Post by
Adventurous on Feb 23, 2024 6:19pm
Possible Share Buyback
With a nice cashflow and growth funding itself through sales, I can see Nextleaf announcing a share buyback. That the measure be concretely activated or not is of no importance. The announcement would get the market's attention and bring us to the level we belong, imo. For now, the market does not realize we are steadily growing and among the rare cannabis company to make a sizeable profit.
Comment by
Gotime2 on Feb 23, 2024 9:15pm
If they can grow sales until the facility is operating at maximum capacity I would like to see them invest profits to build another possibly larger production facility, leverage those patents!!
Comment by
Dynaboy72 on Feb 24, 2024 1:31pm
I'm all for that but not until have some money in bank for rainy day acquisitions. Cannot wait for earnings and news next week should be a rocketship.
Comment by
Gotime2 on Feb 24, 2024 6:16pm
Last year they released first quarter financials on Thursday, March 2. So this year maybe we will see them on Friday, March 1 or Monday, March 4?