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Bullboard - Stock Discussion Forum Bhang Inc. C.BHNG

Alternate Symbol(s):  BHNGF

Bhang Inc. is a Canada-based consumer packaged goods company. The Company’s products include Milk Chocolate, Ice Milk Chocolate, Caramel Mocha Milk Chocolate, Cherries & Cream Milk Chocolate, Caramel Dark Chocolate, Dark Chocolate, Fire Dark Chocolate, Blueberry Dark Chocolate, Fried Chicken & Cola Dark Chocolate, Toffee & Salt Dark Chocolate, Italian Espresso Dark Chocolate, Cookies & Cream... see more

CSE:BHNG - Post Discussion

Bhang Inc. > #1 selling edible in ontario. Only 4 million market cap??!!
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Post by Tradertimestwo on Jun 08, 2020 11:42pm

#1 selling edible in ontario. Only 4 million market cap??!!

From Indivas press release: Bhang Chocolate sales totaled $1.6 million of Indivas sales. On March 31, 2020, Bhang Milk and Dark Chocolate were the number one and number two SKUs in the Ontario Cannabis Stores edibles category by dollars and unit sales. Across the three categories in which Indiva competes, namely, edibles, pre-rolls and capsules, Bhang Milk Chocolate was the number one SKU measured by dollars and units in Ontario.
Comment by Benedictus on Jun 09, 2020 12:57am
Lack of news and financial update is definitely hurting the sp. and while the indiva rollout appears to be very successful so far, I believe their margins in the US are hemorrhaging. I'm starting to think bhangs best bet will be to hopefully let themselves get swallowed by a big house of brands operator that has complete control of its supply chain and can operate at scale. The niche that ...more  
Comment by Tradertimestwo on Jun 09, 2020 1:03am
Agreed. But hoping all these years in business for Bhang has taught them to be good at keeping profitable margins and that they have a strategy through partnerships to reclaim some shareholder value!
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