RE:RE:RE:Where's the beef?Nope, been around for 4 years and getting tired of the BS. Told myself, I at least needed to see long beach get commissioned in order to get a peek at the list of co-packers and to see if Baron Davis would ever have a noticeable impact.
Figured from the time that facility was up and running, I would wait two quarters to assess if they could put together some reputable revenue numbers. Never thought the commissioning process would be so lengthy but given COVID times, it is what it is.
LBF is commissioned and we are 42 days away from the commissioning announcement from November 24, 2020, with no sniff of a co-packing announcement. Rumours swirl that things don't get done in the month of December, which if true is suspect and I would submit the TLRY/APHA merger as evidence that just isn't true.
Latest and greatest has yet another rumour that the CDN roll-out is stalled based on the fact a 4 page document wasn't submitted to Health Canada in a timely fashion. Oct 15 NR said NNCP was mostly completed and would be submitted within 10 days. 10th day was a Sunday, which means that document would have needed to be submitted by Friday (October 23,2020). HC needs 60 days before TNY can sell products based on that doc submission. We are on day number 74 since that document was slated to be submitted as per the NR.
The trend with TNY seems to be radio silence until close to financials, so it will be interesting to see if we get any of the following in the near-term or if we have to wait it out...in no particular order.
1) Proof that the single serves are indeed available for purchase anywhere and not just an image on Instagram. Going to pull some of the dispensaries and see if they display it in their online platforms.
2) Any information on the Beckett's trials that isn't overly vague
3) Beckett's in Canada, where
4) Tinley in Canada, when
5) Any Co-pack information (details, details)
6) I know this one is a stretch, but I'll throw it out there for fun...revenue projections!
MJ1