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MTL Cannabis Corp C.MTLC

Alternate Symbol(s):  MTLNF

MTL Cannabis Corp. is focused on crafting cannabis products, including lines of dried flower, pre-rolls and hash marketed. The Company, through its subsidiaries, is engaged in the cultivation and production of cannabis products for recreational and medical purposes in Canada. It also operates clinics that work directly with primary care teams to provide specialized cannabinoid therapy services to patients suffering from medical conditions. Its wholly owned subsidiaries include Montreal Medical Cannabis Inc. (Montreal Cannabis), Abba Medix Corp. (Abba), Canada House Clinics Inc. (CHC), and IsoCanMed Inc. (ICM). Montreal Medical is a licensed producer operating from a 57,000 sq ft licensed indoor growing facility in Pointe Claire, Quebec. Abba is a licensed producer in Pickering, Ontario that operates a medical cannabis marketplace. CHC is operating clinics across Canada. ICM is a licensed producer in Louiseville, Quebec growing indoor cannabis in its 64,000 sq. ft. production facility.


CSE:MTLC - Post by User

Bullboard Posts
Comment by Gmoney$on Mar 19, 2019 11:18am
66 Views
Post# 29505126

RE:Quiet

RE:QuietI hope you're right but I have my reservations on these earnings. I doubt revenues have skyrocketed. Still no revenue from selling their own product and they've probably spent a lot of money on finishing Pickering. Those cooling units aren't cheap. That being said, I am expecting that and hope that the earnings show they are spending the money wisely. i just wouldn't get my hopes up on HUGE revenues. Maybe modest revenues :).

Once they start seeing revenues from product sales (4-5 million a quarter) CHV will blow up. Market cap is only 30 mil and with revenues nearing 20-30 million, based on other MJ stock markets caps compared to revenues, CHV should explode. I mean what is ACB? 125 times revenue? I'd be happy with CHV at 5 times rev :)
Bullboard Posts