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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

Comment by dart321on Jun 17, 2024 2:10pm
75 Views
Post# 36092512

RE:Sales in May

RE:Sales in MayIn my opinion their sales on the medical web site Abba Medix should be similar to those other companies that sell medical use pot so I think we can assume they sold an additional 50% on this medical site. Thsi would give them sales of $507,859.50 for the month of May. Now if we project total revenues over the next 12 months we look back first to see what the sales where in Febuary to understand what if any the increase in sales would be expected over a 12 month forward looking bases. Feb sales were 229k so an increase from feb to may on the ontario market was 107k for a 46% increase in sale Q over Q, we then add a guestimate of sales from the medical site and we come up with sales projected over the next 12 months of 8 million.. This is a guess at best because we do not know what the sales are for medical usage,hope this helps.
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