GREY:CBICF - Post by User
Comment by
blueboyon Aug 23, 2018 10:54pm
219 Views
Post# 28509771
RE:Quarterly earnings expectations
RE:Quarterly earnings expectations
While I expect very good revenues for Q1, your $16 million number is at the high end of my expectations (while you say it is at the low end of yours). First of all, I believe the 4th dispensary was already part of the revenues in March, but it IS true that now that it has been open for a few months, its revenues should be higher.
While I agree that monthly revenues from Arizona SHOULD be around $5 million per month, I am being conservative and only counting on $4 million per month. Even with NO revenues at all coming from Nevada (and there should be at least SOME), that puts my low-end quarterly revenue number at $12 million.
Even that is a 50% gain from the $8 million last reported quarter, and that is pretty great revenue growth. If the Q1 revenue number is closer to your $16 million number, then all the better...
BB