RE:2021 Will Be Weed MD's First Big Year of Profitability Lol, big dreams.
Did they ever release this years outdoor numbers?
Wrywisdom wrote: Stock prices are a barometer of irrational responses precipitated largely by classic investor emotions of greed and fear. At the end of the day however, facts ultimately prevail. 2021 will be the year of Weed MD, and I will reiiterate just some of the reasons I believe this will be the case:
-The Starseed acquisition now starting to bear fruit with no less than eight unions purchasing medicinal cannabis paid for by Canadian Health Care.
-Successful completion of outdoor growth initiatives for second consecutive year, one of only 10 or so companies in all of Canada to have an outdoor license.
-The expansion of orientation to recreational and also personal wellness in additon to a most coherent well established medical initiative.
-Acquisition of a license to sell directly to consumers eliminating the middleman and enhancing profit margins.
-Melding of Starseed and WMD sites for further ease and clarity when ordering cannabis related items online.
-Implementation of CX industries now in full throttle with Pax, Fire and Flower and a giant exclusive Mary's Medicinal Canada contracts now under way in addition to the production of Weed Md's own state of the art extraction products.
-Reduction of losses down to ten cents per share compared to grossly overblown brutal numbers for 'big players' such as Aurora, Tilray, Canopy Grown and so many others losing $4.50 to nearly $35.00 per share!
-Profitability and cash flow positivivity likely for next quarter report, and exponentiall growth beyond that as we exit the covid crisis.
-Well capitalized to get to the above point. It should also be emphatically noted that nearly all of this has been accomplished in the midst of the covid crisis as well.
-Pedro's Sweet Sativa awarded the best Sativa in all of Canada by 150 vested participants at Inaugural kind Magazine Awards.
-Weed MD is an established and highly respeced force in the cannabis industry since 2014 with their orientation to uncompromised quality and innovation.
I believe we will see an 800% to 4,000% return this year. Big parameters I know, but that is the ephemeral nature of markets.
Happy New Year, and a rewarding 2021 to all.