GREY:CVHIF - Post by User
Comment by
ssyringaon Mar 07, 2019 2:55pm
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Post# 29457183
RE:RE:RE:RE:RE:RE:Substantial Revenjr Exit Treatment With Medical Cannabis
RE:RE:RE:RE:RE:RE:Substantial Revenjr Exit Treatment With Medical Cannabis Seems quite good Rock but why is the share price slowly going down?? not bashing just need a explanation.. thks
TheRock077 wrote: Immediate Goals
- We have an immediate goal of $25,000,000 in annual sales from the sales centers
- We believe we can achieve this goal with our current balance sheet
- We have four pathways to achieve that goal:
- Additional acquisitions of small dispensaries
- Deep pipeline of acquisition targets at 0.75 – 2x revenues (3 already made)
- Organic growth post-acquisition/integration
- Expand licensing; Create event-based opportunities; Improve retail store aesthetics
- Focus on increasing per visit revenue by offering additional products and services to existing customers
- Revenues from cannabis sales to addicts
- Greenfield licensing
- An end-to-end vertically integrated strategy to launch several more cannabis businesses (from strain-to-sale) with estimated annualized sales of $10M when fully built
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- CapEx of $2M to build out the businesses
Medium Range Goals
- Management has set a target of $50,000,000 in revenues from the sales center network
- Management has set a target of identifying and penetrating, though acquisition or launch, or a combination thereof, four niche markets
- Addiction market is the first niche
- Other niches are being assessed through the dispensary acquisitions to date