Friday, April 10, 2020 2:47:40 PM
From period ending 10Jan - 27Mar, using 14/g flower 70/g THC and 50/g CBD
Flower - 2,672,734.161 grams to 4,299,273.881 grams = + 60.85%
THC - 490,351 grams to 548,141.63 grams = +11.79%
CBD - 7,636 grams to 6,832.16 grams = -10.5%
If you applied those percentage increases to Q4 figures I posted below, It suggests a Q1-2020 revenues of 101,762,946.66 out of Florida alone.
That would represent a 27.6% increase over Q4-2019
Now, with flower prices dropping over the last year. I took the current 37 Flower SKU's from Trulieve website, divided price by 3.5 to get price per gram. and averaged it.
That figure came out to 11.9314 average, per gram flower. Now if you apply that to the numbers I have for Q1-20 period 10Jan - 27Mar.
Flower = 51,296,356.38
THC (70/g) = 38,369,914.10
CBD (50/g) = 341,608
Total: 90,007,878.48 In Florida revenues. Add 2.25(2) for Conn and Cali = 94.5m In revenues for Q1-20.
That would represent an increase of 18.57% over Q4-2019
If my numbers were off by 3m. It would be 22%.
So crunching these numbers, speculatively, I feel pretty good about Q1-2020. Even 15% growth is amazing if you think about it business wise.
15% growth QoverQ would mean 120% growth over a two year time frame.
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