PR doesn't=Proof in case you didn't know. 700% increase in sales is nowhere to be found when comparing financials.
Since y'all can't respond with proof of the math that KAYS hasn't GROSSLY EXAGGERATED REVENUE INCREASES. Here is proof of 700% B/S!:
Pretty misleading! Especially when you consider that Kaya Shack[opened july 2014] was open and generating revenues for only 6 months in 2014 with 74,000 reported in sales.
Thats equal to 12,000 per month in revenue per shop.
A 700% increase would mean a shop would need to sell 84,000 per month
Revenues stated for 2015 show 324k for 1 shop at 12 months and a second shop for 2 and a half months for a total equivalency of 14.5 open shop months for the year with an average revenue per shop per month of 22,300.
That's less than a 100% increase in revenues per shop per month. Nowhere near what a "700% increase in revenues" would lead one to believe, and well less than the 300% increase the average shop in Oregon saw with the introduction of recreational sales.
Even with the benefit of the doubt that Craig didn't think to make an objective monthly average comparison, can anyone explain to me how 324k[2015] is a 700% increase in sales from 77k[2014]?
Correct me if I'm wrong, but I get 400 and considering the difference in shops open year to year using that number would be misleading all by itself, but 700% is unbelievable, sheesh!