RE:RE:RE:Any news?@happyinvestor- on the last press release it was stated that Sunniva had stockpiled $5 million worth of extracted distilled oils from Q4, 2018 production to use for brand releases of which the latest $2.4 milllion contract was announced. Assuming Sunniva sells that inventory and half of Q1, 2019 production capacity $6 million, here is what the Q1 2019 should look like:
- wholesale products from extraction: $5m + 3m= $8 million rev.
- assume Canadian revenue & FSD same as 2018 trend: $ 3.8 million
- existing white label contracts ultra conservative: 4 X $300,000= $1.2 million
- LTYR- distribution/branding contracts with 3rd party: 3 X $300,000= $0.9 million
Above total works out to $13.9 million, so to be conservative, 2019 Q1 rev $10.00-$14.00 range.