Thursday, October 14, 2021 11:28:50 AM
Still, they missed my number too.
With all of the announcements, I was hoping for more. Their client contracts turn out to be piddling little things. They are going to need a lot more customers, or at least a few of their customers need to "hit-it".
LYF Food Technologies Inc. has to produce so much more.
They are competing with INDIVA, another peanut of an edibles company I owe, but they are capturing about 50% of the Canadian edibles market.
That said, that means that LYF is producing very little, and leaves me wondering how the acquisition is accretive.
We're still waiting on a permit announcement for the Toronto beverage facility. That should help, but it's not as if revenues will double when they get it.
Everything is waiting on "ramp-up" and USA legalization.
Green Roads will turn into a monster upon USA legalization.
I am holding my7 shares.
If the PPS slips back into the low $1.50's or $1.40's I will consider adding.
If USA legalization shows any signs of life, I will consider adding.
I'm not happy, but it is what it is.
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