RE:RE:RE:RE:RE:RE:Clear The TracksI’m not sure this is moving on news speculation more so than just technicals triggered a major reversal in the charts.
It would be totally f’n awesome if John Miller could somehow capitalize on this reversal with news.
I wouldn’t worry too much about financials, revenues will be exciting to see all in itself. I’m sure they will show explosive growth over previous. And with being close to debt free with a low float makes them highly attractive as a takeover target with assets alone never mind current growth over trajected.
With passing time we move closer to approval from Health Canada for edibles and more. THC Kiss is ready to go.
With passing time more dried bud becomes ready for sales. Ontario is coming, it won’t be long until THC has enough inventory to supply them.
2 more dispensaries are opening in Vancouver right away, it’s guaranteed THC BioMed has shelf space with the current BC contract.
This is undervalued even at $2 ...CloneShipper, Seeds R Us. Just the ticker symbol THC sells itself in today’s world!
mikerosoft667 wrote: So I worry that if all we are relying on is financials, that we don't know yet exactly what we're looking at. A few hundred thousand in a quarter isn't the tide that's going to shoot us higher.
That said, the market that's buying today and raising the share price with healthy volume is probably looking further down the road than 1 or 2 quarters.
I'm betting growth expansion will be a catalyst over next few months (or sooner) but I'm also betting we won't hear about it as news (been a criticism of mine for months), but will figure it out as sales revenue $$$ jump by a factor. A frustration with these guys but part of the price u pay for investing here. So I'm thinking she will be steady as she goes. I think as such, the revenue stream will continue to grow, and as such makes investing here at these prices both a solid investment and a bargain.
As for THC Kiss, I'm not invested in that. Bigger fish will hit the market sooner. Having said that, it would be a nice surprise to learn someone bought the rights to it or a JV to develop production and distribution. That would knock share price out of the park.
digger69 wrote: Another possible news we may see, and would also explain the large quantity of Indica gone is supplying the two new dispensaries about to open in Vancouver.
digger69 wrote: Mikerosoft good question. Outside of the expected: THC KISS and further expansion of grow space I really anticipate supplying Ontario very shortly.
I say this in pure speculation.
But I noticed on the medical supply that approximately 2500 or so quarters of Landrace Indica disappeared over a couple days of me not checking inventory.
Early December they restocked medical supply with over 4700 quarters, now less than 300 remain. I speculate they pulled some off the shelves to fulfill another contract.
Or they had a crazy amount of patients sign up and buy it all, but tracking sales it seems more likely to me the first scenario then the second.
They sell lots fast but 2500 quarters in 3 days is a lot, plus new crops drying as we speak!
mikerosoft667 wrote: Digger: what news besides financial would we expect in short term ?
digger69 wrote: Agreed Ezemoney, many barriers to break along the way but as the past has proven this can run fast and hard.
With the right news and momentum we could see new highs, the market is hungry for something juicy particularly with BioMed.
ezemoney wrote: We have a runaway train and I haven't sold a single share.