RE:Results Q2 says last 6 months . Q1 for that quarter. For the six months ended January 31, 2022, we produced 571 kilograms of dried cannabis and sold 443 kilograms at an average net selling price of $3.00 per gram. Q2 HIGHLIGHTS Sales of edibles in Q2 made up 39% of total sales Sales of our newly launched biscuits make up 44% of edible sales and 10% of overall sales Increased the facility by 12.5% through new lease arrangements Granted a license by an overseas government to cultivate cannabis for medical and scientific use
RamboOO7 wrote: - Q1 produced 534 KG sold 295.9 KG
- Q2 produced 571 KG for last 6 months
- Q2 produced 571 KG produced last 6 months minus 534 KG equals 37 KG for Q2 production
- probably due to transition of new strains
- Q1 534 KG produced minus 296 KM sold remaining inventory 148 KG left Q1
- Q1 148 KG plus Q2 37 KG production equals 185 KG inventory Q2
- Q2 sales for 6 months 443 KG
- Q1 total sales 3 months 295.9 KG
- Q2 total sale for 6 months 443 KG minus 295,9 equals rounded off 147 KG for 3 months sales for Q2
- so THC sold 147 KG for Q2 equals around $441,000 flower sold
- Q2 total edibles sold around $164,826 ..Q1 total edibles sold around $242,137
- Q2 total Biscuits sold around $72,523
- edible sales went down $77,311 from Q1 to Q2
- inventory Q2 around 128 KG not sold.
- why does Q2 report last 6 months. hummmm and not just last 3 months
- i got dizzy trying to post these results maybe i made a mistake. Correct me if i am wrong. The numbers and sales can be off.
- Terrible financials. Maybe biscuits might boost sales because they were not released in Ontario Q2 Mango wasn't released neither