Post by
Exponentialpick on Feb 03, 2019 12:31pm
Analysts Project 7.9 million revenue for upcoming financials
At 13,333 KG/4quarters - @$6000 per KG would give us roughly 20 million quarter. I have been thinking $12.5-$20 million. Anyone have any thoughts on why analysts think 7.9 million? Personally I think we beat this number considering, medical demand, recreattional deman, prior harvest reserves, insider buying and listing to the TSX so quickly. I Just wanted to get some opinions on next financial report and what you think the appropriate revenue range would be and why.
Comment by
Exponentialpick on Feb 03, 2019 12:52pm
"Analysts project that Supreme Cannabis will report FY19-Q2 sales of C$7.9, which would represent annual growth of 372%." Link: https://www.newcannabisventures.com/41-top-revenue-generating-cannabis-stocks-ranked-as-of-february-1st/ This is all I am going off of. Saw it this morning and thought 7.9 million was light.
Comment by
CanadaKid56 on Feb 03, 2019 3:59pm
Hey maybe this is why the ceo and board are buying big time .... they know we'er going to beat the street.