CanChew - $48K in sales in Q1. Another example of over promise and under deliver at MJNA. What's really sad is that this was a unique and promising product that they couldn't sell - totally blew that part. No wonder the CanChew guys want out. There will be other chewing gum players coming soon according to my sources...
Detective, you probably noticed that 50% roughly of net income for MJNA came from CanChew. Seems like the COGS was extremely low at $5K - 90% gross margin??? I call foul here. It was 52% for all of 2013.
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