Holding Well, here we are again, end of the year, a little older and a little wiser. 7Acres has not made me as wealthy as hoped but I am getting quite a lesson in the way things work in the MJ sector, usually the opposite of what I'm hoping for!
2019 has to be good to 7Acres, full build-out of grow rooms, a product that sells out in a matter of days if not hours, new markets of course would help. Read something about talks with the SAQ Cannabis, would be a very good thing. Also read about how cannabis connoisseur's in Quebec venerate the Jean-Guy strain as the best of all products. Where are they getting it? Grey market of course, hope things will change and 7Acres gets to be a supplier.
2019 should see the 3 biggest markets (Ont, QC, BC) getting there act together, a lot more physical locations and greater access to 7Acres product.
Estimates of revenue for Fire for 2019 vary from 150M to around 200M, we will see in good time what the future holds for this company. Check out BNN interview with JF, numbers and source are shown at one point. Anyway the idea is a much higher share price, hoping Q-2 and Q-3 results get me a Q-7.
Merry Christmas to all.