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Wednesday, September 13, 2017 2:44:37 PM
If opening 4 dispensaries, expanding eg super leaf, and rec mj being approved in the states you operate in does not make an impact on the pps i do not what ever will.
I certainly do not think quarter 3 results will do much to the pps. I think it will spike alittle because of flippers and dilute back down as usual. It will probably end the year 10% to 20% better than last year for metrics purposes.
They will never break their formula. It is free money. All the criminals have to do is throw some crumbs to the floor once or twice a year and you all praise them.
They gained soon to be 6 dispensary cash cows....for life off dilution and toxic financing. Why stop now?
They may get 1 more dispensary , maybe 2 tops. They will not spend the amount of money spent on Blume OAK again. They needed Blum OAK desperately..and is why Derek gave away so much to get it.
I think the reason for the new hire is to totally hit the road and try and sell ivxx. Which has not been expanding well beyond blum the last few years.
So i think they have a nice little branded package to sell if they can get ivxx to grow. I personally do not see ivxx doing anything outside blum, unless they just start giving it away for half price or offereing spiffs on each sold. Way too much competition in strains....the corporate packaging doesnt mean shat to mj buyers, and might actually turn most hipsters off.
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