RE:"Cannabis Sector News & Due Diligence" on FACEBOOKBullsnbulls wrote:
Great company ! Financials not so great though .. what they need are agreement deals with other retailers !!! They need cash coming in or they won't survive..
such a tool. Try simple DD and maybe talk to the ceo . They have close to 3m in the bank. Enough money for 18 months . They are now starting thier third year . Thier REV is growing leaps and bounds . 2018 2.2m was based just on vancover . This year they are projected to make 16.8m to 20m .PROFITABLE first quarter . Pkg in reality dosent need a private placement anymore . If we do see one it will be for a strategic investor with the shareprice many times higher . In 2019 . we will have rev from vancover Saskatoon Everett Calgary and weed delivery. 2019 we are projected to be in another 6 cities minium. 10 cities by the end of 2019. The. Market is valuing pkg 6x earning which is cheap . Worst case 12m in rev it's still a 96c stock . In reality depending on news flow market conditions 1$ to 2$ can come in 2019 . 2020 will be mutiple times higher since the rev in 10 cities will be active . Who knows maybe another 6 cities 7 cities coming 2020. Massive moves is coming soon and those 52 weeks highs will be shattered