RE:RE:RE:Average orders per day now at 1137Chacen for President! Thanks mang, been a while since we've heard from you. I'm encouraged by the stabilization of the order numbers, and think we'll see a nice gradual uptrend of the same as time goes on, especially considering the increasing consistency of product availablility. And really, we're like, 6-8 months away from rec sales. I suspect we'll see a substantial uptick in order numbers at that point, which will throw a real F into our projections. ;D
ChacenAces wrote: I haven't broken into that yet but a few points to consider which I think are very positive given that it is looking more and more like we could see Royal Accent, and thus mail order rec well before July of next year.
1) I check lot release dates randomly but enough to get a feel for the cycles. The store is now showing pretty consistently lots for sale that were released 5 to 7 months prior tonhittingbthe shelf. This is exactly what you want. To stay on top and increase market share an LP needs to be selling today what it grew at least one but preferably two quarters ago. In this fashion you keep selection high to onboard new patients while loading inventory for future rec and wholesale supply deals.
2) Its after croptober where we will see massive gains on inventory as the full Niagra greenhouse crop shows up.
Free55dom wrote: Chace, thanks for all the hard work. Anyone want to take a stab at how much added inventory will be put in the vaults for Q2. My guess would be approx 2100kg sold and 2100-3600kg added to inventory? I think production has ramped up Q2.
We are lisenced to produce 32,000kg a year, not sure if that has been increased. That means we should be able to produce 8000kg per Q, This is what we need to start seeing in order to prove the company can expand quik enough to meet rec demand. JMO
GLTA,
Free55dom
ChacenAces wrote: Average orders per day now sitting at 1137 for Q3/18. This has ramped up from the begining of the Q and is now essentially on pace with the previous Q2/18 which ended with an 1138 a erage per day. At this pace we should see a further ramp up by the end of the Q.
Ask and ye shall recieve Buck ;)
Here is the spread sheets for the last 2 quarters:
Canopy Average Orders Spreadsheets