Serious bearish points to discuss for the bulls How will cura grow in 23' ? The market looks saturated and there is always a rush of players when each new state opens ...foot traffic should be steady but prices should be lower and competition should heat up (with other mso / smaller shops & black market ) ...so are we accepting flat revenue in 23& 24??
Boris says 125m in free cash flow for 2023 ...are we taking them at their word? Is there some accounting tricks here that I am not aware about ? How do they go from cash burn to generating 125m FREE CASH ?
how are they gonna pay back 475m in debt in 2026 if they just break even over the next few years ?? (I'm guessing it's by raising more money on the back of legislation changes ) cuz if legislation gets pushed into the future that debt problem is gonna crush cura ; not an imminent problem that is for sure ; I believe cura has 50m due at the end of 23 for bloom deal
Other questions for the audience
1) how much revenue / profit does / can cura get from Europe (germ /uk )
2) any estimates on profitability for 1.5B of revenue if 280e was abolished ??
cheers : sure wish there was real discussion on these boards besides juvenile takes