RE:Key take away's from Go Blue's BNN interview.Daredevil1964 wrote: Key take away's
-14% Of black market has been displaced
-81% growing capacity at current demand rate.
-60% of mature market is Edibles beverages and vaping
-October 17 legalization with a 60 day window for approval of MJ 2.0 products by HC.
-End of December distribution and early January on store shelves.
What to watch for in LP you are in vested in.
-Watch the individual shipment growth compared to the industry.
-Sales versus harvest
-Cash versus burn rate.
-Is adjustable EBITDA tracking to positive.
Thanks DD for the summary. I expect APHA has 15% rec marketshare. According to StatsCan rec sales have been about $300M for the last quarter . If APHA has 15% of the market . I expect rec sales to be reported as $45 M on October 15.
If APHA by indications of in store sales is selling out. They are growing/distributing MJ according to their sales. I think their sell thru is very good. I think their inventory is under control.