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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 > Projection numbers
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Post by dart321 on Dec 28, 2022 2:35pm

Projection numbers

The easy way of tracking beverage sales in total for ontario would be take the total monthly sales time 12 months for ontario at present that would be 155 million times 12 = 1.86 billion per year plus a 17.8% growth for 2023 = 2.038 billion for 2023. That is total pot sales for the year. We then find out beverages sales by using the new fed numbers of 14% and maybe reduce it by 3 to be safe so 11% of 2.038 =  $ $224 million total beverage sales in ontario for 2023. We know from the tracking web sites that this company has a 20% market share of the ontario beverage market right now so 20% times $224 = $44.8 million in sales for this company in ontario only for the 2023 year and that is if everything does not change from now until the end of dec 2023. That is the simple way of looking at possible projection of sales for ontario. Talk tomorrow
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