GREY:ALEAF - Post by User
Comment by
ShakngMyHead00on Apr 02, 2021 10:57am
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Post# 32931902
RE:RE:RE:RE:Exact quote from CC
RE:RE:RE:RE:Exact quote from CCstocktracker101 wrote: They didnt have all of the rec skus launched in q4.. That is why rec sales were lower in q4.
In q1 is when they launched and sent out the majority of their new skus.
Rec and med will be a much larger portion of their sales.
I predict minimum double the rec/med revenue Q/Q
And the bulk sales are already spoken for so now supply glut issue there.
Also, there is no supply glut for desired finished rec products.
Their vape cartridges sold beautifully
And again, bulk wholesale is only a filler. They stated this 1000 times.
They are phasing out bulk and transitioning to rec
You sound bearish... Sell the stock if you think they will miss.
sthinei wrote:
That is true. However we just dont have a good idea re what their adult sales will look like. If we end up with a 30-40% decline in wholesale in Q1 relative to Q4 then that will be difficult to overcome with increases in medical, international etc... What we do know is that they announced $14 million in aggreements to sell wholesale outdoor crop back in december with majority in Q4. December sales of weed was strong in industry thanks to people gifting for xmas. The remaing 4 million booked for Q1 in addition to any other follow thru sales. We stll have a situation with over supply at this stage so we will have to wait and see.