RE:RE:RE:RE:RE:RE:New Stores Here, here give 'em both barrels joh, 2yrs is fine but a quarter or two will do the trick but the has been a big drop in short positions on FIRE lately...but it is a waste of time ot spend it on the usual cast of clowns here.
The retail outlets opening in Ont is exactly what Beena is going to focus on, it is right in her backyard, minimal resources spent ot manage that close to home and much more cost effective than trying to cover the rest of the country...this is going to generate the best from H&F they will be much more efficient and cost effective in a much more contained area and they will be able to deal with the rest of the country much better all round from a solid, large scale core like Ont and build from there....getting up to full production in the most cost effective manner is going to definately going to increase SH ROI.
Beena/team will be watching the rest in the sector and going in the opposite direction where failure is proven in this infant industry and the company is ripe for moving up and out of it's diapers now. FIRE is in the best position all round today, albeit she hasn't been on the job for a full quarter but has been a part of the biggest boost in direction of the company's history, over the last 6mos.
Beena will have the cash in the till to move the company forward, for the most part, by year's end while the rest of the sector continues to right size and get more FIRElike to survive well into the future...FIRE will have the finest flower garden in the hood and current quarter is just the prelim of what success is in this industry, 7acres is already there and she is going to bring the whole to fruition in fine fashion that will generate the rewards that every investor hopes for.
We need to see her opening numbers of which will be the lowest numbers of her tenure by a lot and that will be more than acceptable from where we were 6mos ago...the best is yet to come for FIRE and the industry overall. Your info is much appreciated, don't ever let the lowlife convince you otherwise, JMHO....Opt
johnale wrote: Your argument makes absolutely no sense.
the clear trajectory of the sector is monthly growth in cannabis sales as stores increase - it's a completely clear correlation.
Other data clearly shows store sales are vital - I believe in Nova Scotia only 2% of sales were online.
Having ease of access, and same day purchase/consumption is huge.
Look at Colorado - year over year consistent growth in sales. with increased adoption of the legal product.
stay short over the next 2 years and let's see who comes out on top.