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Re: abc1938 post# 9855

Wednesday, 04/15/2020 10:10:40 PM

Wednesday, April 15, 2020 10:10:40 PM

Post# of 11313
Says 13% for vapes and chocolate, this is how they broke it down.

“The Company continues to diversify its revenue streams. During the quarter traditional Rec 1.0 products in the adult-use recreational space represented 52% of net revenue (91% in Q2 2019). New Rec 2.0 products (chocolates, vape pens) in the adult-use recreational space represented 13% of net revenue (0% in Q2 2019). Wholesale sales to other large Canadian Licensed Producers represented 24% (0% in Q2 2019) with Canadian medical sales representing 10% (9% in Q1 2019) and international sales representing 1% (0% in Q2 2019). The Company continues to pursue additional opportunities to expand its product mix and customer base.”

Coronavirus is most likely affecting their biggest money maker which was 52% of their revs next Q report will have much lower numbers.
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