Today's WebinarI like it. I like the approach, the culture of this company. I feel my money is in good hands. Hey, I sleep well at night!
The presentations were on target, no fuss. No surprise to anyone who follows the most sensible posts on this board. I would say Nextleaf is making even money as we speak and will start growing a profit as they expect to double their sales in BC (new vape and oil SKUs to be soon launched) and enter all other provincial markets in the coming months. Bulk sales are on a good footing. IP should start to be profitable in the coming year. Maybe news to come on psychedelics in a few months.
Share price right now is totally unfair for three reasons: stockmarkets are worried about US and China debts issues; the cannabis industry is pivoting from an initial wrong focus on cultivation and company size; and investors still don't know much about Nextleaf (this should rapidly change).
Still early days and a good time to build a position in OILS shares.