Post by
randomtask on Feb 21, 2021 8:19am
CannMart Market Share - 0.38% ** Est ** See Below
From N's paid poster, SSL, 2020 Canadian revenues are $2.6B ($2,600,000,000)
Q3 Total Income for N - $17.9M ** All N data from 2020 Q3 interim financials - Oct 29, 2020 release**
Q3 CannMart Income - $6M
CannMart ("cannabis") - 34%
Est. Q4 income - $8M - ** Jan 13, 2021 NR - $8M in esimated Q4 revs **
Est Q4 CannMart - $2.7M (I'll round up to $4M just to help out) - $8M x 34%
Ok so estimated fisal 2020 (yes i understand calendar year and fiscal year are different but this is for illustration) is about $10M in CannMart income and i'll assume it's 100% cannabis, even though it's actually less with accessories, etc.
Back to the numbers
Est 2020 Namaste cannabis income - $10M ($10,000,000)
Est 2020 Canadian cannabis income - $2.6B ($2,600,000)
Est N cannabis market share = 10 / 2600
Est N cannabis market share = 0.38%
Math, you muppets should learn it. Yes, there's a lot of noise in that number but if you can come up with a more accurate one in under 5 minutes, please share it with us.
Comment by
stock1829 on Feb 21, 2021 8:39am
But N is a market GIANT! A Namazon! - a huge influence in the market! Oh wait, that's not reality. Back to playing video in the basement. :(
Comment by
SweetSweetLove on Feb 21, 2021 9:58am
I am not a paid poster. I just post data. Make your own investment decisions. GLTA
Comment by
randomtask on Feb 21, 2021 10:24am
you receive no remuneration for posting? From N or a paid affiliate of N?
Comment by
SweetSweetLove on Feb 21, 2021 10:46am
Do you receive remunerations for posting?
Comment by
randomtask on Feb 21, 2021 10:53am
No, i do not receieve any remuneration for posting, nor do i short or day trade this security. in fact, i don't even know anybody that shorts this security since none of my friends have ever heard of Namaste and all of them have cannabis holdings (limited of course) in their portfolios. None of the people i know that consume cannabis products have heard of them either...
Comment by
randomtask on Feb 21, 2021 11:13am
squash the lies and manipulations of people like Lhama and shed fiscal realities to the board. Thoughts on PKB? Market share? margins? Path to profitability? Logistics to "US expansion"....There must be more to you than Control C, Control V
Comment by
SweetSweetLove on Feb 21, 2021 11:25am
What is in it for you? I don't get it. Why are you trying to save me?