RE:RE:RE:RE:RE:Paul I am all hear for NL, been on this train for nearly 2 years now... but I am not overly impressed with the report.
Revenues are scaling, but cost of goods are scaling at the same rate... they are not generating higher margin with their scale ability. This is one of the keys Paul has outlined for sucess of the business.
The only reason why they are only -25k for the q is because it seems as though they have gone and axed a large majority of their team. They went from 450k to to 75k in salaries for the q in compared to last year. Why are they running such a skeleton staff?
With Paul's messaging on Twitter and Instagram, I was expecting profitability and higher margins.
I would like Paul to address these areas of the business and help provide clarity and limit the talk of best selling vape in BC and new CBD gels etc.
Hopefully he reads this.
am also open to other investors thoughts if you see something I may be missing.