LHS Rundown Q3 F2019 Nov 30 ,2018

Open up the fins and MDA to follow along. Sales Sales increased 43% QoQ or by close to $1 million to $3.2 million, which is very similar to the Q2 increase of $1.1 million.  This is largely result of the increase in dispensaries to 7 and delivery hubs to 6.  They have just started including dispensary count and hub count in their MDA to make it easier to keep track of. [George: If you are reading this… a breakdown of store revenue by locations “open for the entire Q” and those that were opened in the Q would be useful in understanding how many…

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Liberty Health Sciences Q2 F2019

Open up the fins and MDA and follow along... A few items I would like to note prior to diving into fins… GMP received in June 2018… this will be important if/when Hemp gets pushed through Farm bill. Those big box stores want GMP. Issued more shares to satisfy a USD 6.0 million bill for work done on the 360 complex by Thermo Energy Systems [Leamington co… I might add.] 4 dispensaries operating for the Q.. 3 more open in Q3 with 4 new leases signed. That gets to 11 vs the 10-12 to be open before F2019 year end and 16-18 before F2020…

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Liberty Health Sciences Q1 F2019 Rundown

I was going to put this in the Sports Bar... but figured I'd give it her own post given the subs interest.Open up the financials and MDA and follow along…Sales for the Q was $1.1 million up 164% QoQ or $709k. This is largely attributable to sizeable patient capture due to having 4 dispensaries running during the Q rather than one dispensary on the previous Q. Patients were 4,566 versus 1,999 last Q a 228% increase.Price per gram dropped from $19.99/gram to $15.99 gram.Gross Margin before IFRS voodoo [COGS and Dep only] improved to 12% from 2% last Q, and absolute Gross Margin before…

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