RE:RE:RE:Will Sebastiens 400 M sales come true??Fifthly(?) - what were TOTAL ANNUAL Cannabis Sales in Canada in 2020?
$ 2.6 billion? At $400 million, you are dreaming to think Hexo will own 20% or 1 in 5 of every sale in the next 9 months.
Regardless - everyone knows that there is an oversupply in Canada - the retail cannabis market simply can handle much of an increase.
Hexo alone will have $170 million in unsold inventory after the 3 companies are combined.
SSL gave a bold - but bullsh*t - guidance figure two years ago, it's just not going to happen any time soon.
So what - why do you pumptards suddenly feel the need to justify his error?
Move on to reality, Trumpers
quinlash - (5/21/2021 9:33:59 AM)
RE:RE:Will Sebastiens 400 M sales come true?? These are top-line sales, meaning sales before expenses etc, the same numbers that all companies state when they refer to their "annual sales figures".
I corrected a type-o below, original post referred to 400 Mil per QTR, sould be obvious I meant to say annual sales but corrected below for the sake of clarity. quinlash wrote:if we look at the last QTR report from HEXO, Zenabis and 48-North, add those numbers up and multiple it by 4 we can get a starting point for what the annual sales numbers will start coming in once the new acquistions are rolled up under the HEXO banner | HEXO | Zenabis | 48-North | Totals | Extended for 1 Year |
| $45,678,000 | $24,812,000 | $7,607,000 | $78,097,000 | $312,388,000 |
| $41,300,000 | $28,490,000 | $6,713,000 | $76,503,000 | |
| $36,100,000 | $30,280,000 | $10,472,000 | $76,852,000 | |
| $30,900,000 | $22,361,000 | $2,806,000 | $56,067,000 | |
At a QTR over QTR average rate of growth of 8% HEXO will require no more than 3 additional QTRs to come in over the 400 million dollars in sales annually. If the growth rate goes up due to the company expanding into new markets, the rolling out of new products or HEXO pulls in another smaller company, then the target of $400 becomes reality in less time.
All the best
Q quebec4ever wrote:He was just too early at the party in 2019.......but it seems as if we re going to hit it with our recent acquisitions:) This guy is a true visionary .......and the courage to pursue it ! Congrats to you and the whole team !