RE:RE:RE:Gonna be at $10 again in no time...“And prospects are marginal for revenue growth”...???? Are you dumb? This is an ignorant statement.
Here are the 2017 revenues for the companies that they acquired this year:
-River: $25.4M USD
-Alta: $6.5M USD
-Kaya: $8M USD
-FloraCal: $6.4M USD
-180 Smoke: $7.8M CAD
Total USD: $46.3M
Converted to CAD and add in 180 Smoke: ~$69.2M
That works out to quarterly revenue of $17.3M CAD.
AND REMEMBER...these are 2017 figures. Surely each of these companies have experienced organic growth year-over-year.
Bluechip2, you have no idea what you are talking about.
Bluechip2 wrote: 'No one is in as good of shape of these guys.' Okay Napoleon, that must have taken you a long time to analyse all the other companies to make a statement like that. So MMEN must be number two then? They are a house of cards, run by a couple of kids, overspending on retail stores and completely self indulgent with their share structures. OH are losing money, have low revenue and prospects are marginal for revenue growth. I hope they do succeed, but to grow their market cap as you suggest, they will have to come up with a better plan, this is not Canada and profits are going to determine the winners in California. Good luck.