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Sunday, April 23, 2017 12:15:00 AM
Remember this 8k?:
" Q: Has the Company experienced a reduction in revenues with the temporary testing rules in Oregon.
A: No, the temporary testing rules have not negatively impacted our revenues. These “temporary” rules have allowed for additional smaller producers and processors to participate in the market off-setting any reduction in testing volumes enacted by these rules."
We got two sentences to explain some complicated things that happened, but my understanding is that the old rules required that a test be done for each ten pounds, but the temp rules required tests for every 30 lbs. Please correct me if I'm wrong. Aren't these "additional producers" simply people who didn't have proper licenses, and therefore no product, during Q1.
I bet same-lab SGBY revenues will only be marginally higher in Q2.
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