Thursday, September 12, 2019 6:17:04 AM
-Ancaster is finally complete, and Valleyfield phase 1 could be coming online in the next 2-4 weeks.
-They are going from 3000kgs of yearly production to 85,000kgs, a 2735% increase!
-Hempoland (TGOD's profitable subsidiary) has increased production by 686% compared to last year!
They already have huge distribution routes (and working on new ones) to absorb their products - Canada, Mexico, and a vast network in Europe being established by Hempoland.
At this moment, their market cap ($565 million) only reflects their assets, not even factoring any future revenues and outlook!
It is mind blowing how undervalued this company is compared to other LP's. Crunching a few numbers here and I can see why their Ceo Brian Athaide is confident that they will be EBITDA positive in Q1-20.
We are literally months away from a BIG jump in valuation.
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