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Emblem Corp EMMBF

"Emblem Corp is a licensed producer of medical cannabis. It is intended to cultivate and cure cannabis for medicinal use. The group operates in the business segment of production and sale of medical cannabis."


OTCPK:EMMBF - Post by User

Comment by Crosby087on Nov 21, 2018 11:09am
121 Views
Post# 29004634

RE:RE:RE:RE:Did they say?

RE:RE:RE:RE:Did they say?

Good results by EMC, of course market didn’t react accordingly. Nonetheless , if Q4 is higher than Q1-Q3 combined , that should be about $5M on revenue and around $10M for the year ended. Then using minimum $5M as benchmark each quarter, we should be in excess of $20M revenue minimum by FYE Dec 2019. Also keep in mind , Aphria will supply Emblem 25,000 kilos in 2019, and the Germany deal long term will be very profitable. Profit margins are high in Germany. 


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