RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:ACB CEO steps downIt is just speculation joh but with the changes in direction, Moore moving into the Pres chair and interim in the CEO slot, the bold guidance given along with the BMO LOC and Griese coming on board, they are not there for Tiddly Winks...they have also reaffirmed guidance all along, with this group I don't see them just pulling numbers out of their azz, there is enough experience there in all aspects of what they are dealing with to be quite accurate, while very important to not over promise and under deliver.
They have taken new shelf space in both Que and on the East coast plus planned stocking/ restocking shelves across the rest of the country...again the product sold and moved depends on the level of completedness of the packaging.
On the B2B sales, you are just saying that the sales for the period would be better because they would move that much more product while getting the packaging up to speed, is this correct?....or would you rather they stick with the B2B format?
With guidance backend loaded whatever they don't do last quarter they will do this quarter and next, but whatever the case they will be well within the $120- $180mil range for the period given and I think on the higher end of the range, barring any unforseen problems. They will be pumping out more than $40mil per quarter by FQ2/21, JMHO...Opt
johnale wrote: You might be right OPT -
earnings could be closer to 30mil -
they may have run 2 lines through October (more manual) - before replacing one with the 12k line.
as they replaced the one 3k line with a 12k line in Jan.
if so they may have been able to pump out that 10mil in flower - then the rest of the production.
for me it's about wholesale - was it there or not.
If it was - then the number will be very good. If not - then decent
but.... right now they are pumping out the equivalent of 40mil flower in the rec market. let's let that sink in - (guidance)