Hi all,

Here another EXCLUSIVE for WeedWeek Pro subscribers:

• Stiiizy’s prices anger competitors

Don’t forget, there won’t be a newsletter this week, but I look forward to catching up with many of you at MJBiz.

Enjoy the holiday!

Alex

In early October, a writer who identified themself as a San Francisco dispensary owner sent an email, “To all cannabis retailers, cultivators and manufacturers.” Their shop, and others they had spoken to, had seen a “noticeable drop” in sales, up to 50%, since the beginning of summer. The writer alleged the drop owed to market leader Stiiizy’s “heavy discounting” of its products, especially at the vertical operator’s own stores.

In a separate email to State Sen. Scott Wiener (D-SF), the shop owner wrote “with vertically integrated companies like Stiiizy using their retail outlets as dumping grounds for near-wholesale-priced products, many independent retailers, manufacturers, and cultivators simply cannot survive.”

Stiiizy president Tak Sato denied the allegations: “The math and the arguments in the letter don’t add up.”

Read the story