RE:RE:RE:RE:RE:RE:RE:RE:RE:Stupidspoons73/Salbrom Nothing beats good financials. I did take heart from the recent Q&A where Paul put the break even point at $700K to $900K a month and expects to reach that in the first half of 2022. He put the plant capacity at $50M annually in revenue just to put things in perspective.
Rm90090 wrote: I think at this point - we can ONLY deem Nextleaf as having disruptive techniology once we can confirm profit margin by looking at financials.
Having the cheapest products is promising - it makes their investors beleive that they are making money with a lower production cost. However, can this be confirmed? Not at this time. The financials are the only thing that matters for me. It looks good though - we are getting products into the markets they need to be in.
The cannabis industry does not give ANY revenue projections - or do they even discuss kgs of products provided. They talk in terms of SKUs which means we have no idea.
For me - the aspects that shows progress is: increasing revenue; increasing profit margin, increasing market share. At this point it looks promising for increasing market share. But I need to wait until Finanacials to see the rest.
I plan to stay pragmatic. Good luck everybody.