RE:Expected financing finally out of the wayI've been monitoring LDS from the sidelines and been waiting to see this pp announcement.
I understand that the mj sector is initially focused on top line growth numbers but with lds bloated share count getting even more bloated, can someone more versed in what lds is putting together walk me through how profits will ever filter down to the bottom line with roughly 160M shs outstanding? I am currently neither bulllish nor bearish on lds. It does appear that momentum is picking up speed and so after the pp closing I could possibly see a run toward the 1 area or even old highs on news of cannastrip/reveur success but I cannot get past how the sp will be severely hamstrung by share count. Now if cannastrips prove to be a runaway success and demand goes nuts for them, well then that would change things completely but I never lose sight of the fact that there are hundreds of products in dispensaries and clear winner products are still in early vying stages. Have the distillate margins improved any since drop in price late last year? Cerrainly would welcome any insights from some of you more up to speed on the co.