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Naturally Splendid Enterprises Ltd V.NSP.H

Alternate Symbol(s):  NSPDF

Naturally Splendid Enterprises Ltd. is a Canada-based company, which develops and distributes healthy lifestyle foods and products. The Company owns Prosnack Natural Foods Inc. (Prosnack Natural Foods), a food manufacturing facility. Prosnack Natural Foods focusses on nutritional bars, Chii Naturally Pure Hemp, which is a retail line of hemp food products, while Pawsitive FX is a line of all natural balms for dogs. The Company has also developed technologies for the extraction of healthy omega three and six oils, as well as a protein concentrate from hemp. It focuses on manufacturing and distributing an extensive line of plant-based, meat-alternative entrees. It offers functional foods under brands, such as Natera Sport, Natera Hemp Foods, CHII and Elevate Me.


TSXV:NSP.H - Post by User

Comment by Rock34on Nov 09, 2016 8:53am
204 Views
Post# 25440572

RE:Q3 in 2.5 weeks.

RE:Q3 in 2.5 weeks.

 

I think you need to temper expectations for Q3 this year.  Based on my DD (and others on here who I connect with regularly) the entire Hemp industry ran short of supply early in Q3 and all Hemp companies were stuck waiting for the 2016 crop to be harvested in September.  So although the demand was still high, the supply was low.  When you have nothing to sell, sales don’t usually go as well.  With that said, I still expect it to be a very solid quarter, somewhere between Q1 and Q2 results with Q4 lining up to be our best quarter ever now that supply is back, demand is pent up and we have cash in the bank.  This is all based on my DD and industry observations so take it for what its worth, just one mans opinion.


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