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Westleaf Inc. WSLFF

Westleaf is a Canadian cannabis company focused on cannabis brands, extraction and production of derivatives, wholly owned retail, as well as cannabis cultivation. The Company’s extraction and processing facility, The Plant, will produce high quality and consistent cannabis derivatives and consumables, both for Westleaf’s in-house brands as well as white label products. Westleaf’s retail concept, Prairie Records, leverages the instinctual tie between recreational cannabis and music.


GREY:WSLFF - Post by User

Comment by forfunon Feb 24, 2020 10:52am
136 Views
Post# 30725874

RE:RE:Eight Capital low estimate

RE:RE:Eight Capital low estimateI could be mistaken, but isn't WeGrow the parent company of QWest, and QWest being one of Westleaf's featured products? 

The numbers in the estimate (as you mentioned) may not be spot on, but depending on how much QWest was sold @ Westleaf, it could make sense that you can't simply combine the 2 revenue streams into 1 number.  If Westleaf was a large portion of WeGrow's income, you increase profit (lower cost), but don't double revenue (using "double" as generic term).

This is just me spitballing though.  Does anyone want to look through Westleaf's long form financials to see how much they purchased from QWest or WeGrow?
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