OTCPK:DJACF - Post by User
Comment by
Gregoriouon May 10, 2018 9:43am
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Post# 28010584
RE:RE:Another big Canadian bank dips toes in marijuana sector Rea
RE:RE:Another big Canadian bank dips toes in marijuana sector ReaHi Connect the Dot1. Good observation, this concerned me at first glace as well. I believe Hiku is different than your typical dispensary though. Hiku is vertically integrated through its DOJA grow, and its WeedMD acquistion. They may indeed offer the odd outside product, but for the most part they are selling their own cannabis from the looks of things.
in addition to this keep in mind that Tokyo Smoke operates a website and stores selling high end accessories and clothing. The margins here will be better than your typical mom and pop dispensary selling a few papers and vape pens. thats why i keep going back to a company like lululemon for margin comparison. In fact, Lacey Norton, VP of retail for Lululemon, is on the Tokyo Smoke board.