Tuesday, November 24, 2015 8:05:56 AM
Although we are dealing with a very short snapshot of the recreational market, the 500%+ increase in total sales for the company and nearly 400% increase in same store revenues at our established Hawthorne location is consistent with our thesis that the recreational marijuana market is much more lucrative for the company than medical sales.
Additionally, if you factor that the current rules permit us to sell only limited recreational sales (flower only and no more than 7 grams to any individual per day) we are confident that revenues will increase again once our recreational customers can purchase larger amounts of flower and buy additional products, such as extracts, concentrates and edibles.
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