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I read on ABC message board that a bunch of cgc's insiders sold shares last week anyone have any links to the form 4's?
Its after the next rs.
I'm a shareholder again at .57 crossing my fingers.
Sales fell. I see adding more production if sales are rising. This outdoor site should replace a indoor one.
No growth in rec sales. Canopy's production doubled this Q and set to double next Q. Aurora's production increasing along with the other 100 companies production increasing or just starting to come online. Price will plummet.
Q4 to Q3, gross recreational sales were largely similar with $68.9 million in gross recreational sales in Q4, down from $71.6 million in gross recreational sales in Q3. As increased brick and mortar stores come online in key provinces of Ontario, Alberta, and British Columbia, the Company will use its increased capacity to meet demand. Through the Company’s investments in capacity and automation across many of our processes, we approximately doubled our harvest size from Q3 fiscal 2019 to Q4 fiscal 2019, and expect to do so again from Q4 fiscal 2019 to Q1 fiscal 2020, positioning us to ensure Canadian adult consumers have access to our trusted brand portfolio.
Rec sales less this quarter but a production doubled and set to double next Q1 2020. Price will plummet
Q4 to Q3, gross recreational sales were largely similar with $68.9 million in gross recreational sales in Q4, down from $71.6 million in gross recreational sales in Q3. As increased brick and mortar stores come online in key provinces of Ontario, Alberta, and British Columbia, the Company will use its increased capacity to meet demand. Through the Company’s investments in capacity and automation across many of our processes, we approximately doubled our harvest size from Q3 fiscal 2019 to Q4 fiscal 2019, and expect to do so again from Q4 fiscal 2019 to Q1 fiscal 2020, positioning us to ensure Canadian adult consumers have access to our trusted brand portfolio.
Below 7 by next week or today
It was based on 9000kg sold. Go ahead and produce 700,000 kg. I'm waiting to see some demand untill then watch most Canadian LP's fall.
Can I get a share buy back for the birthday boy.
If they had the ability to buy back stock they wouldn't be doing the 5 million. Think about it
The supply will tank the price
I'm heading to Vegas for a few of the poker tournaments this month. I'll stop in and buy some house brand stuff.
This stock equals turd
I'm getting excited. It's getting time to buy i think I will play it safe with fidelity s&p index fund. I should be thanking trump for the huge buying opportunity. Just wish my dad would of listened to me when I said to pull everything out of the market a few months back. My only holding where cweb and I got stung. But I think this buying opportunity is a blessing for me.
It didn't work out well for me but what ever. J need to just stick to real estate
Turns out the insiders where smart trading it for that price
Can't wait
So what your saying is trtc could of went public though Canada too but DP chose not to. Thanks for clearing that up.
Why?
Trtc could of listed in Canada. Please explain why they could not of.
So trtc could of done the same. That's one example of piss poor management. Shall we countinue?
Trulieve Q1 Revenue Grows 192% to $44.5 Million as Company Boosts Guidance:
https://www.newcannabisventures.com/trulieve-q1-revenue-grows-192-to-44-5-million-as-company-boosts-guidance/
Same taxes, same legal status, same access to capital.
Does that mean a monster Is around the corner?
The best part is for every 15 shares at. 67 you now have one at .70..... Turd tech
So what your saying is there's currently 1.5 years worth of flower in supply and most companies haven't started growing yet or are not growing at full capacity. See mr greens post about Canada's current supply.
This is just to funny
Oversaturation. I will be bullish on the ones that survive or when the us goes legal. Big corrections coming the sales numbers in Canada are what they are no miracles there.
Lol , grabbing for strings
Prices should be going up. Lol
Trtc is a moonshot and not that you hit a windfall. A moonshot that it ever hits the highs it had before the rs.
No ivxx extracts on Blum Oakland menu just looked
Would you just look at it!!!! Would ya.
Is there growing in cali at this moment? Or is it underconstuction?
Who cares. Does nothing
The writing is on the wall. This will always be a looser. Nothing in the works will help as of now.
Too funny. What's on the chopping block this week?
I wish in my state edibles that are healthy where more accessible. There are a lot of oils but personally I will not smoke untested oils. To many fly by nights with a glass tub and a can of refined butane for my liking.
No one needs to do anything. It will correct itself. Supply will continue to increase, prices will fall to the point that the risk to operate on the illegal side will not be worth the reward.
So no commit on this then?
I'm not talking about just cgc. I'm wondering about all licensed producers planned production verse what's in production at this point.
Black market still makes up 80% of Canadas pot market because on average its 40% cheaper. This will change as the market gets flooded with licensed pot and the price falls.