GREY:MYMMF - Post by User
Post by
WeeblesWobbleon Feb 03, 2021 1:09pm
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Post# 32459586
Future Expansion
Future ExpansionIMO, the next logical step for MYM would be to expand production facilities at Laval. Currently sitting at 10,000 sq. ft. Back in May 2018, under Phase 2 of Laval development there was planned expansion to 37,000 sq. ft. Compare that to Highland Grow's facility of 6500 sq. ft.
The Q2 profit result should form the basis for funding future expansion.
As with any industry, product demand will drive (or not) future expansion.