Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Gnomestar Craft Inc VDQSF

Gnomestar Craft Inc. is a Canada-based craft cannabis company. The Company is engaged in the medical and recreational marijuana business. It operates in one business segment, the marijuana industry. The Company produces hand trimmed cultivars in its 12,000 square foot indoor facility in Delta, British Columbia.

GREY:VDQSF - Post Discussion

Gnomestar Craft Inc > financials are out
View:
Post by Calgary1111 on Mar 01, 2021 12:37am

financials are out

So we had a full quarter of growing and are not profitable. It looks like We won't be profitable until that build out is done, and licensed. OK I didn't see that coming but I can live with that, I wonder how long that will take to complete and start adding to our sales. We do sell medical herbs as well as rec market. How ever I believe I  saw there was "compassionate pricing" in the medical market where we sell our stuff.  Perhaps we need to only sell were we get top dollar for our stuff until we are profitable? Just an idea.  So what I really wanna know is Will we endure further dilution.
Comment by Makingn0thing on Mar 01, 2021 10:06am
I just had a look. Not even sure if things got any better from the previous year. After so many years holding the bag with heavy losses, I was hoping to see something much better. So difficult to remain optimistic.
Comment by Calgary1111 on Mar 01, 2021 10:58am
When this thing finally got licensed I thought we were ready with capacity for the whole 1500 kg a year that the company mentions the BC facility will be capable of growing. That wasn't the case, not even close so I am at a loss for words, until that build out gets done we will keep bleeding money. 
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities