GREY:ALEAF - Post by User
Comment by
sthineion Mar 30, 2021 11:21am
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Post# 32905856
RE:Sthinei... why do you say
RE:Sthinei... why do you say
"Income in Q 1 2021 will most likely be lower than in the first Q of 2020? Net income for Q1 2020 was $ 14.6 million. Cannabis sales were about $9 million. Why should we not expect the same this Q plus all the adult use products that were shipped that were not even developed last year. Plus Australia? UK? Stocktracker, you must have a handle on this"
In the CC they stated wholesale revs will be below Q4 and that was late in the qtr. That still represents the bulk of their revs. They have not been clear re closing of some on their previous aanounced deals. They did note that they shipped largest international order to Australia but did not quantify it. I am not too crazy about those type of comments when they fail to quantify. Biggest international order against a comparison of zip or very low shipment.