RE:RE:RE:RE:RE:Qedition and insight Agree.
Pre-August they had the VeryVell Drops in market; so those account for the nominal sales that started to pick up in the 4th quarter. Q1 will include the earnings from the bottled and canned beverage lines and as we now know, these are already leading the country in terms of sales at the till.
When Truss gets licensed at Belleville, their earnings come off the HEXO top line. But at that time, net income out of that business will come back on to HEXO's financial statements.
quinlash wrote: They stated that revenues from the sale of drinks was minimal due to when they were launched. Those numbers will show up in the next QTR report mid-dec.
Whatever drinks Truss sells will include product sold to them by HEXO so there is a revenue stream there, how much revenue that is will depend on the volume of drinks actually sold.
Details on those numbers were sparce which I believe was a good move on part of the company considering how poorly the market prices shares compared to companies meetings or falling below estimates on the street.
What I am seeing is a company doing the right things for growth and successful products with QTR reports that show increased sales Q over Q, reduced costs and better margins.
JMHO
Q
hubcap888888888 wrote: This I know is true as it was clearly stated, however I thought it was truss drops included in this last A not beverage. This is disheartening in the fact that only if they need monies they will take from Hexo but if they do well no upsides. But out etc may change perspective but very doudtfull in 3 year near term until establishing.