Naturally Splendid Enterprises Ltd V.NSP.H

RE:What are we waiting for...

[Rock34]

Great recap Spaceman.

I do actually believe that bulk hemp sales are doing great.  From an initial PO in February to a projected $8-$9M in sales to Korea through Q3 is pretty awesome.  Expecially with the increasing margins now.  With that said, we need diversification in this area so we arent relying on just one customer.  

Secondly, lets not forget that we have launched hemp oils with KBH now as well I believe, we havent heard anything about it other then a short mention in the most recent webinar.  So I expect some solid sales from this area going forward as well.  Heck even doing 20% as well as Paleo has done would be significant.

Lastly, the P0S toll processing facility is doing well.  Last I heard there were 4 or 5 clients that had the facility almost at full capacity.  The operation is cash flow positive now and the facility is a small investment away from being the primier CBD processing plan in Canada (which Health Canada is already aware of).  So this area is doing well and has huge upside.

The rest of the items you have listed are certainly on the back burner it seems.  I hope when this permanent placement finally closes we get some solid advancements in these areas.   I expect that some serious news flow is imminent as we have had a dry spell which is very unlike NSP, I think once the PP closes we will get updates on most of the items you have listed.    We shall see.

Either way I think our time is close now to seeing a nice uptick on the chart similar to say EMH or MGW since NSP's business is more robust, diversified and advanced then most of the MMJ plays.  I hope to climb to .75+ quickly and actually stay there!!