InvestorsHub Logo
Followers 31
Posts 569
Boards Moderated 0
Alias Born 02/14/2018

Re: poloblunts post# 1811

Thursday, 08/27/2020 1:50:06 PM

Thursday, August 27, 2020 1:50:06 PM

Post# of 3064
You're assuming that the people getting the $600 unemployment were spending it at their local dispensary. Those are huge assumptions with no actual statistics to back up your claim. I.E. How many people in that area were actually receiving the unemployment check. Of the ones that did receive it how many bought MJ products at a dispensary as opposed to their local dealer. Your claim that revs are going to be down across the board for MSO's doesn't hold water when put under scrutiny. It's easy to jump on a message board and claim that the world is flat and without the technology to prove you wrong you would have an argument. Luckily for us we have the last Q for Cresco to give us an idea of where this company is going. And to debunk your claim of lower revenue for Cresco in Q3 is the fact that almost 60 million of our revenue came from wholesale product, so even if your statement proves to be true it will have less impact on Cresco because we are not as dependent on the individual buyer as say TRUL who's revenue is highly dependent on the individual buyer/patient.