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Emblem Corp EMMBF

"Emblem Corp is a licensed producer of medical cannabis. It is intended to cultivate and cure cannabis for medicinal use. The group operates in the business segment of production and sale of medical cannabis."


OTCPK:EMMBF - Post by User

Comment by christophwaltzon Apr 19, 2018 12:46am
98 Views
Post# 27909007

RE:RE:Crunching some numbers / Optimism

RE:RE:Crunching some numbers / Optimism

I completely overlooked the fact that GrowWise's contribution from other LP's is considered in their revenue. 

So to be clear, the total revenue from actual sales as of Sept/30/2017 was $438,304 (taken from the MD&A Sept/30/2017).

Thus the equation would be 'X = 0.3(X)+ $438,304'

So quarterly revenue = $626,148.

Indeed, again, the numbers for Dec/31/207 and Mar/31/2018 will come with increases in dried flower sales and the very likely increased GrowWise contribution.

So, I believe it will likely be higher than $626,148 for March. Just trying to be thorough ;)


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