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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 Research
View:
Post by dart321 on May 13, 2023 10:21am

Todays Research

with 42% fewer beverages offered at the OCS and an expected 4.7 times the sales volume this summer those beverages remaining on the OCS shelves are going to have a banner year. Before the cash crunch feasco this company had they had a high penetration number of 57.2% in Ontario. It dropped to almost zero percent and now it's back up to 41% and has been increasing since the cash injection. There is still a major broblem with this pic. They have been unable to keep filling the OCS orders enough to keep beverages from being sold out. Now you see why those paid out consultant fees where and are so important. They take the working capital needed out of the coffers !!!!!!!!!!!!
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