Sorry GuysOpts, I'm not sorry for anything, had a long day yesterday and when I saw Sorry Guys for the subject on many messages I wrote it in my subject.
When it comes to the15 million figure, it is strickly my personal acceptable number. I don't like predictions due to many unknows and unpredictable obstacles, expenses etc etc. Do I believe everything is in place to achieve 20 million +, of course I do but there has been a number of transitions experienced by the company, and probably challenges not privy to investors at the moment which could affect the final outcome. I'm always conservative with my own predictions. Just being realistic but also hopeful they will achieve a good quarter.
With a large number of LP's having experienced high profile negative exposures the investing community is reluctant in investing until the industry can prove it can be a profitable venture.
I've researched the timeline for a number of companies, and in my opinion Supreme plus two others are probably in the strongest position to succeed.
Will they succeed, IMO it is too early to tell, but they sure have numerous pieces in place supporting they can succeed. No reputable professional would put their reputation on the line for a company not expected to succeed. To date Supreme has kept a low profile, and worked tirelessly to establish themselves as the leading producer of premium cannabis at scale, which I believe they have achieved, without drama while maintining integrity and professionalism.
The management team is an impressive group, and with this world class operation completed and fully operational I believe they can achive it's goals.
But again, it is a volatile industry in its infancy, and still a lot of unknowns ahead. Only the companies with the flexibility to manoeuver and adapt to those unpredictable obstacles will survive. IMHO