RE:Gross Rev = 35 Mil / Net Rev =24 MilFins not good and the share price is reflecting that. Looks like Keeler Broadcasting is correct about beverages as that revenue is ZERO, and they continue to take it in the sac regarding loosing market share, here's the just of it:
Q2'23 total net revenue was $24.1 million, a 32% decline when compared to Q1'23 net revenues of $35.8 million. The decline can be attributed to lower sales in Qubec due to competitors dropping prices and taking market share, returns of certain seasonal holiday products due to low velocity, unavailable supply for certain demanded products and certain products being placed on hold due to pricing reductions in the key market of Ontario. The Company also ceased the recognition of cannabis infused beverage revenue during Q2'23 as the result of Truss Beverage Co. operationalizing their cannabis selling license