Empire Building 101
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Exactly. Four times per yr. with primo high dollar bud. Guys in Mi. are getting 2_3 lbs. EVERY 3 months in indoor plus Joshua perfected the grow itself. Margins will become very close to TCNNF which are absolutely outstanding.
Regardless we are golden! IMO no way we dont hit $10 within 12 months.
Currently paying about $3.31 a gram. $1,500/452(grams in a lb.)
$500/452=$1.10 a gram
What are joints,grams,and 1/4's selling for? Hopefully everyone gets the picture.
Confused on where you are coming up with 73 acres. Last purchase was 36 acres and this one is 37,000 sq.ft. An acre is 212ft.x212ft. which is approximately 45 sq. ft. Which makes it less than 1 acre. Do I have something wrong or am I missing something,
Looking more and more like the biggest immediate bang for the buck is reducing the cost of buying raw material for $1500 a lb. to growing it for $500 per lb. With the amount bought to achieve 115 mil this year appears to be huge savings going forward. That amounts to $1000 per lb. When you look at the recent q can you imagine where the profits are going 8n 12 months? Looks like retail is the next acquisition based on wiat we are seeing.
Gotta love it. "profitable asset to our platform"
"We are looking forward to adding the Brow team to the growing Schwazze family. This acquisition will add a talented team of growers, high-quality indoor flower cultivation capacity, new strain genetics, and another profitable asset to our platform. The new facility will supply our growing network of dispensaries and customers with a broad assortment of high-quality indoor flower," said Justin Dye, Schwazze's CEO.
Done buying here as I reached my goal. Last purchase at 1.999 i dont know if we hit bottom today but certainly if not very close. To bad we couldn't get an insider buy on the open market.
Just got another 1k under $2. Who would have thought after earnings?
Being a top dog in the sector and profitable it could be possible. Like yourself whether AW,JH, or just a ripple effect as I suspect from the fallout or both as almost all within sector are dropping hard. Regardless my plan is for another 5k this week as SHWZ had a fabulous E.R. and it appears as though they have totally turned the corner. Almost 8k plants already growing from recent acquisition and the better growers are getting 2lbs. per plant. Nothing really matters as I believe we have the golden ticket based on what we know.
Meant her husband.
Still not 100% sure if we have a large seller or if this is the fall out with Kim Rivers(CEO tcnnf)and his corruption charges turning into 5 felony convictions. Lots of criminal activity proven with licences etc. So far she appears to not be involved but she just might be. This could be part of the reason just not sure. Stay tuned.
Here was my confusion as it was stated they have no grows when in fact this purchase brought immediate product coming. This was from the Q/A on earnings transcript.
Nancy Huber
Thanks for that question. We don't give guidance on specific improvement in margins from any specific acquisition. So I can't answer that specifically. But one would expect that we're growing at a significant discount to the price that we're acquiring product from the outside today.
Today we really don't have any grows. And so the margin is basically product that we purchase from third-parties. So one would anticipate that our margins will improve pretty significantly as we bring the SCG products on board.
In addition, we're investing in some hoop houses there to improve our biomass supply. So over the next year you'll see those come online and impact our PurpleBee's margins as well.
Holy crap I missed that when glancing through it. This deal looks like margins will go up nicely q4 and in all reality another under promise over deliver q3 & q4. Will be adding more shares next week as this management is 2nd to no one. Again thx for bringing this to the board's attention but another week or so would have been better lol.
Absolutely a no brainer IMO. However my understanding as far as the grows they are starting fresh. I am assuming that was part of the deal as 38 acres was incredibly cheap. Not sure but thought I red that.
Will definitely try it out. I bought a total of 2100 shares from 2 04-2 17 today. When whomever is done selling(hope Hoop is right) this should run hard to think wholesale we are paying $1500 per lb. and after the last acquisition to $500 per pb. What will that do with margins? Also any idea how long will that take? IMO, q4. Thoughts or opinions welcome
Just got another 700 at 2.045 unbelievable.
grabbed 400 more at 2.12 hopefully the blow off is coming to an end as I am severely over bloated with money in the otc
I added another 1k at 2.18 today. Looks like the sump by either AW or JH continues.
