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Alias Born | 01/24/2011 |
Saturday, September 06, 2014 7:04:24 PM
While the subject line of the post asked what would CannaVest do when KannaWay dissolves, the important question was at the end of the post:
"CANV got a big revenue boost from KannaWay in 1Q and 2Q/14, but what will happen to its revenue growth as KWay dies?"
If sales to KannaWay members boosted 1Q and 2Q/14 sales, but don't help much in 3Q/14, then we might see a sequential quarter drop in revenue.
CannaVest will have to fine a way to make up that KannaWay-induced revenue decline.
It's also possible that a fair amount of CannaVests' shipments in 2Q/14 are sitting as inventory in HempMeds' warehouse, waiting for KannaWay orders that never came.
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