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2.1¢ cann global limited

You're assuming that cost of goods sold won't also increase?

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nihilism

11,400 Posts.

565

03/11/20

15:16

Post #: 48613587
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Originally posted by In Da Hood: ↑

Based on Quarter on Quarter growth remaining the same you should see them balance the books in around 9-12 months.

There was net cash out of $714k.

If revenue grows 30% QoQ then somewhere in 9 - 12 months this company will start an upwards trajectory for sure.

That also puts it in the sweet spot when Canntab is available over the counter in pharmacies June 2021 onwards.

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You're assuming that cost of goods sold won't also increase?

CGB Price at posting: 0.5¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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