RE:RE:RE:RE:RE:RE:RE:RE:what will move thistnyisbad wrote: Put on your reading glasses. I asked to show me where I have not highlighted the truth.
Teeoff01 wrote: Your requested question was how is the market cap justified?
Simply put, run-rate revenue will be >$50 million CAD once the long beach buildout is completed. Valuation metrics tell me that market cap will not equal sales, but rather, a higher multiple of that, and so on that run-rate the multiple that will be applied will make TNY's price much higher than current levels.
There have been no indications that there have been any setbacks to creating this revenue ramp, in fact, quite the contrary,. And the facts speak for themselves, they are selling drinks at backorder on temporary capacity, dispensaries are requesting more and they need to expand sales and marketing staff and production as a result.
I am not even including the potential from co-packing, expansion or partnership agreements, and U.S. federal legalization, so speculation aside, the fundamentals are leading me to believe that they will be generating tens of millions of dollars in revenue on a go-forward basis beginning in 2019 and into 2020.
tnyisbad wrote: You didn't answer the request. What have I written that isn't the truth!
Teeoff01 wrote: 1) Expanded production to accomodate growing demand
2) Backorder at 10% of all dispensaries in California
3) Hiring more sales and marketing staff to keep up with added demand
4) Strong cash and capital management
5) Hiring of Rick Gillis, arguably one of the best hirings of a food and beverage industry executive in a full time position in a cannabis company
6) 15 to 30 million bottles of production capacity next year.
7) T27 rollout and copacking partnerships likely to come when permanent facility is completed.
In summary, whatever capacity they end up having next year with the permanent facility, they will utilize it accordingly and will probably be on a run-rate that exceeds their current market cap by the end of next year.
tnyisbad wrote: Show me where I've not highlighted the truth. Read the latest monthly report posted by Geo. Have you looked at the latest Corp presentation...absolutely nothing new to report. Same presentation for the past year, except a pic of the MULE. 50 million CAP, and nothing but excuses, bottles sitting idle, no plant. Truly a dream team! How can 50 million CAP be justified?
It's hard to prove someone "wrong" when the only thing they say is idiotic conjecture. But their is good reason for Tinley to take the slow and steady approach. The California regs are still being modified, causing Tinley to withhold it's inventory for the time being. Had they went ahead and produced a massive batch, we might have a massive mess on our hands. Jeff says that it should be as easy as slapping a sticker on all the boxes, and also said that the next wave of guidelines could be final. But we don't know that for sure, so until things are sorted out they are at the mercy of regulators.
Look at Lagunitas for example, backed by Heineken, released a drink that tasted like $hit and the THC started binding to the alumninum cans. After wasting valuable time, money and resources, they are back to the drawing board.
As for terretorial expansion, Canada has yet to release any guidelines on what edibles might look like in Canada. Signing any kind of deal before the guidelines are released would be premature.