Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Molecule Holdings Inc C.MLCL

Alternate Symbol(s):  EVRRF

Molecule Holdings Inc. is a Canada-based licensed producer engaged in creating cannabis-infused beverages (CIBs) for the Canadian market. The Company operates through one segment being the production and co-packing CIBs. The Company produces drinks to provide opportunity and choice for people seeking a convenient and social way to consume cannabis. Its brands include PHRESH, embody, DULCES and KLON. It is also focused on growing both its portfolio, and the overall cannabis beverage market.


CSE:MLCL - Post by User

Post by dart321on Mar 21, 2022 12:51pm
154 Views
Post# 34531729

Sharp Uptick

Sharp UptickIn sales as per the Headset web site, more so than the other top ten products, the trend line looks like it's taking a sharp uptick also. I suspect we will shortly see strawberry kiwi take over top spot and with the top spot comes the 30%+ total market share for a #1 product. Ontario sales of pot products are estimated to be 2.1 billion dollars, of this a very conservative estimate for beverage sales would be 73.5 million and the market share of a #1 product would be on average ( 30% of 73,5 ) 22 million. Not bad for 1 product. What about the other 11 products they will be selling as of April. Then we will have to add the breakout numbers of Canajo in B.C. which are unknown at present. The only thing we can do is track store penetration. In a couple of months we will see how well Canajo has taken hold. Still waiting to see news on Alberta the second largest legal pot market in the country. Based on my research my 2022 estimate on sales is anywhere from a low of 38 million to a high of 79 million it all depends on Alberta and Canajo.
<< Previous
Bullboard Posts
Next >>