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MYM Nutraceuticals Inc MYMMF

Healthcare Drug Manufacturers - Major
MYM Nutraceuticals Inc is a Canada based company engaged in the business of acquiring and developing natural remedies. The company is focused on the medical marijuana business by producing cannabis growing facilities and products.


GREY:MYMMF - Post by User

MYM Nutraceuticals Inc
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Comment by Oldsquireon Mar 05, 2018 3:33pm
92 Views
Post# 27663289

RE:RE:RE:NEWS

RE:RE:RE:NEWS
Was reading it off of the financials,,, maybe I mis-interpreted it? The weighted average cost per gram1 before shipping and fulfillment was $1.25 per gram as compared to $1.27 per gram in the first quarter of fiscal 2018 and $1.70 per gram in the second quarter of fiscal 2017. The cost per gram also reflects value-add processing for cannabis oils and sector-exclusive Softgel capsules, both carrying significantly higher margins than dried flower product. The weighted average cost per gram to the point of harvest fell to only $0.72 per gram, the fifth consecutive quarter when the cost to the point of harvest was less than $1 per gram and declined from the previous quarter. https://www.newswire.ca/news-releases/canopy-growth-corporation-reports-second-quarter-fiscal-2018-financial-results-as-it-expands-infrastructure-for-canadian-and-international-markets-657420813.html
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