RE:Market Share FYI, I bought 7acres pre-rolls and it was dated Sept 4th.
Havent smoked yet.
johnale wrote: So I did get a sneak peak at some reports.
I can confirm we were about 2.5% market share in Q4 (NET of all taxes) - (Im calling 2.56%) OVERALL
Which by extension - moving to 3% overall in July puts us at 17.1% increase in market share - on a market that grew 22.7% for the month of July. (we may have larger overall market share considering quebec is not listed and that is a flower heavy market where in Q3 in flower alone.... we had a 3.2% market share (not including v2.0 products which we had none in Q3)
So I thinks its safe to say we booked at least 3.474 million in revenue in July (REC SALES ONLY NET)
We added another 54 stores july/aug and unknown new lisitings/promotions.
We expanded distribution of highway hash (5.8% market share in alberta) into alberta/bc in august, sativa boost vape into alberta and ontario in august/september, and big expansion of the craft collective strains throughout canada.
rosin also landed in ontario in september as well.
I think even distributing products to 54 new stores, (if we are in 700 stores at the time) - thats an 8% increase in distribution.
So I don't think its insignificant to say we probably continued to increase market share - now its a matter of seeing what the overall market really was.
I think REC alone will be greater than all our revenues from last quarter - then add whatever wholesale on top.
at 12.2 mil in revenue - one analyst has us posting positive ebita for Q1! thats how lean we are.