XLY edible productsXLY products continue to sell out. I have checked OCS and Cannabis NB sites regularly and any time they get more product in they sell out quickly. They still have about 40% of the products on OSC and 50% in NB. The numbrs are similar in other provinces, but I have not been watching those sites closely to see when new shipments arrive and how long it takes for them to sell out.
So it is safe to say the XLY have been able to and continues to sell 100% of its products as soon as quickly as they can make them.
Now the big question becomes how quickly are they making them. I know that they continue to hire more staff at Dosecann and the staff they have are working a lot of OT hours. The video they put out shows some automation but also seem to be a good about of human labour in the process as well.
I have tried to find out some info on the production capicity but I have not been able to find any numbers yet.
Anyone have any speculation on how much product Dosecan and Kolab and actually making?
There are about 400 physical stores in Canada excluding Quebec that they are suppling, plus the online stores for about 10 weeks. Stores seem to recieve shipments weekly so if they shipped 1 case of each product to each store each week that would be 44000 cases.
I have read that cases typically have 12-24 single packages each so lets say 18. That makes 792,000 single packs. The retail price is on average about $7.50 per pack, so let's say the wholesale at $4.50 per pack. That would be $3.564 million. Could they be shipping 2 or 3 cases to each store each week? How much product are the online stores getting? I really hope they give us some info on sales for Q1 when the have the Q4 financials come out, if not we are going to have to wait until the end of May to get a true picture of what sales have been like.