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Friday, 07/10/2020 12:30:58 PM

Friday, July 10, 2020 12:30:58 PM

Post# of 75
EXP's Q2 earnings report could be any day now if they don't take the COVID 19 extension. This could be the first report where they top $1.0M in revenues. Their Q2 update in May said they anticipate growth of at least 50% over Q1, which was $803,655. If they hit their target Q2 revenues should be at least $1.1M or higher.

This would be a huge milestone for a micro craft grower to achieve. With new grow partners now adding to their supply, it could be just the beginning of double digit Q over Q revenue growth going forward. If they have continued to cut costs, then they might get close to EBITDA positive or even net income positive.

There's no questioning the quality of the product based on real customer reviews of Citizen Stash products on social media. The retail stores that carry CS seem to sell out very quickly. So now it's just a matter of keeping the supply chain continuously flowing with product. Easier said than done, but by all indications EXP appears to be heading in the right direction, imho. glta :)

https://finance.yahoo.com/news/experion-reports-revenue-growth-first-124500208.html

Posts are my opinion only, and not advice of any kind. glta

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