Post by
Gotime2 on Oct 05, 2021 9:59am
Are we in the black?
Here is some napkin math on B to C sales for September , remember this does not include any B to B wholesale sales
40,000 items @$15 (low guesstimate of average price)
=$600,000
50% margin = $300,000
I believe average monthly burn rate was around $350k,
looks like financials should show no more losses, no more dilution, profitable first quarter.
this is officially a growth story!!
Comment by
FoMoMoFo on Oct 05, 2021 10:11am
sounds reasonable. Added to my position here. Risk/Reward looks pretty decent. I can't get on board the 1 billion market cap train yet, but a 10x from here seems plausible over the next couple years as they roll out across Canada. And if/when US legalizes federally, then that's where the real money will be
Comment by
Gotime2 on Oct 05, 2021 10:21am
More guess work BCLC ordered 20,000 units, third order was 300%increase over first order so orders were likely 1st order 3,000 2nd order 7,000 3rd order 10,000 hopefully October BC orders are 20,000-30,000 and we add Saskatchewan
Comment by
Salbrom on Oct 05, 2021 11:53am
Nextleaf could generate 20M a quarter just in Canada! im going to make a bold prediction once glacial gold products are in evry store in Canada this company will generate a 100M a year I'm going to guess by early spring 2022 Nextleaf will be the boat a lot of people missed !!!