Post by
RadientTech on Sep 27, 2018 3:40pm
My Theory On FIRE
So FIRE is to supply overflow of orders for the other big guys correct? or have they just decided to sell themsleves with their own brand?
if theyre going to remain a supplier theyre going to show some ok numbers with online sales october 17, but they value of this stock will dive after their numbers dont compete with other companies
however, the brick and mortor days mid 2019 will prove this companies porpose and then will likely see big profits. once a brand cant keep up supply fire will be bought out or start generating nice profits that get attention
total buyout coming from ACB or WEED by end of year
I'll bet on it
Comment by
theTransporter on Sep 27, 2018 3:46pm
You do know that the rest of the country will have brick and mortar stores starting October 17th. Only Ontario will be online only. Ontario does represent the largest portion of population, but it's it's at most 1/3 of the country.
Comment by
RadientTech on Sep 27, 2018 3:48pm
yeah i realize that , fire has 7 provinces now? either way theyre going to take a while to show earnings like the other guys as a % of market value buy out!
Comment by
Letsmake$ on Sep 27, 2018 3:54pm
The one positive here Radient I think is we are very low in terms of share price so we can only go up from here, with profits in some cases bigger then the top dogs I think we may see better gains overall then them. The entire sector has been dropping the past 3 days even with positive news, we may be seeing a massive exodus now to avoid massive loses later.
Comment by
guttock_cp on Sep 27, 2018 3:56pm
I think the India market is still untapped, maybe buyout after
Comment by
Diemannschaft on Sep 27, 2018 3:54pm
you're wrong all across the board. They have several supply agreements with 6 provinces. Still supplying other LP's. Bringing Medigrow online next year. And...... probably in the process of branching out globally in addition to Medigrow. They're numbers will be just fine from here on out.
Comment by
Robman1 on Sep 27, 2018 3:57pm
So FIRE is to supply overflow of orders for the other big guys correct? or have they just decided to sell themsleves with their own brand? Not correct. See the CEO's last video over at midas letter. They are focusing on creating a premium brand with a premium price point. They aren't getting into the retail end.