OTCPK:DJACF - Post by User
Comment by
BUYING4MEon Feb 08, 2018 11:57am
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Post# 27527093
RE:Pre-sales inspection
RE:Pre-sales inspectionThe entire play on this is if they can sell premium priced weed as they won't be able to get into a price war or provide mass quantites.
The biggest question mark with HIKU is production size. 5,000 KG isn't very much IMO and they're not even at that level yet
You have stocks like THCX trading for $1 more than this one, and it's already producing, has 1.3 million square feet by the same time HIKU gets to 5000kg and the cheapest production costs in Canada. You also have to look HIP, which IMO is a good comparrison to HIKU as it's a brand play. HIP is closer to $1 and the production facilities are much larger than RIKU at 15,000KG a year vs 5,000. I don't know why a company like HIKU needs Aphria for distribution with such little production. It's great in theory but I'm not sure if it's going to benifit them or hurt them long term