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48North Cannabis Corp. NCNNF



GREY:NCNNF - Post by User

Comment by xelanitramon May 01, 2019 12:54pm
123 Views
Post# 29695700

RE:My expectation for Q3 ended on March 31 published on May 21

RE:My expectation for Q3 ended on March 31 published on May 21Your $3.6MM may be possible if DelShen was brought to full capacity of 625Kg/Quarter, with sale price of $5.75/g. This seems very feasible, but they may also deliberately spread revenue to show increase next quarter too, until G&G facility is contributing to increasing revs. I have a position, so would of course love to see huge increases every quarter. However, it's probably good to note this, to manage expectations. IF (and only if) G&G facility isnt contributing to subsequent quarter revs, then I could see some revenue spreading being done to avoid flat revs next quarter (since DelShen, unless they've found efficiencies or are getting an exceptional price/g will be maxed out around the $3.6MM you suggest - give or take a bit). So, Im tninking, potentially, revs ~$3MM (25% increase)...just potentially/ managing expectations
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