RE:RE:RE:RE:Exercise of Series B Warrants1sergedompierre wrote: IMHO you are wrong as it is all the cannabis stock that are down ...all of them and it is also ,in case you did not see and feel it , the whole stock market has plunge ! nothing to do with FAF future ..
The reason is? They are all in the same boat facing too much competition. Take any cannabis companies and put their financials result on a quarterly basis. Click
financials above and put the
income statement on a quarterly basis. Stalling or lower revenues showed there are too much competition. The small increase in revenue of the others is not enough for realistic expansion. Although I take into consideration the others financials data, I don't even need them to see that the cannabis industry is plague with too many competitors since they all have problems growing good revenue. They don't need EBITDA or small profit but good growing profit which means very good revenues in the first place. Unless the population double, it will take time to sort out a good one.
FAF
Jan 22 Oct 21 Jul 21 Apr 21 Jan 21
Total Revenue 42.70 45.41 43.31 44.08 43.22
Do the same for other cannabis companies. They don't need EBITDA but big fat profit to expand after all this time since the cannabis is selling very well. When the FAF revenue is lower than 4 quarter's ago, big problem.