TSXV:NSP.H - Post by User
Comment by
Rock34on Nov 09, 2016 8:53am
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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.