GREY:WLDFF - Post by User
Post by
karldrogo45on Jun 24, 2020 9:21pm
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Post# 31188624
Ontario Stores coming soon!
Ontario Stores coming soon!seems no one wants to talk about this stock much lately.. I agree hasnt been much to say.. well here's something. I just checked the AGCO website for Ontario cannabis retail applications, and City is finally on there! Their Barrie location shows the public consultation perioed ends early July, and the Toronto location is processing. So it's tough to say exactly how long it'll take till the stores are actually open and selling, but Wildflower did update their investor web site showing they expect both stores open this summer which seems like pretty good news to me!
That same presentation also shows their projected revenue into 2022 is over $70M! that clearly relies on strong sales from both their ontario stores, and possibly opening more. Or their banking on growth on the US side which is very possible as well. that may seem a bit ambitious, but anyways even if they were to fall somewhat short of that, I would expect their market cap to be a lot higher if they can grow their sales in that range.. BIG upside here!