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Bullboard - Stock Discussion Forum Chemesis International Inc CADMF

"Chemesis International Inc. is a vertically integrated global leader in the cannabis industry, currently operating within California, Puerto Rico, and Colombia. Chemesis is developing a strong foothold in key markets, from cultivation to manufacturing, distribution and retail. Chemesis has facilities in both Puerto Rico and California, allowing for cost-effective production and distribution of... see more

OTCPK:CADMF - Post Discussion

Chemesis International Inc > company actually lowered first year guidence
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Post by Vancgatekeeper on Mar 22, 2019 7:23pm

company actually lowered first year guidence

27 million to 19 million. Margins show 10% last 2 Qs. Company going to a billion dollar MC :)
Comment by dart321 on Mar 22, 2019 9:25pm
the 27 million stated before the update was Canadian dollars, this is stated in U.S. dollars and yes it's a slight drop of 1.3 million. Profit margins for the first quarter where 10% profit margins the second quarter where something like 17%. If you have been following this company they told us over and over again sales wouldn't start until late the quarter we are in now. Then rev up the ...more  
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