Hold Tight, Next Week it BeginsMajor US players are going to demonstrate that the real money will be made south of the border. CURA, GTII, and TRUL all have ER's next week and unlike their Canadian peers they're EBITDA positive and are on the cusp or have already acheived profit. I expect a strong green week for TGIF, especially as we head closer to our late November ER.
We're anticapting revenue around 5.1 mil for the quarter, which is great for our Market Cap. However, don't be suprised if gross margins are disappointing. Considering AMA needs to purchase wholesale from other LP's until the new facility is operating at capacity.
We've been dragged through the gutter with the rest of the sector. Now is our time to rise. in my opinion we'll see a trend change for the US players next week. For novice weedstockers, you'll be amazed how fast things can turn around, as there won't be much selling on the way up. Just wait til we have share volume in the millions per day. Myself and other TGIF bulls have been though this before. Stay strong and enjoy your weekend.