Replies to post #3751 on Fiore Cannabais Ltd. (FIORF)

[Believe444]

Thanks for the post fignewton, that's good information to know.

[Believe444]

[LongNDeep2]

I agree...to a certain extent...but massive losses...does more damage.

Health Canada is slowing the Canadian industry...and has been since before legalization. But one can not blame Canopy's going on a billion dollar loss....on Health Canada. While delays in Licensng can slow down expansion plans for a stock....hundreds of million dollars of losses per quarter....does far more damage to a stock. In the case of Canopy....to an industry. If Canopy can't make money....with a $5 billion dollar bank account....who can...? I think that signals to the industry....the industry is not as mature as some thought or hoped.

ACB is still only operating at 10% of capacity. That is a lot of expansion still going on.

The few stocks that are revenue positive....should do fine. It's not how much weed you get to sell....it's how much money can you make....when you do have licenses, facilities and the funds to operate.

Bruce Linton disappointed those people who gave him $5 billion dollars. A lot of people in the industry had faith in Linton....a lot of people had their faith in Linton shaken...when Canopy ousted their founder.

While the licensing backlog in Canada continues to slow some companies chance to prove themselves....few that do have their license...are proving themselves to be profitable. I realize expansion slows profitability...but there is probably a medium...where growth and profitability are closer aligned.

There are a few companies that are becoming revenue positive and profitable...they are not growing the fastest on the industry.....but will impress shareholders far sooner than the companies...whose mission is to grow fast at all costs.

There is a need for Canadian cannabis companies to expand into the U.S. market. We now know that Canopy's pace....was the wrong answer. Putting monumental losses on the Mothership...at least until federal legalization....can get you fired.

It is looking more like ACB's US expansion approach....may be the smarter approach....we shall see.

For the record...BMMJ is now revenue positive....which makes them a lot easier on the parent companies...ACB/AUSA. No one will likely get fired over that investment.

If Citation and ACC can maintain...positive revenues......AUSA/ACB could line up another company...in a great U.S. market....and no one would get fired over it.

U.S. Companies such as Acreage...still losing money...can't be blamed on Health Canada. At the end of the quarters....it's not how big are your losses....it's how much profit was made. The companies with the best margins....will rise to the top.

Canopy spent a lot of money on a U.S. MSO that is still losing money...for a long time. It is going to take a while to turn nearly a billion in losses...into positive revenue...then actual profits.

ACB claims it should be revenue positive this coming Q. Booth and the gang at ACB are looking smarter all the time.

Now that Linton is fired....bringing Rivera here...looks even more brilliant.

GLTA

GET LIHTD...BEFORE THE PARTY...RIVERA DID