CordovaCann Corp. (LVRLF)

[infitvest]

CordovaCann (CSE: CDVA / OTCQB: LVRLF) Completes Sale-Leaseback and Finances Oregon Expansion

Below is commentary credited to ShortmyBaXXs and Max85. Thank you guys!

ShortMyBaXXs
8/4/21, 11:11 AM
$LVRLF
Today's news now sets Cordova up for a flurry of store openings scheduled for as many as 6 in August, effectively doubling the size of the company. Year-End target remains at 18 stores and about a 4x bump in revenues.


Max85
8/4/21, 11:17 AM
$LVRLF
I am continued to be amazed by the deal making ability of Taz. He just made a deal to develop that facility without further diluting the sh base. More good things are coming shortly, imo. At least 4 more stores are opening in August. Let’s see if we get a surprise on the US side either through retail or white label supply deals.


Max85
8/4/21, 01:34 PM
The only mortgage left now is on the WA property. This is great. Basically they are projecting at least a million dollar gross margin or $3 million incremental revenue for now. They have to pay roughly 300k for the lease payment.