Post by
investalot23 on May 29, 2018 7:49am
financial report
I have mixed feeling about report. It is early stages. The big thing i like is 67M in assets and 2.5M in debt. Market cap is 278 M. They are making sales, they have good distribution. They are defineately on par or better than a lot of other MJ companies out there. so still long and strong. The other thing that keeps me hopeful is the low float. As long as it remains low anything is possible
Comment by
investalot23 on May 29, 2018 8:17am
this report does not include the record breaking revenue in april of 840,000 for Alta and 2M for RVR both in US currency so with that said i think they are doing quite well if Alta and RVR were not included in the report. I would say you have 3 months to get on this train before it takes off as the next report will be awesome
Comment by
INVSTIGAT0R on May 29, 2018 5:14pm
We have a very low float and you're complaining about dilution? Assests are huge and we're going to go from 600k a quarter to about 5-10 million a quarter very soon. By early next year probably pulling 20 mil a quarter.
Comment by
BiggLebowski on May 30, 2018 3:35pm
50 million is actually low end for the numbers we can expect. During the earnings conference call Mark Lustig mentions that the companies internal goal is to have 100 million cdn run rate exiting 2018. Its not far fetched at all when you add up the revenue of all the acquisitions and factor in some growth.
Comment by
NedStark on May 30, 2018 6:38pm
CannaRoyalty is the least bashable company in the entire industry at its current valuation. It is laughable if someone tries to bash this stock.