RE:Fourth quarter tells us that we were right Yes you need $269M / quarter in gross revenue!
isn't Labs a LP? You said yesterday that wellness is created in a lab, so won't they be susceptible to the same issues all LPs are facing? Or is the last and smallest player to the party with the least amount of experience not going to be affected?
This is going to be hard to digest but Labs is going to be expensive and not going to drive any profit for years. Did meni mention how expensive this new equipment is going to be that they couldn't acquire until after the HC license?
0% chance of profitability in 2021. You can hope and pray and call me names but that's the bottom line, kids. You can either ignore that or make changes accordingly, the choice is yours
whisky11 wrote: The company is an expansion. In the Time when LPs cut on production and improve finances by closing production plant and farms.
Namaste expanding cannabis sale. We need bigger Gross revenue, that's why they're expanding to wellness.
So with that coronavirus they got to spend money let's say $1 million to cancel one shift and disinfect between shifts so they spend one or $2 million and this is taken from margins.
The company won't disappear like those sickos predicted, every year will double or quadruple in size.