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Bedrocan Cannabis Corp. V.BED



TSXV:BED - Post by User

Comment by PotStockeron Apr 24, 2015 2:36pm
119 Views
Post# 23662081

RE:Take a look at south for recreational pot price

RE:Take a look at south for recreational pot price
PotStocker wrote:

600K$ revenue for 2014 Q4.

That was hard.


To support my claim above, you may find out lot of clues from bedrocan website.

1, In Nov 2014, Bedrocan has reached 1 million$ import. Because of the margain for bedrocan is about 30%, so this represents sales revenue 1.53M$. And Bedrocan has 240KG import permit started from Dec 23rd.

For 2014 Q4 earning, you can use 1.53M - Q3-Q2 -Q1 sales, then you will have the number. If that number is close to 600K$, then Bedrocan is on track of breakeven at 2015 Q4.

The chance for Bedrocan to miss the breakeven target is less than 1%
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