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Re: Future2016 post# 19803

Wednesday, 03/29/2023 6:16:11 PM

Wednesday, March 29, 2023 6:16:11 PM

Post# of 21275
The Good: The retail side is fully 89% of the current biz. There's where the favorable margins are creating ocf possible in light of a down economy and and despite the fallen wholesale prices of flower (perhaps for the year ahead) M&A activity strong as it has ever been and something to the effect that they are the preferred brand with RGL in NM? Looks like a demand license to build more stores! In CO the situation (economy sans SAFE continues to be a build out as well) I heard more and better opportunities at a lower cost for CAPEX.

The Bad: On write downs (impairment of $8.5MM...looks like MMT Consulting and AW license goes away this year and suspect that will be an item in the June AM. Name? They indicated the wholesale side (legacy MMT Consulting, Big Tomato, and Success Nutrients (suspect 3-A-Light as well) as AW's secret formula is no more.

The Ugly: Not that Doc was listening or cares further, perhaps, but the President and CFO indicated the plan included using ocf to work on debt early as the opportunity allowed or was beneficial. The CEO stated they were in a strong position with options. Ugly in that there is no guidance and they seem a bix perplexed as well after no SAFE. See Good as to what the focus for growth and energy is. No question answered as to further fleshing out the June AM reasons nor any Q as to cross marketing CO-NM at present only branded stores in opposite states to create greater density/loyalty.
Bullish
Bullish

Why do you think they (will continue) call it dope (in '24)?

Try asking the U.S. Government's ubiquitous paymasters --Big Tobacco, Big Pharma, the Cartels, and of course the Chinese!

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