RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:HIP is 1 of 7 LP`S selling to 7 provinces
I can't see them having to spend that much this time , especially on marketing of all things . Another thing of interest is that Mr wilgar has not sold a single share all last year . I'd say he is either really wealthy, or believes in his company's dialogue like no one else. This is a millenial driven sector and it doesn't help that they hold onto info that should be updating the mass of amateurs in this sector regularly. Aleafia , huge ,namaste , and many others are nowhere near as close to being profitable as HIP. The only reason we are considered less valuable is due to lack of interest from retail ATM . This will change slowly as they complete further milestones and uplist to the senior exchange . tons of institutional investors won't touch anything, and some can't at all legally , on the venture . This sector is totally in its infancy still and I know as I write this that many of us are impatient , especially when seeing other lps surge on hype . We haven't even really seen legalization yet , this is without a doubt 100 percent certain and obvious to me . NOT ONE person that I know has made the slightest effort to buy from the OCS, and with legit reasons . NOBODY cares to over pay and then wait days for a package . Historically all vices have done better in a brick and mortar environment , in fact , this online thing is a test and has never been done before. Once the government smartens up and gets out of the way for retailers to sell weed , only then will you see the real revenues of legalization . This is sadly not even the tip of the iceberg in terms of sales. Go to an illegal dispensary and see for yourself the amount of money being generated .How it stands at the moment , it is without a doubt undervalued just based on these logics . When edibles, oils, and brick and mortar come to fruition , you better believe that this sector will explode with winners and certainly more losers . HIP is positioning themselves to be one of those winners, its evident in the fact the they have managed to get 7 provincial agreements with ease . They are also founding members of the cannabis coalition in Canada , if that doesn't prove it , then I assume millennials will never get it . The up hub alone is a start and I suspect there will be more of those in Ontario coming . The A warrants were given as sweetener to all those that hung on for so long and I firmly believe that's why they gave no acceleration clause and five year expiry . I believe HIP will reward all its loyal shareholders in due time . This can mean literally in the next 4 years, its anyone's guess !!!! Be prepared to hold patiently If you are new here , not all cannabis stocks are hyped up artificially. Some are beginning to show signs of shady just like the BOD at EMC which have neglected their fiduciary duty by capitulating the sp in order to make a greasy under the table deal with aleaf . I am grateful that NEWSTRIKE has the tragically hip involved for these very reasons . They are not a fly by night brand and would never lend their hard earned credibility to just any con man or company