RE:RE:RE:RE:RE:It's not about Tweed vs. Bedrocan Vs. Mettrum vs. also rans-at the moment they can't produce enough, 7 500 000g per year... Tweed reports that their average price is around 8$/g. So this barely make 60M$ in revenue. If you calculate the ratio of sales to gross margin, it's around 36.2%, which would make for a 60M$ revenue, only 21.72M$ in gross profit.
12 months period of 2014, General and Administration expenses : 3,758,690$
12 months period of 2014, Sales and marketing expenses : 1,994,521$
Sales : 1,145,662$
Cost of goods : 731,313$
Loss from operations : (7,737,103$)
Net loss per share, basic and diluated : $(0.30)
Those numbers are way too high... I don't get why they would have that much expenses in Administration and Sales and Marketing, when their sales are below 1.5M$...
what you think??