GREY:SNNVF - Post by User
Comment by
sunrizeon Jan 07, 2019 12:05am
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Post# 29193424
RE:SNN Revenue
RE:SNN RevenueIt's a good start. However, I am cautiously optimistic about the sales piece. What really matters is the profit margin on those secured sales. Revenue from the supply agreement with Canopy? That is miles and miles away. According to management, they are working on the agreement.
EquityInvest wrote: The closing of LYTR acquisition, securing US $2.4M product sales, spin-off of US company in progress - all contributed to last week's sp run. I'm hoping that SNN will continue to realize increased sales of high-margin products to eliminate the need for another pp and finish the facility construction on time.
Another unaccounted for revenue is from the supply agreement with Canopy. I have not seen any update on this. Does anyone on Board know the status of this agreement (is it still active)?
Thank you in advance.
EI