Post by
Oldweed on May 19, 2020 4:57pm
Interesting Point
To tie into a previous interview with Trevor Fencott where he mentioned FAF will continue to take advantage of low priced white labels and flower that will likely continue to improve margins, BNN reported today that the analyst over at Zandenberg Capital noted ACB produces roughly 50 tons of cannabis but only sold around 13 tons and as a result will likely continue to flood the market with cheap product. This will certainly work in favour for a national retailer like FAF. GLTA
Comment by
1sergedompierre on May 20, 2020 6:48am
oldweed ...margin is one thing that bothers me with FAF : 36 % is not high enough for a specialize retail store like FAF .. every quarter is something i watch and they are not going up IMO they need to be at least at 40 % it makes a lot of difference in the pursuit of a profitable company . SD
Comment by
Oldweed on May 20, 2020 10:28pm
Yep for sure Trevor and team will have to execute and I'm sure ACT has a few targets clearly laid out for them to achieve. I like the idea of accountability right from the get go....that what is needed to protect investors!! GTII and TRUL are making it happen down south for sure....be nice if they were .61 a share!!