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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, DULCES and... see more

CSE:MLCL - Post Discussion

Molecule Holdings Inc > Todays New Data
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Post by dart321 on Dec 23, 2022 12:32pm

Todays New Data

The penetration numbers for 4 out of the 5 that are close or in the Ontario top ten just spiked up by almost 7%. That number is astronomical for such a short period of time. In my opinion it's either a glitch or back fill numbers. I am leaning toward back fill as the sales spikes indicate a back fill and not a glitch, the up to date pie chart also confirms a likely back fill as the pie chart is now showing a 22.47% market share for this company. The question that overhangs the share price is still there because management has not addressed the issue in public and yet we see the orders being filled week after week. Man I have never seen such a weak management group in all my years of investing in these types of stocks.
Comment by dart321 on Dec 23, 2022 12:38pm
Come to think of it the change in regs from 5 units per visit to 48 units per visit may have caused this sharp spike. What ever if it holds it's going to be one large increase in sales that's a given. Luck all have a merry xmas and a very profitable new year. That's it for me until after boxing day.
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