RE:ATS vol. Agreed. Things going according to plan is actually a VERY big deal, because the plan was to produce distillate more effeciently than anything commercially available. That coupled with the lower staff required to operate the equipment literally will make OILS the winner of Cannabis 2.0 :)
Its only a matter of time before this company, and more importantly its technology, becomes the standard for extraction.
Imagine when all the big LPs either have to outsource to OILS because they can extract more effeciently, or purchase their IP to do it in house at competitive margins. This will be big, and the announcement confirming that their tech works as expected is huge news IMHO.
LastoftheFranks wrote: 185k shares in the dark pools. The volume is actually 545k.
Money really started shuffling after the update. Bids are alot stronger, asks are thinning.
They seem to signal there will be revenue on this Q's financials. If we get a sample of margins, we'll quickly know if they have legitimate disruptive tech. Q4 is either gonna be a great time or a bloodbath. Personally it feels like a party. JMHO
“While scale is important as our industry grows domestically and internationally, much more important is the efficiency and margins that are derived from that scale, system and IP. We are quite pleased with the economics we’re seeing from our commission and optimization phase. We believe we are well positioned to be a focused, economical B2B supplier of bulk cannabinoids – now and in the future,” stated Charles Ackerman, Chief Financial Officer at Nextleaf.