I have been doing a multi part series over at AGH called “Let’sdo the numbers” to discuss some of the truths, good and bad, of what has been happeningin Australian medical cannabis. Check it out. I like what VIT, ECS and LGP aredoing, less so AGH and others.
So “let’s do the numbers” here, I can only assume you are nothappy with the clinic locations Vitura closed late last year? This is a quickone as I have a few things on this afternoon.
Their announcement said that more than 95% of their patientswere seen by telehealth, so they closed the 3 clinic locations in Queensland. Iattend their investor webinar calls they do from time to time. The VIT CFO saidthat more than $300,000 has been saved annually with that decision thatimpacted 5% of their patients. Sounds like a pretty good decision, plus they haveexpanded their market nationally, not just I southeast Queensland.
So again, doing the numbers how can people be leaving in droveswhen it only impacted 5% of the patients? What did I miss?
