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Molecule Holdings Inc C.MLCL

Alternate Symbol(s):  EVRRF

Molecule Holdings Inc. is a Canada-based licensed producer engaged in creating cannabis-infused beverages (CIBs) for the Canadian market. The Company operates through one segment being the production and co-packing CIBs. The Company produces drinks to provide opportunity and choice for people seeking a convenient and social way to consume cannabis. Its brands include PHRESH, embody, CANAJO and KLON. It is also focused on growing both its portfolio, and the overall cannabis beverage market.


CSE:MLCL - Post by User

Post by dart321on Jun 26, 2022 2:15pm
218 Views
Post# 34783217

This weeks financials

This weeks financialslet's try and make some educated guesstimates on sales for these financials due out by the end of this week. For two thirds of these financials they had 1 beverage with sales for the total three months and an additional 7 for one month, plus some B.C. sales of Canajo. Strawberry Kiwi was in the process of establishment and had an average penetration of 35% duing this period, the 7 new beverages started selling April 5th to they had 25 days in the market same goes for Canajo in B.C. the two beverages we seen during that 25 day period with strong initial sales in Ontario where Summer Punch and Pineapple Express with a bit of success with Canajo in B.C so let's look at the sales numbers. Strawberry Kiwi was gaining market share for most of the period in Ontario so we asign a 5 unit per day of sales to 35% of 1800 stores at that time, 630x5= 3150 per day 90 days = 283500 units likely sold for the period. The numbers for the additional 7 beverages for the 25 days are a guess only so we add an additional estimate of 60,000 units for this financial bringing the total sales to 343,500 units for the 90 days, times this by $3.35 ( company indicated selling price ) and we get $1,150,000 in sales for this reporting period if they sold each unit for $3.35 and how much the company will front load the next Quarter. I suspect there may be deals duing the period which would bring the totals down. It's important to note next Quarters sales numbers will see all beverages have the full quarter of sales and have seen an explosion in their penetration numbers. for the Q we are in now.
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