RE:Agreed not sure why ppl are selling in the high 60'sSurfer2020 wrote: If you wanted out should have just sold in the mid 70's a few weeks ago when we were in the mid to high 70's. Not today after a fantastic earnings report!
People need to do there due diligence on this company, instead of just panic selling the news. Cannabis is a 1-2 billion market place in Canada for 2019, and if we get 1-4% of that market. Were sitting on a Goldmine!
Tilray 8b-Last q 10musd
ACB-10b-last q 47m cad
Canopy 20b-last q 83m cad
Cron-5b-Last q- 3.8m
Hexo-1.5b-last q -5.7m
Canntrust- 1.4B-12.6m
Flowr-400m- Who knows.
Fire-600m-7.7m
Huge-400m-No Revenues
Cann-200m-No Revenues
Agra-160m-No Revenues
Nrth-135m-2.4m cad
(HVT= 120m- 3.7m cad)
I not sure what people don't understand, we should be a 250-300m market cap right know easy. If Cann and Agra are are around 160-200m with zero revenues, and Huge at 400m with no revenues, Tilray at 8billion with only 3.5x our revenues.
Not sure it gets more clearer than this, 1/3 of our market cap is cash, and there in quite a few provinces, and might get to to Loblaws before summer and shoppers and pharmasave. Undervalued is where we are vs the sector.I personally wouldnt sell till we get back up closer to $2. Oh well New holders who have stronger hands will be in this for the next run.
its all about revenue...not growing capacity..grants a retail ceo... .who cares about how much u have in the warehouse or on the shelves ... it’s about cash in the till and customer share ...easily can be doing 15 20 million a quarter next year ...I sell above 5 bucks ... if the double again in 2 quarters that’s 15 million a quarter...