RE:RE:RE:Been starting to buy againHIP included revenue from September in their financials and it turned out to be about 20% of total revenue was the amount shipped to provinces. So I think it's prudent to be conservative in expectations as Bruce did say it was only a test shipment that they sent in September. He also said he didnt know how much they actually needed until early October. my estimate for revs is $35-40M. I will be happily surprised if it's more!
Walkingzombie1 wrote: I think we'll be pleasantly surprised with Q2 results. The revenue would be good to fantastic, depending on how much they shipped in September and to who. Medical use should be $28M to $30M. Recrational use depends on the shipment in September and it could be anywhere from $22M to $60M. One difficulty in estimating the recreational revenue is that only the products shipped to third parties would count as revenue, not the products shipped to Canopy's own retail stores including HIKU since it is a wholly owned subsidiary.
But the more important info would be the discussion and projections for the next Q's and next full year. Again, I believe we would be pleasantly surprised. With Canopy's immense production footage and the fact that the producers can likely sell all the products, recreational MJ revenue for Canopy can be as high as a billion dollar a year; and that's before any edibles and drinks. JMO GLTA
PrZinvesting wrote:
i am sure Bruce is keeping someting for the earnings next week, canopy has the most supplies outa all lps out there this will show in the following reports