OTCPK:CADMF - Post by User
Comment by
dart321on Sep 21, 2019 10:35am
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Post# 30151286
RE:News, but not new
RE:News, but not newNo but it gives us huge info, it shows their sales with just 6 stores from the april/june quarter. They managed a profit margin of 39% by buying wholesale and selling retail. We know that their stores will be online within a few months 13 in all. So now we look at what that profit margin is going to be now that we grow, manufacture and sell it through our own stores. We go from 6 stores buying wholesale to 13 stores growing producing and selling. If they did 4 mil buying wholesales and selling retail in 6 stores with a 39% profit margin I thing it's pretty safe to say the margins will be 75% and sales in 13 stores would be somewhere in the 10 mil range for the oct/dec q. Now add sales from white label products from California, P Rico and the CBD sales to Happy Tea and Europe and we see sales exploding in the Oct/DEC q. It's all there in black and white if you only know how to look.