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Wednesday, December 22, 2021 8:38:18 AM
With Radient's 3rd quarter coming to a close this month, I was happy to see Radient products were well stocked throughout the quarter. Especially in Alberta where they seem to have gained a foothold in the province. This is good because Alberta is second only to Ontario in cannabis sales. Expecting a much bigger quarter because of holiday sales.
To me Radient has all the pieces in place to grab 2.0 market share once TRX are officially onboard and ramping production. Hoping that happens soon to get more product to market asap. I'm sure TRX and HighGrade management understand that concentrate sales are 9% market share in mature markets like California, and that immature markets like Canada are barely scratching surface at around 1%.
Radient is on the ground floor of something big if they can just keep increasing sales. Hoping for a sneak peak at the Q3 holiday sales in a press release update. Fingers crossed :) Merry Christmas!!!! glta
Canadian recreational cannabis sales grow to CA$364.2 million in October
https://mjbizdaily.com/canadian-recreational-cannabis-sales-grow-to-ca364-2-million-in-october/
Posts are my opinion only, and not advice of any kind. glta
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