No but going to Indy next month. Heard it was very good. My lawyer friend recommended it
From Indiana myself. Ended up here after 3 transfers job related. Currently living the dream
You saying co. Is a bunch of poop. Please explain as your comment is absurd.
And we are flat to down after yesterday's report. Sad I will go with Buffet and that being buy when no one wants it and sell when everyone wants it
I just bought another 1k at $2.30 Continue to buy as I believe this is a zip code changer.
I can't help myself as this is incredibly cheap and I have said many times no more but then news comes out with another acquisition and now blowout earnings with more to come. GLTA
A little surprised with the volume today and a lack of new posters
Managed to pick up another 2,600 shares today. Closing in on my 100k.
I got my 2k at 2.27 which I really wasn't expecting.
I'm bidding for 2k at 2.27 currently. Would be an awesome buy after earnings. Have a large seller getting out still. I believe previous management.
Did I read that Purplebee's went from $7 Mil q1 to over $9 .mil q2?That is incredible. As I have said they could do close to $35-40 mil alone this year. To think the guy from SA said that acquisition was a joke. I believe that division alone is worth 150-200 mil.
PS I have said and will continue to say that is the golden ticket here.
With the s#@t show going on with TCNNF we will have a slew of new investors after this report. We longs knew all along our management was top notch. I am now currently holding HITI and Shwz. Both have the best management teams top to bottom.
Make no mistake their has been a lot short cuts and under table deals and sooner than later they come to light and then the consequences. SHWZ has experience and morals and that is why this is one of the best of breed whether MSO or
SSO.
As I suspected their was merger costs in q1. We are golden into and thanks for all you add.
Actually a few months ago I questioned all my dd plus what others added. We nailed this and now our little acorn just rooted and ready to grow
Better than I expected especially to the bottom line. Good call Doc. Adding tomorrow as this story is just getting started.
Waiting patiently. I thought after the close before the call.
The reports are coming in as I suspected they would. So far TCNNF and Green Thumb everything else is the same .uch larger te ensures and losing lots of money.
If I am right and our earnings are positive our board is going to light up with new posters
We know what we have here and a miss would only give us a chance to buy more as funds come available. There is better dd on this board for this particular stock than any Anal-lyst can possibly provide without insider info. Under this management they have all spoken with over 40% insider holding and millions they have in ested.
Can hardly wait to hear the results. The article with SA published awhile back obviously had a bone to pick with the new management as Dye was clear they did not meet the criteria set forth by Dye.
He made it very clear old management was much better than Dye. Hid proof being the share price.
Furthermore the guy also said management has over promised and under delivered which under Dye leadership has not happened. So far he has delivered on everything he has promised. Time for this story to unfold.
I believe costs are included as they are incurred under administrative. My reasoning is if an acquisition did not close they would be booked as an expense in the current or. and when completed a total cost for the acquisition
Yes it should be a great q. with StarBuds completed 8n Q1. Can't wait to here about purplebee's as they did $7 mil q1
Hope you are right with $30+ Mil revenues. Personally I believe a tad over $29mil and net profits of a penny a share. However their will probably be expenses from a quisition that will show a loss. Again calling for net profits. Any and all guesstimates welcome. Gap up tuesday
Green Thumb had good earnings and the pps reflects that today. IMO this is going to be the norm going forward. Honestly I was not impressed with CURLF at all. Improved losses are good but still a loss. Current market in this industry is not going to pay for tomorrow's earnings. I believe TCNNF will also be very good. I believe after currently looking at everything SHWZ shows a profit which very very few will do this Q let alone the whole year.
Yes it is but still a metric that can be used and gain some meaningful insight.
Good post. Based on this we will be able to see if the sales trend is intact with state numbers. Hopefully we are doing better than the 4.5% state increase