$VRNDF Yearend Guidance looks GOOD:
2/10/21
Delta 9providedguidance on select fourth quarter and year end results ending December 31, 2020 based on preliminary results: ? The company anticipates net revenues for the three-month period ending December 31, 2020 to be between $13.7 mm and $14.2 mm. This compares with: o$10.6 mm for the same period in 2019, an increase of between 29% and 34%. o$13.1 mm sequentially from the third quarter of 2020, an increase of between 5% and 8%
? The company anticipates revenues for the year ending December 31, 2020 to be between $51.8 mm and $52.3 mm, compared to $31.8 mm for the same period in the prior year.
? The company anticipates reporting direct cannabis production cost per gram of $0.67 and total cost per gram of $0.80 for the fourth quarter of 2020, compared with $0.74 and $0.86 respectively for the third quarter of 2020.
? The company anticipates reporting total grams of cannabis produced of 2,128,288 for the fourth quarter of 2020, compared with 1,908,875 grams of cannabis for the third quarter of 2020.
? The company anticipates reporting total retail transactions processed of 202,347 for the fourth quarter of 2020, compared with 184,750 for the third quarter of 2020
