Upcoming - Q4 Earnings- Looks like they need to rasie some cash soon to keep operating. After the report they will have around 32 million cash.
- They only observed 14% increase to DTC (direct to customer) sales. Even tho they own about 35% of market share.
- Recent report reported hemp sales to be 1.4 billion by 2023. It was previously projected to be 4 billion by 2023. More competitors in the space and no choice to lower their price.
- They have to fin a way to lower their operating cost, which means more money spent on R&D. That means more operation cost.