Post by
MuttleyKnows on Mar 04, 2021 7:40pm
Organic Growth
I expect that the financial results will continue to be strong for Q4 and into 2021. The next big question is when the organic growth plan starts to show up on the financials. Based on the work they are doing I would expect that it will happen in phases starting in Q2 2021. Given the current grow capacity probably does not meet the company's internal needs, I would expect that the initial new organic growth capacity will be used to fill internal C21 needs. This is great for margins given the price of quality flower in Nevada is now over USD 3,000 per pound. Remember the company said the expansion will generate an additional 7,500 pounds of flower. You can do the math. It is a lot of revenue at very little marginal costs. Good things coming while we wait for acquisition deals or to get taken over.