OTCPK:DJACF - Post by User
Comment by
Gregoriouon May 11, 2018 11:10am
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Post# 28018401
RE:RE:RE:RE:RE:RE:Kelowna store
RE:RE:RE:RE:RE:RE:Kelowna storeThis is a very unrealstic goal for Hiku and Tokyo Smoke Themacguy.
Lululemon has 350 stores approximately after more than 10 years in existence.
If if hiku builds 10-20 stores per year for 10 years thats just fine.
no one would build 50 plus stores out of the gate. its never been done before, and it would be a massively risky capital deployment, and result in something like 800 million plus outstanding shares instantly. these are well designed stores, with espensive lighting, fixtures, and coffee machines, and signage and pretty high rent areas. come on man i expect better from a mac guy :)
if we see a franchise model (which they are doing) , and 10-20 canadian stores per year, and 2-3 us stores per year for the next 5 years that would put us past 100 stores in 5 years. thats a healthy way to do it without bankcrupting the balance sheet.
Medmen, a us juggernaut with a 1 billion plus valuation, has just 12 stores to date.