GREY:GEATF - Post by User
Post by
ranforurlifeon Jul 15, 2020 1:24am
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Post# 31269017
re: what's to come for now
re: what's to come for nowThe past is LVV but it was settled in 2020, the BIONEVA, DB3, SIERRA and Valleja are the newer investments, more products anticipated one with Dr. Davis Rosenberg and 1-2 more strategic acquisitions. Up to 2019 we had literally nothing but a black hole. There are challenges ahead, expecting NCIB to have happened immediately was not realistic, we need the cash first from BIO, LVV and Baseline although we will only see one month of Baseline in the Q1 statements. Q3 2020 we will see the stream of revenues from BIO. You will need to wait until the Q2 or Q3 of 2021 to see almost the full picture of the revenues and costs. In the meantime, the business model is becoming more efficient to head towards lower losses or better to profitability. The future will be a lot better with time, as legalization is slowly making its way in the US, we need to be positioned right, with popular selling brands, producer/cultivator licenses, control quality of produce and distribute everywhere, sell domestically and internationally where it is legal.