FundamentalsLooks like we are getting closer to legal rec, with sector pulling out all the fluff and soon to see trading on fundamentals....with FIRE currently operating at ~10+% capacity the upside potential is second to none. Add the low debt/ burn rate and lowest cost of cost of production in the industry, there is plenty of fuel to move SP north on any material news...there will be plenty over the next 3mos.
We should see last quarter report in 3- 4wks and there has to be more grow area brought on line soon and put under crop to allow for harvest and curing to be ready for legal rec demand.....kind of looks like they are planning for legalization at end of July at the earliest or they would have added more rooms by now?
SP valuations in the sector are going trade like normal, based on fundamentals, and FIRE will catch up to and pass most as the market arrives....if the White Berry is a lower end product, there will be shelf space for FIREweed on most vendor's menu, definitely time to own, JMHO....Opt