Empire Building 101
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Problem is sales have peaked in Co. Also missing on net profit did not help. Remember we had total flat sales at the dispensaries. Our growth was solely from Purplebee's. However margins will increase as stores are added bringing down fixed costs
This imo is a huge buying opportunity as most do not fully understand Dye strategy
MSO'S will probably stay hot or in focus as they are entering new states etc. which on the surface is good but the cost involved is huge.
Also had Purplebee's wrong. Reve ues went from $9.2 mil q1 to $11mil q3. Th
I know I have said this numerous times but they alone are worth $200 mil by themselves. They are going to grow much more than the market and it is only a matter of time before everyone knows.
My memory is not good...lol
It appears cash flow alone can buy these 1-2 dispensaries qtly and only get better q/q until the big acquisition.
I noticed we still have $21 mil cash. If not mistaken total debt went from $71 mil to $73 mil. Got the $71 mil on balance sheet from 6/30/21. Correct me if I'm wrong anyone. If right that is great news considering the $6 mil scg acquisition
11 ton is 22,000 lbs. i figured 11,000 lbs
11,000 lbs. at $1,000=$11,000,000
Agreed all good. Was Purplebee's mentioned? I was unable to listen.
What I did not want was goodwill written off. That is what a lot of the mso's have been doing. IMO, when that happens it is improper dd and paying to much. Happens way too often and most peeps just overlook. Most Mao's will pay anything to get the acquisition done. Certainly not Dye. Slow and steady does it. Patience will be well rewarded here
11,000 ibs. will almost gross what we paid for the the entire acquisition I would think. Going to have to do some figuring
After getting time yesterday to get the numbers from colorado cannibus Tax it was obvious with numbers down pretty significant SHWZ would be affected thus reducing my reve ues to $31.5 mil to $32.0 mil was spot on. I did think .o5 was doable but still very happy they were still positive which very few can yet say. Also it appears Purplebee's went from $10 mil to $11mil was a huge plus up 20% from last Q. Still a very good report.
Exactly. Plus the grow purchased in q33 assures us of excellent q4. Now close on 3 dispensaries and q1 will continue double digit growth.
Excellent location which appears high traffic. With $4 Mil cash I wonder why the token 100,000 shares. Appears to be a fast closing as they are calling for q4 and only 6 weeks left in the year
No fear mongering Doc. just pointing out sales may not be what we expected. As long as we have net profits all good. Nobody said anything about pps crash and burn. In fact we should close above $2.50 plus this week.
Sales have drop about 8% in aug. and 6% lower in sept. dropping lower than year ago sales.This will impact shwz without a doubt. Colorado has lowered its projections of tax revenue. I now believe flat revenues and lower the range of revenues to $31Mil -$31.6 and earnings of .05 a share.
PS Sorry Doc got to call it as I see it. No the sky is not falling but a bump in the road has been spotted.
After further investigating sales have plateaued from July. We might have difficult comparisons here but margins should continue rising. My prediction Purplebees will still be very strong.
Very clearly we have no new dispensaries added for Q3 while announced but not closed. Thus except for closing on the grow getting close to $34 Mil is phenomenal from $31 Mil prior Q. In fact IMO, anything above $32 Mil is excellent. Anyone calling for a bad report is totally baseless even with flat revenues and another .08 this Q.
Dye is very focused on growth that meet the financial matrix that he has mentioned various interviews. The term is synergies and the grow will do just that. Already 11k pounds and added 20 hoop houses. Another term used often is margins and exactly how will this change with completion and upgrades to the grow.
This foolish talk about a bad Q is hogwash. Taking longer to close these recent deals could be a good thing imo giving time to ramp up the grow and supply with our own product. Also ramping up raw material for Purplebee's and the fact that that division alone w
will soon announce either leasing or buying space as it is close to 100% capacity. Either you believe or you don't.
Personally I see a c.c. that blows it out of the park and a q. that attracts new investors and possible institutional interest which Dye himself mentioned. While I wish things such as new dispensaries were announced quicker and closed oh well. The team has a much better view than any of us and with $45 .il of there own money would never do anything to jeopardize their investment. Our opinions are only opinions. GLTA
Anyone know if earnings come out before the open or after the close?
I would think lots of small operators are going to sell out. Going to be real hard to compete with the co.'s that are seed to sale as they have tremendous pricing power especially when they can grow it for $500 per lb. Agree q4 is going to be really good.
If we get . 08 as I am 3xpecting q4 could very easily be .11-.12
Personally I believe we see growth. As long as we see good profits i will continue to add. That alone would show a successful integration of StarBuds which I believe some are still on the sidelines and ready to jump as everything appears to be rosey. Everyone needs to look no further than the investment of $45 Mil. Purplebee's will shine no doubt in my mind
Why the sarcasm? Columbia is in Co. and for them to report flat sales it is a possibility.
Being flat to down hopefully not indicative of our earnings Monday. Still upbeat here as who knows maybe we gained market share with Purplebee's. I believe Purplebee's had in excess of 15% revenue growth from q2.
