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Bullboard - Stock Discussion Forum 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, CANAJO and... see more

CSE:MLCL - Post Discussion

Molecule Holdings Inc > Next Weeks Financials
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Post by dart321 on Jun 24, 2022 10:39am

Next Weeks Financials

should be nothing to scream about, Strawbery Kiwi was just reaching it's stride, the seven new beverages introduced into the Ontario market  had only been selling for 25 days and the Canajo beverage was still gaining market share in B.C. with strawberry kiwi and summer punch not yet introduced into that market yet. So based on penetration numbers in ontario at that time we should see sales of between 600k to 900k. The block buster Q is the Q we are in now all the penetration numbers for most of their beverages are huge with large increases every week, the Q ends July 31st and by the penetration numbers this Q will see sales between 3.8 mil to 4.8 mil which will be due out Sept 30th.
Comment by dart321 on Jun 24, 2022 10:48am
That's what is so great about this company, they can't hide any info with regards to penetration numbers which tells us the expected sales numbers, all this information is public for anyone that wants to take the time and look for it, these stores all have web sites and all the beverages they are selling are on that web site. It so easy to compare other companies penetration numbers with ...more  
Comment by dart321 on Jun 24, 2022 12:17pm
Oops, might be a little light on the sales numbers due out next week. when back on my notes to see what the penetration numbers where for strawberry kiwi that Q, could see sales as high as 1.6 million so I guess something like 700k to 1.6 mil for the Q. This Q release will give us a real good idea of sales per day verses percentage penetration which will allow us to better estimate sales going ...more