RE:RE:RE:RE:RE:RE:RE:RE:RE:Loading up I think everyone is right here: a) they are at the starting line and there is a lot of optimism to be had AND b) they need to show that they can sign contracts (that bring in actual revenue in exchange for the oil they sell).
However, what I am especially excited about is the thought process on display. They seem to be strategically partnering with companies that are sound financially and have long term capability. This way they can focus on using any money raised to grow their capacity to be able to process more (knowing that their current capacity is locked down and safe with steady long term customers).
Some of the other extractors have ridden the hype to higher stock prices because they announced contracts with the biggest LPs in Canada. However, as vertical integration fails - a lot of these companies (like Canopy) are going to be moving away from growing and they won't have extraction that will be needed to be done. Their revenue that they had signed isn't in the bag anymore.
NL has signed contracts with sole growers to provide their plant material. Now if they can sign smart contracts with companies that simply need to add an oil supply to their products - then NL's sp will have growth with a solid foundation.
Good luck to everyone here.