Hiku Brands Company Ltd. DJACF

RE:RE:RE:RE:RE:RE:RE:Kelowna store

[DSEEGS]

Gregoriou wrote: This is a very unrealstic goal for Hiku and Tokyo Smoke Themacguy.

Lululemon  has 350 stores approximately after more than 10 years in existence.

If if hiku builds 10-20 stores per year for 10 years thats just fine. 
no one would build 50 plus stores out of the gate. its never been done before, and it would be a massively risky capital deployment, and result in something like 800 million plus outstanding shares instantly. these are well designed stores, with espensive lighting, fixtures, and coffee machines, and signage and pretty high rent areas. come on man i expect better from a mac guy :)

if we see a franchise model (which they are doing) , and 10-20 canadian stores per year, and 2-3 us stores per year for the next 5 years that would put us past 100 stores in 5 years. thats a healthy way to do it without bankcrupting the balance sheet.

Medmen, a us juggernaut with a 1 billion plus valuation, has just 12 stores to date.

great post greg- the MEDMEN STAT WAS SOLID ---

U.S is where i want to see the expansion . MEDMEN store on 5th ave in new york - ***most sought after location in new york city...this store will do 300M a year with full rec --ONE LOCATION - so yes dont try to expand to quickly just pick the BEST LOCATIONS ***this is key to sucess....
SEATTLE IS FABULOUS START -i want to see a location in BOSTON NEXT (imo) . Boston pays some of the highest per gram costs in the world^^^ ...and obviously CALI market is everybodies goal ...

Also ppl can franchise TS so i think this may help with expansion of TS/HIKU BRANDS reach without over extending the companies bottom line..