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Sunday, 10/20/2019 3:24:03 PM

Sunday, October 20, 2019 3:24:03 PM

Post# of 8412
I am trying to get a feeling for the numbers. I know some postings have been here already, but I just need to put these out to see if I am thinking straight. At the current sales rate, of nearly 3000 oz, that is 24,000 1/8's, I rounded it down to $25 per eight for 600k for the week.With thirteen weeks in the quarter, that is 7,800,000 in flower sales. So if their other business of 5,520,000 (last quarter) in sales stays the same, their sales rate will be more than double last quarter....maybe even approaching triple. So does 12 to 14 million in sales for the quarter sound reasonable? Analyzing against Trulieve, which I also own, they are dong 66% of the flower sales with 50% of the stores. In THC they are only done 10% but the word is that will be changing soon. With Trul selling at 34 times the price of LHS one or the other has a lot of room for movement.

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