FinancialsRevenues were only $600,000 even with same period last year
Gross margin negative vs positive last year
Expenses slightly lower than last year
Advertising and promotion budget doubled same period last year
Not much cash on hand ($100,000) but receivables way up (almost $500,000).. good sign!
Bottomline long way from profitability IMO, but not many MJ’s are outside of aphria at this point. Doesn’t mean the market cap won’t continue to grow. They are now trading at $21million market cap... 1:1 to their assets. I believe the could easily reach $100 million market cap with their new dispensary functional. That’s $5 share price. Worth the risk IMO