GREY:FFLWF - Post by User
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1sergedompierreon Apr 26, 2021 5:20pm
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Post# 33071176
RE:Top Retailer in North America
RE:Top Retailer in North America not so fast ...FAF is a very small player compare to the big 4 in the US : Trulieve , Green Thumb , Cresco Labs and Curaleaf ...these guys next year will produce each of them over a billion $ in sales ! and the market for those 4 profitable companies are down by around 30 % in the last 2 months ...
Also until some legalisation is done in the US -like Banking ACT , the 280 taxes etc ... nobody can uplist on NASDAQ ...also the minimun entry point on NASDAQ is $ 3 ..that means a reverse split 3-1 for FAF ..so we are a long way from there ...the year end results will be good tomorrow but they are facing a long hill in front of them ...and High Tide has been more active then FAF in the last few months and own now more stores then FAF in Canada .
Yes it is a good well run small company back by ACT ...but until they take full control in 2023 i dont think not much will happen except that new June store in California ..
Any way it will be interesting to listen to what they have to say tomorrow !