ruined by the executives that ran these companies.
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Brishna Ka
Brishna Ka@brishnaka·
@jessedhami @drowbb @DSutton1986 Not necessarily applicable to small private companies. Many companies are struggling mainly bcz of excise. You have to decide at times whether to pay staff or CRA excise bills.
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drowbb
drowbb@drowbb·
Over half of the CCA filings in Canada in the first 6 months of 2022 were from the cannabis industry. -@DSutton1986
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