Good, any business that accepts US capital should fail.
One of the things that bugs me at this point, is it’s been like two years coming, and these business are still largely reliant on the USA market. Like if you’re a business owner, and your one major trading region is a dumpster fire, and you just let it burn for two years, what the fuck?
It’s sorta like people who rebuild homes in areas prone to natural disasters like floods / hurricanes etc. You can see the history, you have no reason to think that the trend is going to reverse, you know all your shits gonna get wrecked, but you just keep pretending like it’s all fine.
Yeah, i dont understand this situation…
2 years to prepare, and now they dont even mention TRYING to pivot or find other business. They just throw up their hands and say “we bankrupt”
there’s always articles about fake chinese honey in the canadian market… so clearly there is a market share available domestically for canadian honey take
Digging into it, they started building a direct to consumer when this all started, but they have always been a commercial operation, selling to companies that repackage so they had little ability to pivot quickly.
My first thought was a “leopards ate my face” situation, but reality does point to a legit casualty.
Honeys funny. I worked in an honey factory/ apiary for a few months in grad school (pick blue berries in the morning, lift supers in the hot house late morning/ afternoon). Most honey operations are high distributed. You gotta move your bees to where the flowers are. So operators will drive the hives hundreds, thousands of miles in a season.
Just putting highlighter on how stupid this whole thing is. Like Brexit but dumber. Steve Bannon can suck my farts.
Well, if Carney puts the same tariffs on US honey, that will be a pretty obvious switchover for a California-sized portion of honey.
Then find other global partners who would also like Canadian honey.
Also, Canada refines sugar, but the beets have traditionally been grown in the southern US.
So switch to refining honey instead of sugar beets? That would use up the entire supply rather quickly, even if it didn’t make quite as much profit.
Honey is like 10x the price of sugar though
Not anymore….
If the price of honey dropped that much wouldn’t you just export it?
I’ll take some cheaper than sugar honey…
As a mead enjoyer, don’t suppose you can send it to the UK?
Could do with more honey supply to drive down prices… Its so expensive.
