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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 > Company Projections
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Post by dart321 on Dec 29, 2022 12:32pm

Company Projections

for the pot beverage sector for 2023. Based on the present data, looking at all public beverage companies I find a substantial number of them are likely to either exit the beverage sector, go under or are bought out. Four are on the verge of going under, nine have lost substantial market share and are close to having to decide to continue with beverages or move on with a change of business. Only two companies are seeing their market share in the beverage sector increase and those two are going to capture the lions share of the market by the end of 2023. The total number of public beverage companies could shrink by as many as 11 by the end of 2023 which in turn sees these two gaining market share at an ever increasing speed. It will be interesting to see who is left at the end of 2023.
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