RE:RE:RE:Aphria and Orgainigram report earning this wk comingThe virus may have caused a desirable effect as it may have created:
- An overall higher demand for cannabis products due to people to cope with quarantine and anxiety
- People switching from black market to "trusted" licensed producers due to fear of contaminated product (the latter having strict HC mandated quality control practices)
- Companies with cash will outlast those in trouble (i.e. ACB, HEXO, TRST, etc) which will result in accelerated increases in market share to fill in the supply gaps as these companies drop off
I agree $100M is not achievable in the current fiscal year, but may realistic over the next cumulative 4 quarters.
jfogarty12 wrote: opt;
optimism is great but 40 million Revenue
sounds about right for the year! to make the revenue
list provided ....Fire needs a minimum of 12 million
personally, 20 million SALES would be fantastic and show
investors that they have finally arrived ....
these forecasts of 100 million you call them guidance
well YOU CAN TOSS THEM INTO THE "GREEN RIVER!" or
bet yet toss them out the closest window ...ain't happening!!
the Virus has changed all that