RE:RE:RE:Quarter billion market capAgreed. They are doing the right thing but its based on a need to expand. 3 good NR’s sometimes makes up for 1 bad one. Timing is everything. Two quarters from now, revenues will look better.
They can’t ship their products accross state lines, therefore have to partner up in Cali to produce the product. This will eat into profits but grow their market share. They should be able to ship the packaging for their products, but not the substance.
Bottom line, earnings (profits) eventually rules everything. Many Canadian MJ stocks are in the same position with high Market Caps and very little revenue in comparison, and virtually zero profits (except a few).
sobadatthis wrote: They just got there product in a bunch of dispensaries in california for jan 1st and are expanding to canada. also those sales don't include november or december. they are doing exactly that expanding to different markets it says it right in the most recent news releases.