Wednesday, June 29, 2022 6:12:59 PM
-Exciting New SKU's
-EBITDA Positive in June and EBITDA Positive on a quarterly basis thereafter
-25% Higher Yield than expected from recent Valleyfield harvest
-TGOD below $1.00 cost per gram
-Increased national distribution from 5.9% to 21.2% in 2022
-Distribution points increased 305% in H1 2022
-Increased retail reach from 23% to 61% of stores
-Product expansion to include: Gold Butter MAC, Strawberry Jerry, Medellin (Puffing Season in ON)
-6 month Barrel Aged Black Hash 30%/40%
-WYLD Real Fruit Pear Soft Chews THC/CBD
-Exited Q1 2022 with $19M in positive working capital
-With EBITDA Positivity, TGOD will seek to improve debt rates and longer term. Company currently paying 12% on credit facility
-Addition $23M under shelf prospectus available for growth opportunities
-HemPoland sale still pending due to developments in the Ukraine
-EU GMP expected to be complete in Fall 2022. Inspector will arrive at Ancaster in August
*Sean touched on the share consolidation and corporate name change topic. Reasons stated were what I expected and makes sense.
Please feel free to add info that I missed.
Roll, Dutchman!
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