In the Q4, Cannagistics Inc 's corporate clients experienced a reduction by -5.66 % in their costs of revenue, compared to a year ago, sequentially costs of revenue grew by 15.46 %. During the corresponding time, Cannagistics Inc saw a revenue deteriorated by -57.6 % year on year, sequentially revenue fell by -45.13 %. While revenue at the Cannagistics Inc 's corporate clients fell by -8.89 % year on year, sequentially revenue grew by 13.03 %.
Customers of Cannagistics Inc saw their costs of revenue decrease by -5.66 % in Q4 compare to a year ago, sequentially costs of revenue grew by 15.46 %, for the same period Cannagistics Inc revnue deteriorated by -57.6 % year on year, sequentially revenue fell by -45.13 %.
Cannagistics Inc's Comment on Sales, Marketing and Customers
Our colored diamonds are mostly sold to auction houses in Toronto and Vancouver,
Canada. We intend to sell to auction houses in the United States as we grow the
business.
We sell our other merchandise directly to distributors, retailers and other
wholesalers, who then in turn sell the merchandise to consumers through retail
stores. Independent retailers that offer our merchandise are not under formal
contracts and most sell competing products as well.
Cannagistics Inc’s Comment on Sales, Marketing and Customers
Our colored diamonds are mostly sold to auction houses in Toronto and Vancouver,
Canada. We intend to sell to auction houses in the United States as we grow the
business.
We sell our other merchandise directly to distributors, retailers and other
wholesalers, who then in turn sell the merchandise to consumers through retail
stores. Independent retailers that offer our merchandise are not under formal
contracts and most sell competing products as well.
Sources:
Cannagistics Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Cannagistics Inc’s corporate clients.
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