Invictus MD Strategies Corp IVITF

Invictus MD Strategies Corp is a cannabis company with a focus on the Canadian cannabis space, offering a selection of products under a wide range of cannabinoid profiles that fit the demand of the company's medical clients and retail customers. Its wholly-owned subsidiary's Phase I and Phase II facilities are in full production. The company's 50% owned subsidiary has completed its Phase II expansion and received its amended license from Health Canada. Another of its wholly owned subsidiary, connects medical clients to physicians for medical cannabis.

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Invictus MD Strategies Corp > wild trades

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Comment by lastpickon May 03, 2019 7:43pm

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RE:RE:RE:RE:wild trades

display_name wrote: I'm not sure if we should be too concerned about financials partially because of how biological assets are required to be declared & accounted for; as soon as product enters their inventory they declare an increase in assets eqaul to fair value of product minus cost of selling. Cannabis companies basically get to put forward sales directly onto the books so as long as they've been growing product the bottom line should be growing.

Yes, but cash flow does not improve until sales are made so they will really not be profitable until then IMO!

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Geologica Resource: Polymetallic upside at a depressed price