Replies to post #411 on JohnCM Investment Corner

[JohnCM]

Adjusted EBITDA of $6.2 Million

Gross margin 29% of revenue

With the sales of vape equipment and finished oil, you can understand the slimmer profit margin

Net income ($1.579) Million

Dang near break even. This is huge. Not too many Cannabis companies reporting a profit (Trulieve, Cresco, etc)

[happyglass]

One interesting note, Curaleaf which is touted as an industry leader has a balance sheet that looks just as crappy and it is trading at $17 lol! This is a wee baby industry.