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Q1 is the only way we will get the answers on revs. Someone posted a new invoice for today of #11454.
We may have a series of invoices for different contract agreements. There may be one group of numbers for the basic Jo who gets a medical licence.
Then there could be a group of numbers for Veterans, one for aboriginal groups. Then there was the deal through Alberta with the drug stores. Medical sales could be much better then what some of us think.
I personally thought it was a dud and was putting all my hopes in B2B.
Definitely not a glitch.
Site volume up!
Invoice numbers take huge jump!
Ignite reports 5 day jump of 58%.
2020 is starting to look promising.
Come on Mr. Choklat! Let's Go.
Invoice is from veteran's affairs.
Someone has posted a pic of the invoice on Stockhouse. It is definitely #13618.
So there has been 2275 sales in the last 4 days. It will be interesting to see why. Plus ,why such a sudden change. To go from a consistent 30 or so for months and then to jump that much.
Daily sales. When you see two sets of numbers go up together you have to wonder . Both daily unique numbers and the invoice numbers from Cannmart seem to have gone up considerable over the last four days.
The invoice numbers have jumped by 2200 in four days. Sounds hard to believe. Can Cannmart even handle that kind of volume?
I think the numbers are either wrong or Cannmart has signed a deal to run the on line medical sales for a larger LP.
We should monitor the Invoice numbers over the next few days. If anyone buys from Cannmart please post your number .
Also watch the site web volume.
Four days ago someone posted a Cannmart invoice #11343 and today someone posted #13618.
If that is true Cannmart has made 2275 sales in the last 4 days. Put that together with seeing the daily unique visitors possible double.
It looks like todays invoice #13618.
So Cannmarts daily sales could have shot up over 150 per day.
MJ short sellers are down $641 million.
Nice!
As far as we all know Choklat started production a few weeks ago. I wonder what has gone wrong.
I asked Eric about Tilray. Here is his answer.
"As far your question about Tilray on page 17 in the MD&A, further details surrounding this relationship are not publicly available."
I am not sure what that means. LOL
Why would it not be publicly available? Either we have some sort of relationship with Tilray or we don't . Why would it be a secret.
That was clearly shown in Q4. B2B was already double B2C and it was basically test runs into BC.
But, we need the numbers to know.
Who knows what the delays are now? We know they started producing and it would be nice to see it on the market before it all goes bad.
I am sure that both Namaste and Choklat are chaffing at the bit to see it roll out.
It could be final inspection process, packaging, shipping or any number of other things.
Cannmart invoice numbers show 64 sales in two days.( 32 per day) It is slowly going up and is a big increase from last fall.
(10 per day for Q4 of 2019)
Alberta cannabis store has restocked some products. It is back up to 11 pre -rolls.
If you watch the provincial sites you see a steady turnover of product. Sometimes it takes a bit to see the restock come in. They have a nice spread of product through 5 provinces that they deal with. Cannmart is also showing more signs of turning over inventory.
B2B sales has huge potential and maybe, someday, we will actually be given the numbers! LOL
I go there too and I have several personalities.
double
B2B sales is going to be the driving force. Medical sales have gone up some or we think they have ( not really sure because management is scared to give us the numbers).
Daily visitors is meaningless. Cannmart invoice numbers show that they serve about 28 clients per day. I bet you it is only shareholders.
No one else knows about it.
I do not short or day trade. This is a long term hold for me. I like a ton of what is being done but the only way we can evaluate what they are doing is through financial releases. When they continually fail to release that info to me then I have a right to be concerned. I do not like to invest blindly. So far they have delivered poor results. So far they have burned enormous amounts of cash.
This is a quarterly report and it should be generated with the click of a button.
I do not believe the Covid none sense. ACB has 20 times the revs and is also international. They were on time. This company has had a history of financial delays and has spent massive amounts of the cash to restructure and streamline, so they say. YET WE GET THE SAME BS RESULT.
As shareholders we deserve better.
Has this company ever released a financial report in a timely fashion?
Please Meni don't insult our intelligence with this covid crap.
ACB was on time and has 20 times the revenue.
If Q1 sucks it sucks. Delaying it changes nothing. I thought 2020 was going to the beginning of a new era.
Management should be embarrassed.
It is all up to the numbers now. Time for management to show us that over delivery that Meni suggested.
Q1 needs to show a step in the right direction. They need to show a profit by mid year.
Use the filter and make it go away. Lol
It will be interesting to see what 49% of PE will be worth two years from now.
The original pricing for Findify was $149 per month.
Good info.
What would this company be worth if they show a profit by mid year?
Reduce spending and increase rev.
I think people will be surprised with recreational sales. B2B sales.
Both BC and Manatoba have fully restocked Phyto products.
MD&A page 17 shows a list of companies that we have some sort of working agreement with.
WHY IS TILRAY LISTED?
I sent an email to IR requesting more info but we all know how that will go. Tilray canceled all affiliations with us. If you are going to put it into a material release then be prepared to back it up.
Aurora, Canopy and APH are also listed . We have deals that are software and vaporizer related with those 3.
Then reverse split 2000 times.
We are going to .5 cents SOON.
Medical will never be the driving force, rec will.
"Correction".
Meni mentioned that they feel that the future is in CPG. "Consumer Packaged Goods".
What is packaged good? definition and meaning ...www.businessdictionary.com
Non-durable consumer article available in smaller packages, such as food, grooming aids, laundry powder, toiletries. Packaged goods are sold at a relatively low unit price, distributed through retail stores, heavily promoted, and bought and consumed frequently.
Cannmart invoice numbers.
They have gone form about 10 sales per day to around 30. Rec will never be the driving force of this company but a 300% increase in 6 months is impressive. $ 140,000 to $450,000.
B2B sales were $230,000 in Q4 for what were basically test runs with BC. Now they maintain a running inventory in 5 provinces.
3188 X .06 = 191 We were told that they were turning 6% into paying customers.
So 191 paying clients per day.
Namaste is organizing their inventory differently. They used to carry everything they had on Cannmart. Not anymore.
They stock oils and extracts on Cannmart. Flower products are down to about 8 with 3 to 4 of those being offered in pre-rolls. Most of the flower is high THC.
For a while I thought that they were struggling to get the products but after watching the Provincial sites I feel that they have just developed a way handling their inventory. The majority of the flower products are going to the rec market. They seem to have decided what sells to Medical and that is all they stock.
Every thing else is being sent to the provincial sites for rec sales.
It would be nice to get a better understanding on the revs per customer. In the latest releases they say Findify now has over 1200 clients.
According to the minimum monthly rate of $499 listed on their site that would be at least $1.8 mil per quarter.
Q4 2019 was $426,000. So have the clients increased from Q4 to now or is there a much lower monthly charge. At $499 that would be around 280 clients per month.
BC stores dropped to 2 Sku's and today it is back up to 8.
Medical sales for Q4.
Total sales for Cannmart was $363,715 and they said that the B2B sales were $230,000. So medical sales for Cannmart was about the same at $134,000. This is why they seem to be diverting most of the inventory to the Provinces.
A few pre rolls to the BC site in Q4 just about doubled the sales out put of a full quarter of Cannmart medical. Medical customers seem to be loyal but are growing very slowly.
The B2B sales for Q4 was $230,000. B2B sales started in September and was only BC. It began with a few pre rolls.
We now have a full line of products going out to five provinces.
BC site is down to two sku's this morning. They restock and quickly sell out.
Interesting info on Labs.