RE:RE:RE:RE:RE:RE:Dan Crospy BioSteel Coloradobuff wrote: I agree if they can show the reduced burn next quarter that will be the first marker for me.
No harm in waiting to see the actual QTR report to confirm numbers however, based on the last report and everything that I am seeing the company is going to report (at minimum) a reduction of 50% in their expenses due to the sale of BioSteel.
I will likely be using Stats Canada data for Cannabis sales to forecast a rough number on their sales then a conservative bump due to the reporting period covering the holiday season. They released a number of new products over the last few months so I will give another modest adder for that.
I would like to see a marco-level event occur as well, such as de-scheduling prior to the report coming out but I will omit that one for the time-being to error on the side of caution.