RE:Edible sales in NBThe Cannabis NB store near me updated there inventory on the Cannabis NB website today.
It appears as though they brought in 4 different products that the were previously sold out of and they got 75 pack of three of them and 60 packs of the 4th.
So that would be an order of 285 packs. If we go with a $4.50 wholesale price that is $1282.50.
I have talked to the staff at this store and know they order weekly. If this is an average order then that is $16,672.50 for a quarter for the one store.
I also looked at the financial statements for Cannabis NB for the quarter ended Dec 31. They gave a breakdown of sales by catagory. There was two weeks of Edible sales and the 20 stores combined for $100,000 in retail sales for edibles. Supply was very limited for those first two weeks and XLY products made up more then 50% of inventory.
Based on those numbers I am guessing XLY will probably have about $1million in edible sales when they report the Q4 numbers. I think $10million in edible sales for Q1 is a low side estimate, with total revenues approaching $15million.