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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 May 12, 2023 3:01pm
157 Views
Post# 35446064

WOW Beverages

WOW Beverageson the OCS web site have been reduced by 47 sku's. Went from 110 beverages avaliable down to 63. Looks like they have delisted the non sellers. This company lost one, still have 11 beverages listed but 10 out of the 11 are out of stock. So if this company has 17% of the total beverages offered on the OCS then one could expect sales of atleast 17% of their total sales ( IF THEY CAN STOCK THE OCS ) and keep it stocked. To date that hasn't happened. This is a massive chance to explode sales, lets see what happens. Reduced number of beverages offered just before the busy summer months with the new regulation change. Based on last years sales in total by the OCS and adding the expected increase in sales because of the rule change a 17% share would be some where around 2.486 million units. OSC's sales are about 38% of total ontario sales give or take a few percentage point. Just one huge problem here, they have been fleecing the coffers by paying themselves consultants fees thereby taking most of the working capital. So we sit and wait to see the financials, ALL OF THEM !!!!!!!!!!!   
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