Im liking THC more and more, already producing revenue is a big bonus, and now getting ready for extraction business, this latest ann with securing already established hydro cultivation site, which would bypass the current issue CAN is having with a huge cost to set up new facility. If the license is granted for this site then I would expect a huge rerating.
When I look at other companies like AGH which has half the revenue of THC and AGH has staff costs more than triple that of THC, yet AGHs market cap is around triple that of THC (THC at 64 mill, AGH at 180mill). Really just shows me where THC should really be, especially when they are making solid foundations like they are, not just a smoke and mirror show. Great entries and exciting time to be a holder, only concern for me here is a potential CR as they only have $5.7 mill cash, however if played right, revenure growing, some extraction deals, we could by pass a CR, hopefully managements can do it!
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