RE:RE:RE:RE:RE:RE:RE:RE:RE:ACB CEO steps downMan, you got all the right questions for IR John! I'm going to have to buy you a round or four of beer when this company gets up and starts running. Regardless, thank you for sharing your information my good sir! I'll need to digest your numbers for a bit to understand them. What if your Rec numbers are right and they keep Whole-sales as they were last Q at 57%?.... o.0*
ty!
johnale wrote: "Finished goods inventory consist of dried cannabis flower and trim that has been processed and is available for sale. Work in progress inventory consists of harvested cannabis plants that are in the processing stage. Cannabis distillate oil is a liquid cannabis concentrate that may be sold in the wholesale market in its current form or further refined in non-flower consumable products."
from their financials 2 quarters ago. its in there.
the 16 mil in finished goods unsold is mostly trim - confirmed from IR. they held it back for the pre-rolls and oils/vapes future quarters.
work in progress - is about 50/50 flower and trim - so about 3.5 mil flower -
all in all production this q should be about 22.5mil flower (conserv side)
Its hard to determine packaging ability - bc they could run shifts and overtime and 7g vs 3.5g ratios and really push to get product out the door.
My numbers are:
18mil - flower rec sales
1.5 mil - Bliss (cbd/BC sell through was high)
1.5mil - pre rolls/KKE/truverra
2 mil - wholesale
23mil total -
I think if the wholesale market was there - could have seen the 30mil range. But doesn't look like that will be there.