Earnings?
There is no news that seems to move this stock....the only catalyst is earnings next week. What is it that you think they will report that will be good enough to make any difference? Not bashing, I would seriously like to know....they have no real revenues to speak of....even their Elixir spray was reduced in price by 20% which means the launch hasn't exactly been an overwhelming success. The inevitable cost overuns on their build out will impact them and I just don't really see what it is they can report other than the usual forward looking warm n fuzzy cr*p we've been hearing for months. This will be a placeholder until after legalization unless they come forward with something substantive. A million sq ft and cost under a buck/gram is not unique to THCX, it's becoming the norm....ie:EMH has that with Pure Sun farms and an option to retrofit for 5 times that expansion IF needed....I think if you're building from scratch at this stage you will be left behind....the industry is overbuilding much the same way the telco overdid the fiber optic rollout in the dotcomm goldrush. Emerald is playing it smart .