GREY:ALEAF - Post by User
Post by
go.faster@ymail.comon Apr 11, 2019 11:25am
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Post# 29612935
Everyone needs to chill...
Everyone needs to chill...
The newly merged company has not released any NUMBERS!!!!!! The market wants to see the NUMBERS!!!!
The pot stock investment community has evolved from purely-momentum buyers (based on growing capacity...completely assinine btw) to a more discerning crowd that starting to zero in on a company's ability to actually generate a profit.
Thats it thats all...
Personally...I think the growers will do okay for a little while longer but once the profit dynamics of this newly minted industry become clearer...investors will be wanting to see PROFITS!!! The profits will be with the companie that create and drive brands through distribution NOT on growing the damn shyte! Do the farmers that sell hops and barley to Molson's make lotsa $$$? Do the farmers that sell vegetables and fruti to Del Monte make lotsa $$$?
We wait for the numbers now. Q3 combined we were at $4M in quarterly sales...anything approaching $10M will move us into the Top 10 or higher.