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$3.5 Million-Plus in Reductions in Annual Operating Expenses On the Heels of its Return to Positive Adjusted EBITDA, Vertically Integrated Cannabis Dispensary Franchisor and Operator Takes Steps... | May 23, 2023
2021 Outlook Management remains focused on the Company’s core competencies to bring high THC, as well as unique cultivars, to the Canadian market. As retail sales are ramped up, the Company plans to transition from a wholesale model to retail-only sales. “WILL” – Cultivation Facility in Brampton, Ontario: During Q4 2020, the WILL Facility made its first sale through retail channels, selling approximately 266 kg in total, generating total revenue of $0.8 million. Total sales for 2020 were approximately 474 kg generating total revenue of $1.6 million (2019 – 413 kg, $2.0 million). Sal...
Share: Gaming retailer GameStop Corp. (NYSE: GME) saw a rally Monday on its holiday sales and changes to the Board of Directors. Holiday Sales: The nine-week holiday season saw revenue of $1.77 billion for GameStop, down 3.1% year-over-year. Same-store sales were up 4.8% over the nine-week period coming at the hands of the store count lowered by 11%. The big story for GameStop in the nine-week period was the continued strength of e-commerce sales with 309% year-over-year growth. E-commerce sales made up 34% of the company’s total in the nine-month period. GameStop saw “unprecedented dema...