RE:Expectations pipefighter wrote:
Canopy Growth: CA$214.6 million loss
Aurora Cannabis: CA$111.9 million loss
Tilray: CA$26.3 million loss
Aphria: CA$10.4 million loss
Auxly Cannabis Group: CA$10.3 million loss
The Green Organic Dutchman: CA$9.8 million loss
Cronos Group: CA$4.9 million loss
TGOD hasn"t sold a gram yet!
Tilray will have minimal production until 2020 - 2021
Auxly I found on their Investors presentation :
https://auxly.com/wp-content/themes/auxly2018/media/Auxly_Deck.pdf
Page 15 of 33
Says they currently have production of 960 kgs. LOL>
2019 they expect too have 53,000 kgs
2020 - 140,000 kgs.
2021 - 170,000 kgs.
What I am getting at is alot of the companies above will not have any sizeable production numbers until early 2020 - 2021 most likely.
And even if Canopy and Aurora have production numbers say in the 225,000 kgs per year late, late 2019. I project that given their losses of say Canopy $215 million and Aurora"s loss of $112 million it will take them quite awhile too become cash flow positive. most likely until sometime 1st or 2nd quarter 2020.
Us we will be cash flow positive, big time by mid next year.
if you want sales levels for most of those above for Breakeven Net Operating Profit and Breakeven EBITDA my latest Tilray Rundown has graphs for each.
https://thecannalysts.blog/tilray-3q-f2018-rundown-sept-30-2018/ goblue