So much agree. Go where it is regulated and avoid certain areas like the plaque. Especially trying to compete against black market is insane especially Ca. and Or. Yet the majority clamor about the market size and not the competitive nature they are
PS love SHWZ and the discipline management has exercised. If earnings come in as expected we run hard. If earnings come with acquisition costs and no follow through buy all you can.
I did not buy much on the recent dip. Congrats to all who did. Can't wait for Monday some news
Everything looked good with CRLBF and then we see where they wrote off $291 Mil. Ouch that is a lot of goodwill. Must of overpaid. Lmbo. Any thoughts?
Just trying to point out how undervalued SHWZ is. As I'm fully loaded with 90k shares hopefully after earnings others will see what we see. GLTA
Y'all can have your MSO's. I saw nothing with that report that really got my attention. 8 copperheads for net income per share. Yes they are huge in comparison to Shwz. Plus over 10x cash. They have almost double the shares with 220 mil fully diluted. Heck we are going to do .03 fully diluted preferred shares included.They did 5% sequential growth while Shwz will be in excess of 10%. Their triple digit gains are about over whereas SHWZ has another year coming. The est and only mso ino is TCNNF bar none with AWRWf honorable mention.
With the huge cash these mso's hold my belief SHWZ comes in play regardless of Dye saying they are not for sale.
Purplebee's will continue to shine and grow exponentially beyond industry standards internally at industry standards Purplebee's is worth $200 mil by itself. What kind of value would shareholders get with a spin-off. Food for thought.
Could we have issues with rain with new grow acquisition as Arizona is graphically in the same area. If so, that could change everything. I live in ar to the East and really never thought about this.
However, someone said stores are very well supplied so that is very positive
Yes but we need to take them out of the equation as they are one time costs. Also exactly what you said could/should improve margins. Taking out special charges going to call for $34.2 mil revenues and .08 earnings. I would call for .09 but believe we have about 2 million more shares. Any other thoughts for Monday anyone?
Mso's will report better earning but continues losses. TCNNF will report great earnings but I believe next week. Will see merger activity strong in the coming months. Is it possible for shwz to report a loss on a quisition costs?
Yes that too is possible. I just believe something grandiose is happening. Way to quiet.
Why not have his cake and eat it. Get premium pps buyout by an mso and bring on his team with more incentives for the team. The guy is seriously could control Co. and impliment his grandiose plan much quicker. Not saying it will happen but seems very possible as this team brings so much to the table.
What is shwz worth to a competitor? Serious question and what would Dye accept? Really believe we are headed that way. Of course imo. Thinking out of the box. TCNNF or a big mso has to be looking as Co. market is big.
That is why access to capital and critical mass is so essential. We need more dispensaries asap and banking laws enacted
The earnings alone will be the impetus for where we are headed. If we get .08-.10earnings as projected we move sharply higher. Remember earnings are projected at .54 by one analyst and $1.30 by another. The earnings are key. With a good report volume should increase huge.
P S what I do not understand is how these politicians continuously do nothing with the laws and let Canadian companies get the unfair advantage.
Up up we go. Consolidation is over!
Probably JH. A far as Hoop talking about the $1.70 buying a few weeks ago really not much volume at the lows as doing a flip occurred above the $2.20 range IMO. Regardless I believe we can all agree this is a gem and top notch management. Beyond that we all have opinions and just that opinions and speculation. We are golden once earnings come out.
So true. A gem as far as reality.
Currently would only buy tcnnf and shwz. Both will have great earnings while many mso's will have smaller losses but losses just the same.
Last 3 days seller is back. These interviews are very positive overall and with such a small investor base it has to be AW or JH once again selling. Earnings will be exceptional. Can-t wait
Probably a little bump on earnings and then flat until something newsworthy comes out such as banking bill etc.
Good reply. I am a strong believer and want more news. Yes it requires patience and with profitable operations it is baffling as obviously everything is going right but yet stagnant pps. New news acquisition would be great imo.
All of these dog and pony shows are great make no mistake as we are getting more eyes on this. In no way am I knocking this. However, the fact remains we are really not knowing anymore than we did since the last deals have been announced. We know we are growing and going deep in Colorado. We know their is no exit plan. We know the pipeline is full of possible acquisitions going forward. While I believe these dog and pony shows are essential but really it would be so good to get a little more of the carrot to keep the investor interest up with the old timers. In no way way am I knocking these conferences as we need to get the word out but wouldn't it be nice to just dangle the carrot a little more as many investors are nothing more than us old timers adding from what we already know.
PS From what we do know who would have thought 6 months ago after the completion of Star Buds we would be hovering at $2 and profitable? Certainly not me. I for one believe we will become an acquisition target much sooner than later. Unfortunately we are not for sale but will undoubtedly add more exposure than all the dog and pony shows added up.
Dye talked about another analyst coming or so he says. Obviously someone is accumulating shares. The buys 9ver sells is becoming very clear. Dye is now in full swing telling the story. Tells me he needs the pps higher as equity will be part of the deal. Tea leaves...
PS I believe Purplebee's is the internal growth mentioned and they blow it out of the park this Q.