AI
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Tuesday, January 31, 2017 11:27:18 AM
Here is the part that excites me the most...it involved medicinal dispensaries coming in alternative med clinics....in other words a dispensing pharmacy to be part of the clinics.
back to painting wall 2....i hate painting....but love NWAV
"Significant opportunity exists beyond this we believe," said Weber. "To reiterate, our 2017 clinic opening estimates do not contemplate or include the potential to expand into additional existing states that are friendly to alternative medical clinics nor does it include states that have initiatives pending on upcoming ballots that could positively expand our growth potential."
Looking at the Pao Group Inc. Logo in the link I provided below...there is something really indicative of this logo that shows that medicinal cannabis will be a large part of these clinics. Notice the “green cross” in the center. That is the universal symbol and signifies the location of medical cannabis dispensary and or prescribing doctor.
The company believes that demand for services in new markets such as Ohio will experience high growth and increased demand based upon historical data from states that have a more mature marketplace. In mature marketplaces, most clinics are open six (6) days per week and have 300+/- patient visits per week on average. A typical clinic has at least a week to 10 day waiting list and the average clinic charges $200 per visit. As an industry generalization, individual clinic locations can generate revenues of $2.5mm+ per year. Weber concluded by stating, "We believe these industry revenue projections are conservative and very achievable. We are very optimistic about the future and look forward to providing regular, ongoing company updates."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=128284927
back to painting wall 2....i hate painting....but love NWAV
"Significant opportunity exists beyond this we believe," said Weber. "To reiterate, our 2017 clinic opening estimates do not contemplate or include the potential to expand into additional existing states that are friendly to alternative medical clinics nor does it include states that have initiatives pending on upcoming ballots that could positively expand our growth potential."
Looking at the Pao Group Inc. Logo in the link I provided below...there is something really indicative of this logo that shows that medicinal cannabis will be a large part of these clinics. Notice the “green cross” in the center. That is the universal symbol and signifies the location of medical cannabis dispensary and or prescribing doctor.
The company believes that demand for services in new markets such as Ohio will experience high growth and increased demand based upon historical data from states that have a more mature marketplace. In mature marketplaces, most clinics are open six (6) days per week and have 300+/- patient visits per week on average. A typical clinic has at least a week to 10 day waiting list and the average clinic charges $200 per visit. As an industry generalization, individual clinic locations can generate revenues of $2.5mm+ per year. Weber concluded by stating, "We believe these industry revenue projections are conservative and very achievable. We are very optimistic about the future and look forward to providing regular, ongoing company updates."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=128284927
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