RE:RE:Financals are out on sedar ! Seems a little disappointing to me so far. The numbers aren’t what I was expecting because the ceo said in an interview that they did something like 3.6 mil in sales in January alone which should have given them at least 20 mil in revenue for 7 months but only posted 6.9.
also trying to understand their business model in Washington. So far what I make of it is that cannex owns the buildings and brands but not the actual marijuana which is sold by someone else (maybe because they’re a Canadian company so trying to sell a federally illegal drug). So then was that monthly sales figure for the company that sells the marijuana and not actually cannex? If so that seems pretty misleading to me.
All in all im still planning on holding for the next while. Probably won’t buy any more though at least until the jetty deal closes because they seem to be taking forever to get that done as well