AGH 0.00% 2.4¢ althea group holdings limited

Managment, page-24

  1. 1,899 Posts.
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    Last I checked AGH has negative margins. It costs them more to sell their product than they make from it.

    The companies closest to profit in Canada are vertically integrated. They grow their own cannabis and formulate their products from it. Downstream only cannot compete when they are paying twice as much for an input. This is especially true in the cannabis market where any successful product is immediately duplicated by all of the big brands. AGH may own 40% of all Cannabis Beverage sales in Canada, but given their revenues this product category is small potatoes. There's a reason the big boys are focused on flower, vapes, pre-rolls, oils and gummies.

    Know what you own and why you own it.
 
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