RE:RE:RE:DREAM - Every other Cannabis Sector had DREAM
ACB being profitable?? EBITDA ($65M) on $78M sales. They need to double their sales in order to break even and starting to generate a positive cashflow from their operations and that is before the financing costs. ACB has 3B of pure none existent assets on the BS. At this current pace, they are 2 years out of a positive cashflow if the US market doesn't get legalized.This is still a long road ahead. On the other end, with no goodwill to write off, Hexo has a chance to generate profit or break even as soon as next quarter. Probably slim profit but still positive. The hype on ACB has no financial fundamental base whatsoever but glad it's happening so Hexo can ride the wave as well.