Tag Archives
19 Articles

biological assets

CannTrust – CSI’ing The Blast Crater

When I spoke on the lift Panel in Toronto in June 2019, I mentioned that this industry “has a lot of unexploded landmines that have yet to go off”.  Well, one landmine we read more

When I spoke on the lift Panel in Toronto in June 2019, I mentioned that this industry “has a lot of unexpl read more

Aphria Waterfall: Projected Yields from Biological Assets, Harvest, Sale (KGs)

Aphria doesn't include Projected Yield from Bio Assets, nor Harvest KGs. read more

Aphria doesn't include Projected Yield from Bio Assets, nor Harvest KGs. read more

Canopy Growth Waterfall: Projected Yields from Biological Assets, Harvest, Sale (KGs)

Canopy does not disclose Projected Yield in Notes to Bio Assets. read more

Canopy does not disclose Projected Yield in Notes to Bio Assets. read more

Organigram Waterfall: Projected Yields from Biological Assets, Harvest, Sale (KGs)

OGI has a 19 week (133 day) growing cycle which explains the Yield Conversion QoQ. (133 days divided by 90 day Q is 68% as a proxy). read more

OGI has a 19 week (133 day) growing cycle which explains the Yield Conversion QoQ. (133 days divided by 9 read more

WeedMD 1Q F2019 – March 31, 2019 “In Pictures”

Income Statement Drivers and Breakeven: Trend Sales up 14%... but the worrisome concern is that 73% by KG of Wholesale ($3.3 million) or 20% by Wholesale revenue (as per co read more

Income Statement Drivers and Breakeven: Trend Sales up 14%... but the worrisome concern is that 73% by read more

Peer Comparisons in KGs: Projected Yield from Bio Assets, Harvest, Sold, and Delta of Harvest to Sold

This is anew set of graphs I am playing with. It is a little frustrating as not every LP provides each element of the graph. Aphria only provides one element - KGs Sold. Wherea read more

This is anew set of graphs I am playing with. It is a little frustrating as not every LP provides each eleme read more

TREND Analysis Harvest One: “Gas in the Tank”

Harvest One had Finished Goods Inventory of $3.8 million in Q0-1 going into Q0. This allowed them to sell $3.7 million in Q0 an increase of $2.1 million over Q0-1 sales of $1 read more

Harvest One had Finished Goods Inventory of $3.8 million in Q0-1 going into Q0. This allowed them to sel read more

TREND Analysis 48 North: “Gas in the Tank”

This is an interesting chart, even though they do not disclose WIP and FG breakdowns. Sales last Q of $2.4 million, an increase of $1.1 million or 84% QoQ off of a base o read more

This is an interesting chart, even though they do not disclose WIP and FG breakdowns. Sales last Q o read more

TREND Analysis – Supreme Pharmaceuticals (FIRE): “Gas in the Tank”

This is an interesting one. After two Q's of negative FG delta, Q0 has a positive FG delta. Meaning, FIRE starts the present Q with more FG inventory than Q) when they reco read more

This is an interesting one. After two Q's of negative FG delta, Q0 has a positive FG delta. Meaning, F read more