RE:Cannmart has 70 to 75% ratio of returning customersCan you backup this claim with a link?
Can you prove avg customers returned more than once /year?
What % of their hundreds of products actually sold? I'd guess less than half, or less.
To compare...every company in the MJ universe has shown revenue increases of 40 - 140% in recent quarters. Why is N not only in last place, but actually SHRINKING annual revenue?
Treating customers right? How about shareholders?
Lying to them repeatedly, especially after already paying out on a lost class action lawsuit for fraud.
You can continue making excuses for this inept company but the market has already rendered its judgement.
whisky11 wrote: Average customers at Cannmart spent more than $150 per visit.
This is the famdation of investment , that's what you should look at. Do they have the product? yes, do they treat customer right? yes. Because of prohibition on advertising it has to be the way it is, slow. Second quarter numbers weren't impressive because they switched from low revenue deals to higher margin one. So they improve margins but total revenue stagnated. Unfortunately there is no other way to do it, it will change with wellness,Cannmart will be exposed to more potential customers.