RE:RE:RE:RE:Anemic Volume RE:RE:RE:Anemic Volume
They are a small batch producer to control quality, but they have shown their willingness to ramp up the production, so I believe they will, when they show the profits, which will come.
They planned to expand with greenhouse in Ontario ( up to 400,000 sf was mentioned) and bigger building in West Kelowna, neither worked out, but I don't believe that's due to incompetence.
They have ambitions for international sales and have their Good Manufacturing Practice (GMP) certification, to permit exports to the European Union (they had an order from Germany...)
They filed for a U.S. Trademark for use of "THC KISS"
there was even some talk about an Australian connection, and a leaked video about growing in Lesotho.
Then there is still Clone Shipper with a US patent pending (and clone sales suspended due to Covid). Cannasticks, The KISS line up. Proprietary extraction. Own production, etc
what's not to like?
Analyst Sid Rajeev stated: "With the anticipated market recovery from the pandemic, and the growth in edibles/beverage sales, we believe THC is entering a highly conducive market. THC has a sound balance sheet. We believe the company will not need to raise capital this year."
New expansion plans will come, Covid has definitely stalled their sales and profits.