Nutritional High International Inc. Ordinary Shares SPLID

RE:RE:Very nice open, as expected

[mrmonopoly]

I would agree that the revenue they put up was along expectations, but I think what should be getting attention is their margins. FLI NorCal wasn't operational until mid-quarter, and I think it goes without saying that it probably took several weeks (maybe months) to work out all the operational kinks, and they still put up close to 20%. I was expecting less. I think with a full quarter of FLI Nor Cal fully operational (ie. next quarter earnings) we'll see those margins in the high 20s, which is along the lines of what the biggest LPs are striving for.

I think the next big bull run for the cannabis market will be when these companies actually start posting profits, and this earnings release is a strong sign that they're margins are track to accomplish this goal in the near future.