Post by
Cremona on Mar 11, 2019 7:13pm
Harvest is the new giant.....
Up to 200 facilities in 16 states and territories across the country, including 123 retail dispensaries. That is directly from the pr. This MSO is just rocking it, bigtime and one to watch. Might come off a bit after todays run, but long term this company is going to be the US Canopy....
Comment by
YukonJer on Mar 12, 2019 12:45am
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Comment by
Irie99 on Mar 12, 2019 4:03pm
Federal legalization in the US is years away so they have plenty of time to grow the business. Right now they’ll have 30 dispensaries operating and expect to have 70 by the end of 2019. 2 mil is really low. Most dispensaries generate between $3-10 mil a year with $5 being a reasonable avg. I see somewhere between $150- 250 mil revenue for 2019 and over $500 mil in 2020.
Comment by
Irie99 on Mar 12, 2019 4:23pm
The nine Zenleaf dispensaries acquired from Verano will bring about $90 million a year!
Comment by
YukonJer on Mar 12, 2019 4:26pm
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Comment by
Irie99 on Mar 12, 2019 4:36pm
Same here. The day the US gets its act together and allows access to banking and changes to the tax code for cannabis companies this is going to absolutely explode. It may be a while, but I’ll wait.