Post by
HappyFlowers25 on Oct 29, 2020 9:12am
Re WMD,my estimates for Cumulative Q3 and Q4 of 2020
------For the nine months ended September 30, 2020, WeedMD could record net sales of $ 26.0 million +/- $ 1.0 million compared to $ 8.0 million for the same period of 2019. Due to its association with other partners and improved cannabis sales in various Canadian provinces, there is a possibility that WeedMD will achieve net sales of $ 36 million +/- $ 1.0 million. Net sales for 2019 had been $ 20.8 million.+---------------------------------------------NOTE : however...I could be wrong.
Comment by
HappyFlowers25 on Oct 29, 2020 9:23am
(estimate) net sale of $36.0million +/- $1 million is for Q4 representing 12 months of 2020.....sorry
Comment by
shenry24 on Oct 30, 2020 10:41am
I'm far more interested in Net Revenue than I am in Sales this time around. Make more, spend more has been the trend...that doesn't build equity. I understand this is necessary to get as far as they have, thus far, but patience is running thin...they've spent enough money, I'm ready to see the results that should start them in the cash positive VERY soon.