RE:RE:RE:OGI Despite the 16% increase in rec sales - ogi had a bad quarter. That's because they broke their financial covenants - bc their ebita was terrible.
There is a cost to having some of these 2.0 products and a sales force able to move everything. As per ogi.
i spoke with fire in early jan after Nav departed - and their comment was that their margins on flower were excellent - and they were going to focus on that. Expanding to edibles and drinks and the like was costly for a small part of the market.
secondly - who needs such a large greenhouse if you can't sell what you have?
two segments where fire is the right size at the moment - with the proper focus.
aside from top line revenue which will be important to see - I wonder if there will be some more decrease in SGandA.
using humble and fume is another huge cost advantage.
16% increase for OGI bodes well for fire - as supreme entered quebec and NLandL IN q which is about 24% of the Canadian market already. Not including 170% increase in sales by volume in March for that one week. (At least)