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Harrys Manufacturing Inc C.HARY

Alternate Symbol(s):  WSRRF

Harrys Manufacturing Inc. is a cigarette company. The Company's principal business is tobacco sales in Canada. It operates as a marketer of tobacco products designed to satisfy the preferences of adult Canadian tobacco consumers who are seeking a Canadian made product at a value price. Its cigarettes are made from leaves of Virginia tobacco without any additives. The Company's wholly owned subsidiary is Harrys International Manufacturing Inc.


CSE:HARY - Post by User

Bullboard Posts
Post by agooberon May 03, 2018 4:02pm
126 Views
Post# 27978955

WST Update

WST Updateconsolidated financial statement for HIMI/WST were filed last week. looking at another 4-6 weeks out for trade resumption. Harry's is a high margin business. selling around 2 containers per month already at $75k gross profit/container. looking at about $2-3 million in annual revenues for first year. looking to scale this up to 6-8 containers at which point annual revs would be around $6-9 million. for now they are focusing on the tobacco side of things as the cannabis side of things is much more complicated due to regulatory landscape. once legalization is attained in canada, they will look to expand into MJ cigarettes which will make the operation that much more profitable (3X multiple). cheers.
Bullboard Posts