Emblem Corp EMMBF

Speculation

[rsteve6]

I think somebody is going to buy this guy. Pharma will want to get into this industry and Emblem is probably the best value play with little risk in the sector. Sales increasing rapidly, so rapidly that production can't keep up! Oils licence on the way. 

Lets wait and see

[cressco]

I believe they have staff in place to succeed in this mkt on their own. It will be really tough to project a buyout worth for these guys since nothing has been quantified yet in terms of their oil or pharmaceutical product line and vision. Also to your comment on sales increasingly rapidly, that is a given and to be expected due to a surging number in medical licensed patients and their very

[rsteve6]

I agree, the next catalyst will be an expansion notice. I know that post had no backing, its just a hunch I have, I appologise for the uselessness if that. We need an expansion and a big one.  Any idea how much cash this company has on its pooks? The last reported date was OCT 31, where they showed 1M. That obviously isnt true as the IPO took place DEC 9 and there was further funding in

[cressco]

Based on the updated presentation they have somewhere around 37 million in cash...5 million in mortgage debt.

[rsteve6]

Thanks for answering my questions. I looked into your expansion question to help you out.  "We will commission three new growing rooms in March and a 4th in June." "To pursue this objective Emblem will be deploying significant capital for the construction of the highest possible “closed box” horticultural environment capable of producing the highest quality product, at scale.

[cressco]

Thank you rsteve6, these 4 rooms are part of their phase 1 and 2 medical capacity, which is mentioned in the current presentation. However rest of your quotations appears outdated. Please see the new corporate presentation. If you contact Ali from IR he will email it to you within minutes. Regards

[anmckenn]

its gonna be quality not quantity with these guys. It has been described as the "fine wines" of the industry and they will be able to charge a premium for that. Their pharma is gonna be what is targeted when looking at takeouts and legalization is the runway for M&A activity. News should come soon regarding new phase and she will move fast. Double digits in a day.

[cressco]

Im a big fan of this project in general anmckenn and have zero doubt for the long run. Im just baffled at the math of the current supply and demand situation in the medical market. This is precisely why im assuming that medical expansion is inevitable beyond their phase 2, and they have plenty of capital to pursue this. Regards