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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 blueboyon Mar 24, 2019 11:35pm
69 Views
Post# 29529863

RE:RE:Financials coming soon

RE:RE:Financials coming soonOf course CHV will be losing money this quarter, just likely virtually all of the MJ LP's that are in growth mode.  As long as their revenues remain steady at $1.24 million (or even grow a bit), then that is all I expect.  Now that they are starting to grow their own MJ, they will see increased sales from that soon enough.  Hopefully an announcement soon on the Edmonton Rec store, as they previously stated they were aiming for a spring opening.

Even with revenues only remaining steady, CHV has BY FAR the lowest relative valuation of any LP with a Sales license.  As CHV's revenues start to grow, that has to change...

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Bullboard Posts