RE:Facebook postI would like to share a post that was published on Facebook. i thought it made much sens, the guy was answering to someone that was deceived by your results (the guy gave me permission to share it with you). I do not know what you expected ? doubled their income? They only exploit a small building of 12000 square feet to cultivate and manage everything, do you know a single company that arrives at these incomes with so little space of culture? It is quite understandable that it will come to limit income with their current growing space. The newly acquired 12,000 square foot building (https://webfiles.thecse.com/investorx/TGIF/1806060927254041.pdf) will make a noticeable difference in the short term for their income. The 67,000 square foot expansion will bring a lot of revenue to AMA in early 2019 and IMO I see as an opportunity to accumulate low-cost shares.
Cannahemp will soon be sold in Colorado, the company that will make the production directly in this state is present in more than 100 dispensary according to their website (https://www.denverdabco.com/locate/), this should bring additional revenue in the short term and the most beautiful, without any expense ! and perhaps even open doors for AMA in that state.
Cannahemp in California has a good start , being present in hundreds of stores is not done in few weeks and if you look at the monthly reports on the CSE website (https://thecse.com/en/ listings / diversified-industries / friday-night-inc) you will see that it adds approx. thirty new customers every month for Cannahemp and new employees each month. (https://webfiles.thecse.com/investorx/TGIF/1802270603377754.pdf)
here is one of their 2 representatives in Cali (https://www.instagram.com/ margarita_mitchell_ /) and she seems very active for Cannahemp, which suggests to me that the future is promising.
Spire? What did you expect ? They closed the purchase on March 2 and have only Benin present for 4 weeks in the last quarter. The contract with a Canadian province is not even included in these revenues, it was closed on April 12 (https://webfiles.thecse.com/investorx/TGIF/1804121015121426.pdf)
IMO this quarter is solid, it comes to prove that they are constant in their sales, that their products are in demand and that the future is promising.