RE:RE:RE:RE:ComparablesAgreed joh, they have plenty of sales demand with current retail outlets but will need more as sales volume increases. Guidance will require a substantial increase in overall production from here on. The in-house packaging is going to be a big game changer especially as production nears capacity....you feel packaging is well north of 50% by now?
The KKE oil is very fine and will do well, we should see KKherb soon, I thought this quarter if memory serves? They have shelved 7gm and 3.5gm options that I have seen and more the 7gm, or 7.5gm, packaging is the way to go for as much as possible, as they will get more product out faster and sales volume should increase at a better rate.
They are going to need closer to $30mil for current quarter if they are going to meet guidance unless we are going to see $40-50mil in both FQ3&4. Which ever way you slice it there is going to some big changes coming and sooner rather than later and with the 12mil of warrents to expire in 2wks it looks like a holly jolly festive season for those that own, JMHO...Opt
johnale wrote: From my understanding - FIRE sells all their supply - and have had 0 product returns or issues (see md and a).
i don't think more stores is a fire issue.
they had been selling 70% wholesale up to now - and I think their packaging capacity is limiting their distribution. They are down to about 50/50 as of last quarter.
they started pumping out more flower through 7.5g offerings.
They had 5778 g flower thrown into inventory. 1/2 flower 1/2 trim
they had 34000 plants at 144g/plant 66% complete
I think they should have about 35 mil + of straight flower available to sell this quarter.
how much they pump out to provinces I guess we'll see. How much they keep for inventory for q3 we'll see.
flower/oils bliss, Truverra - I'm gonna hope 20-30mil - we'll see