Highlights

  • Q2-2021 revenue was $16.7M, up 29% YoY, but slightly below our expectations due to weaker than expected sales of grow pods. Wholesale revenue grew 241% YoY (from stronger production), and accounted for 27% of total revenue, up from 10% in Q2-2020. Retail revenue grew 20%, primarily due to store additions. The company has yet to start reporting same-store sales.
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