RE:RE:RE:RE:RE:RE:RE:RE:Only 2M USD? For the quarter?Agreed regarding impressiveness.
AMA & HF facilitities are also leased (rented) buildings.
No doubt 67000 is coming. Critical of their ability to close on the HF acquisition, prior terms into today's market have got to have the HF folks thinking twice.
To get aggressive acquistion wise will require cash or further dilution. As we will not have much cash, if any, after the build, expect further dilution regarding any major near-term future acquisitions or growth plans. Or... wait and grow it organically.
Bob0611 wrote: BaitingBateman wrote: The link was in reference to NevadaPure's faciltiy, it just happened to be a link associated with the GB acquisition of NevadaPure. All GB metrics are irrelevant, including the 28k and 1.m rev's. But yes, GB is a medium fish performing like a small one.
Bob0611 wrote: BaitingBateman wrote: Hello Bobby. Of course I will back up what I've claimed, it is after all my biggest criticism of the boards pumpers. First, some basic math: TGIF 6 month revenue is 5.6cdn or 4.3usd. Nevada 6 month sales was 200 million. 4.3 divided by 200 = 2.15. 2.15 percent of the market. That is TGIFs market share. Decent, yes. Big fish, no. Medium fish, no. Small fish, yes. You want to see a big fish, there you go. https://reefdispensaries.com/press/. With a 165 000 square foot facility in full operation and multiple retail licenses, they are in a league of their own. Now for a medium fish, how about Nevada Pure. https://gbsciences.com/2018/03/28/nevada-pure/. 72 000 square foot facility fully operational. I would welcome your counter claim as to why, with a 9 000 facility and 2% market share, TGIF is anything but a small fish.
Bob0611 wrote: Please show us why we are small fish. Looking forward to the links you will provide.
I do like Oracle's response (RE:RE:BATEMAN march 31 @10:39)
It is difficult to measure Reef so far as they are not listed yet but a 165,000 sq ft facility is quite large. I went on their site and the quote; "it's not all about THC..." made me grimace a bit. As for GBLX, the fins are the following: https://gbsciences.com/sec-filings/
Their cash and cash equivalents at the end of period was 1.5M and their revenue for 9 months, not 6 months but 9 months was 1.6M. and that for a 72,000 sq ft facility??? Actually it's a 28,000 sq ft facility. https://gbsciences.com/inside-our-facility-2/
Makes it a bit easier to digest but nevertheless the fins don't compare to TGIF with a 9000 sq ft facility (so far). Yes I know we sell alcohol and CBD's also. I'll let you do the math for medium fish GBLX.
"Rented" facility....72,000 sq ft nevertheless. If you measure the size of the fish solely by the size of the growing facility then I can't argue. 2.15% of market share with 9000 sq ft is very impressive. When, not if, the building is erected on the land acquired and the extra 67,000 sq ft will be added and an othe 10,000 if the aquisition of Harvest does inded happen. Total then would be 86,000 sq ft of premium flower. I am of the opinion that they will be quite aggressive aquisition wise also. To be fair and honest that is all speculation at this point. Not pumping, simply stating part of Friday Night's plan.