TSXV:NSP.H - Post by User
Comment by
Rock34on Oct 26, 2016 2:49pm
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Post# 25388994
RE:RE:RE:RE:RE:RE:NSP.V Director Russ Crawford on BNN discussing hemp potentia
RE:RE:RE:RE:RE:RE:NSP.V Director Russ Crawford on BNN discussing hemp potentiaThis would be amazing but is highly unlikely. I dont think NSP has the supply locked down to even meet the demand they are receiving today honestly. Its a big part of what this cash raise is for right now I believe. With $7M in sales through Q2 I would anticipate closing the year in the $12-$15M area while they lock down more supply for 2017.
Thats talking simply about the Paleo brand in South Korea. When they introduce other products into that market they could dublicate those sales depending on the receptivity of the market to things like Hemp Oil, HempOmega, etc.
It goes to show the potential here though....Thats one product and one company that will account for those sales numbers. Wait until there are more added to the portfoliio.
Misbrandt wrote:
I could totally see the company holding back on sales results due to the lacklustre sp response to previous announcements . Saving it all up for a whopping "oh by the way, we sold 21 million for a profit of ~4-5 and now we are quite forward looking profitable" would definitely get us moving.