NAC plans to have 40 operational cannabis stores by the end of 2019, and 110 stores by 2020. That means 17 more store opening PR's this year, and 85 more PR's in 2020.
If they can open 17 more stores by the end of the year we should see a flurry of grand opening PR's starting soon, and a ton more in 2020.
Plus PR's on quarterly earnings that should rapidly increase as new stores open. Then there's the surprise PR's like partnerships and acquisitions.
NAC has been opening store after store just like they promised. That builds confidence that they will continue to do so. These upcoming PR's about store openings should drive the SP higher as each new revenue stream comes online.
There are plenty of high priced cannabis stocks with potential, few with the revenue to back it up. NAC is now a Top 5 cannabis revenue producer in Canada. Ahead of much higher priced stocks like CannTrust, Hexo, & Supreme. Severely undervalued based on comparative revenues.
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