RE:RE:RE:RE:RE:RE:RE:RE:CEO said, "we are undervalued". Okay, so how what is an
mdjbrown wrote: Dont forget okgonow, the settlement with Tilray included $1 million in product which will help.
Non-cash elements also included in the Settlement Agreement are ongoing product considerations:
- § $1,000,000 in Tilray products (including but not restricted to high-quality flower and extractable biomass).
- § $500,000 four-year supply agreement to provide Tilray with MediPharm products and services.
md... how far will a million $ in flower take you they said they have orders for drobinol of 1.5 mill in first Q alone that's just one of their products at let's say a 50% profit margin ( just to make the math easy also I know there are other manufacturing costs involved so this is the 2 minute math)you would need $500k to $750k of raw product to produce the order.
your chewing through a lot of stock again just one of their products
and if we assume that sales of other API's and products going forward will pick up dramatically we will need allot more of flower to refine