Post by
whisky11 on Oct 31, 2020 1:05pm
Margin is up 10% than Q2
All cash was used to increase inventory and automatization.
I'm sure fourth quarter will be profitable or close to it.
Comment by
randomtask on Oct 31, 2020 1:49pm
If gross profit was 100% in Q3, the still wouldn't be breakeven haha
Comment by
randomtask on Oct 31, 2020 1:46pm
To further quantify your statement, gross profit went from 9% to 10% yet revenues dropped and losses significantly increased. Cash burn doubled. This is the worst financial shape N has ever been in
Comment by
MrShakeTree on Oct 31, 2020 4:00pm
Whats the matter greenery did u lose another $50 GO BROWNS haha
Comment by
QuothTheRaven on Oct 31, 2020 4:40pm
Muted for excessive bashing. CannMart is a new revenue stream on the 2 year time frame. Since last year, CannMart revenue is up massively. I believe in the N long-term business model. Grow your position when the share price is low. That is if you believe in the company, otherwise why are you here? Sell, and move on.