RE:RE:RE:RE:Odd Thanks for the kind words. This is one solid company no question. I use there products myself and they're outstanding. Zena is just about profitable now after all they're construction expenses and in a years time amazing if you ask me. Now going into 2020 they have approx double the retail coming online, double the products if not triple, no more crazy high construction costs and 58 million in cash and cash equivalents. Again not to mention they'll probably announce big news anyday along with positive revenue. They're facilities are enormous and cheap margin at .50per gram to produce which besides outdoor I believe is the best indoor cost per gram in the industry? They keep yielding more pot over and over they're designs. Just crazy positive if you think about it. So they're cost per gram is going to keep decreasing I can see them one day producing at .35 cents and that's not garbage outdoor quality indoor bud. Even at $5 a gram that's insane revenue. One more thing and think about the positive here. Ya they missed there target on packaging output at first. But they were quick to scale up. What does that tell you? It's selling like crazy and they need to push every possible one out!
Zena year is 2020 I truly feel they're going to be the 4th
biggest LP in the world. And with a great balance sheet and only going to improve Q/Q I see them making up to 50 million profit in 2020 maybe more.
versus acb, corn, weed, taking double that in losses. What acb and Canopy have lost in deficit Alone would take 2-3years to pay back don't forget. Zena isn't faced with this problem. They can pay off in full within a year heck half a year. Imagine a weed company that leads in indoor price per gram and has 300 million in assets soon and minimal debt. Generating 40-50 million a quarter and growing? What it worth than? What would you pay for a company making 200 million a year with 300 million in assets. 1 billion would be an insult so there you have it. This is zena by 2020 end in my eyes. Numbers aren't off much according to my knowledge lol. But I'm just a normal guy do your own DD.
Truly think zena will be a serious god in the industry.
Pot was just legalized don't let banks fool you and social media it's been around forever. It's not ever going away that's why the government legalized it to begin with the typical if you can beat them my as well join them.
Weed will strive global sales will surge pot worldwide is getting more and more adopted just like alcohol and tobacco did. You could say they're is an over supply of booze and cigs too lol. But fact is those companies are multi billionaires so let them play they're games I say. I'll just add to my positions from they're hard work ;p
have fun all and never borrow to make money!! Cheers