RE:RE:RE:RE:RE:RE:NEWSThey are different business platforms Nuke, FIRE unlike WEED is a B2B and isn't, and hasn't been, competing for market share in the med market to date.
FIRE has been cashed up for the completion of the facility expansion for a couple of years...today much of the overall construction has been completed which will allow them to bring the remaining ~250,000ft2 online and under crop over the next 5mos....like the agreement today, most are for supply of product over a 12mo period, of which they will be fully complete with the ~320,000ft2 facility construction and well ahead of needing to meet all previously agreements....and they will not incur additional debt, while generating substantial, increasing revenues.
FIRE is not waiting on anyone to come back from anywhere....they are waiting for the rec MJ market/ Oct 17th and have been for the last 3yrs. At the rate this is looking to unfold, as any/ all vendors try to nail down supply for Oct 17th and beyond, SP could be $4-$5 when many return from holidays!! lol....anybody in the investment business will be up to date with this sector everyday no matter where they are at or they won't be in business for long., JMHO....Opt
NukeLaLoosh1 wrote: Ive come to learn that reality is in the eye of the beholder and no one ever accused me of being a lightening bolt....although I may surprise you.
so while you can’t pick your price, you claim that weed is bleeding vs fire and growing. Reality and fact is, weed may have posted losses but they just acquired a fire competitor and are growing their business hand over fist. They’re beyond one trick pony status and have diversified both product and location and capacity in meaningful ways. They have also won is every jurisdiction that fire has with deals orders of magnitude higher in supply. They have even won where fire has not. They have also won the constellation brand investment stake. Are they bloated and valued beyond belief, yes....but if someone where to acquire them now, they’re paying a premium on $38. And while I may be slow, it may just be that in order to support this massive expansion of both business and footprint, it may just cost a few sheckles. Just spit balling though.
fire just announced doubling of capacity in a time frame that is frankly embarrassing. These rooms ought to have done months ago with the whole damn place done by now. They also took a measly 10%stake in an oil outfit whereas weed paid a few million more for full ownership of their Africa oil outfit. Show me how fire is expanding their product base beyond just lip service. You can’t. And proof is currently in the pudding...if we got taken out right now, we’re getting HIKU price.....pathetic.
fire has a lot going for it right now, but let’s not romanticize where weed and fire are at. Big money returns out of weed are apparently long gone, only until Molson buys them say.
Whereas we’re still stuck @1.60 hoping for institutional investors to come back from a summer holiday they were never on. I’m holding out hoping for some decent gains in fire, but at this point weed is an investment whereas fire is a gamble even with all of the recent activity since of that ain’t moving the price, I’m not sure what will. Do you?
imo...
Fastlane2 wrote: NukeLaLoosh are you dealing with reality or just a little slow, you can't pick your stock price, you either pick bleeding Canopy now at $38 or FIRE at $1.60 and growing. " I'll take WEED if I got in at $2.00 or like others at $10, $15, $20, $25." ** LMFAO. The question is IF.