InvestorsHub Logo
Followers 6
Posts 949
Boards Moderated 0
Alias Born 08/06/2010

Re: Mygolfballs post# 97

Friday, 03/05/2021 12:26:06 PM

Friday, March 05, 2021 12:26:06 PM

Post# of 123
Seems like they are still building their business to their vision of what full capacity would be for Rubicon Organics. So cash flow positive may not be for a little while yet. Sales numbers and how their sales rank in the premium organic cannabis market I feel are more important numbers at the moment. If they can consistently put out premium products that people desire and consistently rank in the top 3 of premium cannabis products sold, profitability will be the by product. I would think they are going to keep investing back into the company for quite some time yet. I still feel the cannabis industry is only a little past infancy. It may be past the toddler stage, and now an actual child, but still a ways to go to be in the adolescent stage. Like the saying goes, “if you build it they will come”. If they keep turning out the best premium organic cannabis in Canada, they will continue to demand premium prices and in turn continue to have growing sales numbers.