steveM45 wrote: You can't remember what YOU posted? Allow me...
https://stockhouse.com/companies/bullboard?symbol=c.n&postid=31316930
Calgary/smokeeter/truehurt
And whatever more you have aliases. Lots of bullshit. Congratulation your gibberish is even more boring than randomstuff
Funny thing is that you mention high expenses during the class action suit, closing many websites all over the world. Two years ago Namaste was in 20 countries now in only five. As you know when you're close workplace in many jurisdictions you have to pay lots of money for the workers closing the rentals of equipment and real estate.
You worry that those expenses will repeat. Look we only look that stupid
B2B is so efficient every gram of cannabis in Canada will be distributed from Cannmart. That 9% margin is the cost of expansion I think Cannmart makes zero profit on the first couple of operation with new customer.
You never run the business end it shows. Creating brand and steady expanding number of customers is the main thing in the business.
In one of previous post your mentioned of the potential buyers of Namaste stock,they don't know that Namaste exist. And that the problem which only the management can solve.
Cannmart is busy 15% of his capacity. It will change next quarter. Third quarter losses will be less than $2 million.
whisky11 wrote: the calculations about hundred percent was made by you. Margin 9% it's not enough we all know that, so why don't you wait until third-quarter and see awesome margin around 20% and revenue doubled off second quarter. And remember if you 'cut' something from the Cyclopedia it will disappear so I would advise you to 'copy and paste'.
“For the second consecutive quarter, we have seen considerable revenue growth and have just recorded the highest quarterly revenue for the Company to date. As stated in the first quarter, the strategic decisions we made in 2019 and early 2020 are beginning to be reflected in our results. Our efforts have resulted in significant growth for cannabis and cannabis products sales in Canada but there is more work for us to do. We have shown that we can grow our revenue and as we expand our product lines, improve operational efficiencies, and increase our gross margins in coming quarters to coincide with revenue growth.”