RE:RE:RE:RE:RE:RE:RE:RE:RE:anaylst Agreed joh, but where is is all the fear nonsense coming from besides the nickels...there is no info to base any of it on besides the tel con and the report which are both very positive on the company today and going forward. Beena has laid it all out and is very bullish on profitability in the and moving to full production in the near term....now either she has lost her mind or she is flat out lying and I would suggest both are total bullshite.
The sales came in on the lighter side of what we were seeing from the tracking of product shelved and sold from you and others but no where near the nickel crowd bullshite....Beena bases her info on the facts and up to date info. We knew we were going to be no where close to full prodution numbers for FQ4/20 because they were still completeing the major change in operations to CPG from B2B for one thing....on top of the larger challenge of moving from B2B to creating a nitch for the product to be sold via the retail rec on the shelf and on line.
Moving to the retail rec marketplace from the med side is a major lift, without COVID restrictions and your marketing and shelving stewards H&F little more than able to get more than a weak start....plus the sales for FQ4/20 were in the acceptable range for the period and the state of completion of the move to rec.
From what Beena gleaned from pretty well the entire FQ1/21, as well as the FQ4/20 progress/ numbers, she has updated in the tel con and the report delivered...we are missing the entire current quarter info and have no pertinent info to do anything but speculate...I will stick with Beena and from what I have gleaned so far on her is she is a straight shooter and knows her shite. To take her or the report at anything but face value. on the info available to date, has their collective heads up their azzes or just the usual prattle queen vermin, the nickels.
I the real world...have you picked up enough info on sales and product movement for FQ4/20 to tell what kind of sales we can expect joh? It looks like the $20mil range could be the low for FQ1/21? JMHO...Opt
johnale wrote: So just as a recap stayinvested -
wholesale sales are still there providing some revenues. As well into q1 - I comfirmed they were still open.
We are expecting some good rec growth.
supreme beat your expectations by 18-35% on revenue bc of that wholesale.
operations are leaner than ever.
are you adding to your position?