Encouraging day for longsCongrats to longs today. It has been pretty damn ugly over the past few months but I'd say there are real reasons for optimism here.
1. LDS is (finally) back to doing disclosure in the proper fashion - under their own name.
We were told they were doing unorthodox disclosure (via CSPA) because of an issue with their Canadian bank - so it can be assumed that the banking pronblem has been resolved now that they are disclosing under LDS again. Positive newsflow will be a good thing for the share price going forward.
2. LDS delivered meaningful revenue for the second consecutive month. And that revenue is growing.
They did over 1 million in revenue selling while label oils. We were told that the equipment was not functioning for 10 days in October so (fingers crossed) they will be able to grow on that revenue in November. Also, Reveur was only on sale in one dispensary. We should expect to see Reveur for sale in more locations this month - which could help grow revenue further.
And when Reveur is delivered we might actually see disclosure about it because LDS is back to doing disclosure the right way again.
3. This is pure speculation but we have got to be getting close to seeing CannaStrips in a dispensary somewhere at some point. One would think the share price would get a boost once the flagship product is finally available for sale.