The news regarding the smokes is a clear 'plus'. CKGT already had the cigarette product launch numbers figured into their Q4 rev guidance. The fact that they sold more than planned should be indicative that retailers are refilling their shelves. This is precisely what I wanted to see from the smokes as an investor- NOT just that they seeded the market with an initial shipment of inventory, but that they are seeing sell-through to the consumer. Great news!
I have high hopes for the hogfeed product as well. GLTA
I am thrilled to see the ciggs getting a good start but it's still too early to cheer. It may be lots of smokers and non-smokers trying it. Whether they like it and become regulars, that's the question. Just like when a new restaurant opens in town...
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