Monday, October 06, 2014 10:49:36 AM
Tweed is projected to grow 22046.22 lbs by end of 2015 . This is equated to about 100 million of annual revenue in just MMJ.
There are no definitive plans to grow more at this time.
CEO has expressed Tweed is looking to expand internationally.
Please read the Q2 sticky and associated links to get a clear synopsis of short term expectations.
Nothing is definitive as there are two legal challenges currently in Canadian courts.
1. Personal growers right to grow. -
*I'm of the opinion that personal growers will not create an impact to the LPs. My reasoning is historical precedence of Alcohol products.
2. Edibles/oils/ext ability to be sold through licensed producers. -
*Tweed current margin is approx. 70%. Should edibles/oils/ext become part of the bottom line we should see those margins go up along with additional revenue streams.
Early 2015 to Mid 2015 is the expected closure of these cases.
There are no definitive plans to grow more at this time.
CEO has expressed Tweed is looking to expand internationally.
Please read the Q2 sticky and associated links to get a clear synopsis of short term expectations.
Nothing is definitive as there are two legal challenges currently in Canadian courts.
1. Personal growers right to grow. -
*I'm of the opinion that personal growers will not create an impact to the LPs. My reasoning is historical precedence of Alcohol products.
2. Edibles/oils/ext ability to be sold through licensed producers. -
*Tweed current margin is approx. 70%. Should edibles/oils/ext become part of the bottom line we should see those margins go up along with additional revenue streams.
Early 2015 to Mid 2015 is the expected closure of these cases.
My week day handle is "EngageFactor".
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