Nova Cannabis Inc Com YSSCF

My feet has been dipped.

[QcTrader]

im ready for the ride! 

Grab your seats, very limited since the prior consolidation.

[Brandonrr]

Were due for some plans for ontario news...wont be long and this thing will be a money maker

[QcTrader]

Absolutely agreed! the way they have been protecting their capital for the last year+ while scaling up their footprint to 16x opened..... lots of room for growth on the share price.  Not the mention the tight float (thanks to previous consolidation) leaving more than enough room for further dilution (at proper levels) Very promissing retail play.  ive been having my eyes on this

[Brandonrr]

yea I have been watching this one for awhile too and when ontario decided to abandon the lottery system I decided to get in. would love to see a plan for ontario and I'm sure we will soon. 2020 should be an interesting year.

[PatrickNeil]

I believe the best bet to get into Ontario would be for some asquisitions rather than new builds. FAF and META are over extended. Both chains have been building stores at a ridiculous rate and are holding rents on properties that won't see approval for a long time. I haven't been following META closely, but FAF is by all accounts over extended and it continues to expand. I believe they

[Brandonrr]

I wouldnt disagree with your valuation in 3 years...anything is possible. I would like to see a plan from management too see what their thoughts are moving forward into ontario. I agree management seems to be excuting well and using the capital wisely.  a buyout of smaller retailers may be the way to go 

[QcTrader]

i believe with the history of YSS they will go the natural organic route where its cheaper to lease and build a 400k$ store rather than pay couple millions for one.  time will tell.... for sure their eyes are on Ontario... who wouldnt? =) I've placed my bet today, will be adding in the coming trading days.    

[PatrickNeil]

Purchasing existing stores is easier, especially if they already have inspections done and are selling. Depending on the jurisdiction it could take months or longer to get approval and then a licence. That could easily cut into the "cheaper to lease and build". As in the case of FAF, they have been sitting on dozens of properties without getting licencing. After my original post I

[QcTrader]

i get what your saying.  as long as we dont raise 10m$ at current levels, im fine with growing inorganictly. =) 

[LIVEST4REAM]

This post has been removed in accordance with Community Policy