Chalice Brands Ltd CHALF

RE:ACB and BMF revenues

[SenorLegume]

Post the two announcements, shares of Aurora Cannabis rose 8% to close at $3.75 on the TSX on Tuesday. Aurora Cannabis currently has a market cap of $1.5 billion, ~83x its trailing 12-month revenue of $18.1 million. And the mighty BMF with 12 million in revenue is worth 5 million. Never mind the rest of GLH. Pretty good eh kids. What do you think Mr. Bean?

Sounds about right. Aurora will have revenues in the hundreds of millions next year with excellent profits on the flagship growing system for all  of Canada. Underglass in a province with no PST, low corportate taxes, energy cost of 1.5 cents/kw, sunniest spot in Canada and so automated the weed practically boards the airplanes itself. All custom built, already funded and almost complete! Then with the shortage of weed and the lead time up to rec, they will be selling enormous amounts of weed and oils. Then a year later the edibles and oils market will open and with all that free cash earned, they wont do a PP deal to start edible lines, they will withdraw from their banks.

Its all about the future. BMF on the other hand was shut down for awhile, had sales dropping and at best has not grown in two years of GLH pretending to own it. Also profits are unknown because the books are not open to shareholders. Considering they have trouble paying their royalty, one has to think, its not so good there. All this in a market that is already in the recreational phase. 1200 plus growers/processors in one single State. Kind of ruins the notion of bigger populations provide higher revenues. More competition and in Washington, competition is driving everyone out of business and they are desparate!
 
Hope that helps, Oddzie but don't tell Rotten Ray.