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Re: None

Tuesday, 01/24/2023 5:50:17 PM

Tuesday, January 24, 2023 5:50:17 PM

Post# of 21240
In one of my previous comments I mentioned that US players seem to be following the Canadian LP playbook, and stated that I could see several companies using the downturn in the market as an opportunity to write off good will -- without raising investor red flags since the market, as a whole, is down. This would then allow them to essentially sweep past (poor) business decisions under the rug, making future earnings reports appear better, while hiding the write off in their accumulated deficit (not sure of all the technicals...just observations that I have seen used by the Canadian LPs). Well it got me interested in pulling some information across the 'top 20' companies in the industry (based on the layout from Free CashFlow on Twitter). I pulled the information from SEDAR and EDGAR documents....Take the below simply as informational (I am not an accountant, nor do I play one on TV). Don't trust the MEDMEN values since theirs is complicated because they have a different annual earnings period. Also know that the 12MO REV ESTIMATE was calculated by taking the current 9MO revenue value, dividing by 9 and then multiplying by 12.

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