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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 Oct 29, 2022 1:17pm
193 Views
Post# 35057800

More Research

More ResearchThe way you estimate their sale is by taking the percentage penetration number of each beverage multiply that by the number of store to get how many store each beverage is in then take each number for each beverage and multiply that by 3 the average sales per day of all products offered in all stores by all companies. So for ontario strawberry kiwi is in 1035 stores time the average for all beverages which is 3 per day 1035x3=3105 per day or 91,050 per month. Now use the same multipling numbers for each beverage to get a very close estimate of their sales in ontario. What I do is get the number of stores each product is in add that up then multiply by 3 to get the daily number then by 30 to get the monthly number which comes out to sales in ontario of 528,480 for the month of november. Then to double check you look at the market share they have and total beverage sales in ontario to confirm the percentage market share with estimated sales. It's a bit of work but don't you like to kow what your investment is doing, I do.
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