call. in thanks afternoon, our for and third participating everyone, quarter Good
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talked we June As and and we dealt with consumer quarter inflation they of about material the July, last higher weakening in gas as saw prices. increased cannabis
Nevada During of Vegas as and usually that the all an Visitors the customers are number conditions. clearly consumers California adapting was are how Las vehicles These quarter, according cannabis represent X% Convention In there show drop the approximately from to in from the in $XX.X to million and from Authority. lower QX, statewide macro to consumers Nevada, revenue million Medizin from and from wholesale million. of curbside revenue million directly lower The the sales. and $XX we in sequential SuperStore total delivery, dispensary $X million generated $X and was $X.X SuperStore, related
spending quarter-over-quarter on the XX% at latest This sales has tours, increasingly by consumer. driven year-over-year Looking local Nevada data, been state decline. and cannabis, track on the a X% for a is lower decline, and strained statewide
acceleration dispensaries more on the in year-over-year, XX% flower in aggressive year-over-year and increase coupled sales. competitors compete and lowered pricing Nevada, pricing had the incredibly the of our in prices and of also try of dispensaries. by supply with despite were prices also we for more increase impact flower, was an an Cannabis quarter, price in number down specific an This XX% This Nevada. across as saw are pressure cannabis limited
keys We’re a to our able our the to are share X%. maintain at of of There success. market couple
to utilizing blanket discounts, dollars and discounting and cutting. consumer compared robust and be our targeted database price promotions to profit unique very maximize implemented we First, gross
match to assortment stale inventory. We continue our tuning fine needs consumer avoid and
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various was at X selling edible X flower vape our number number was brands, X grew is was TRENDI HaHa which brand; and – brand; September. in number to brand the Looking flower brand our highest Medizin
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We’re also entering year into February. through November from a the seasonably slower period of
growth California, location. to saw we up XX% We County our at X% sequentially. million, Orange generated Turning revenue sequentially $X.X of
We see the sales as project practices marketing own that perfected promotion service in growth we brands, from continue to institute Nevada we our to tactics. assortment, quarter-after-quarter, to including customer and
owned our acquisition as positive what’s On part which to And we’re the The and in have of and operations. Green growers. integration continue side, to vertical our with expert traffic incremental our brands the created Next Wave synergies cultivation team, pleased production themselves driving improve is Nevada, store. facility are the and grow the California the
almost California. generated On product we own the our to wholesale was in down doubling shelves million. from the side, amount we QX This allocated to $X.X due of
the to market prioritizing margin differentiator retail in as item the single and can are run extra utilizing our new We in draw a customers. net promotions own shelves that
and challenging prudent challenging that why is and increase to challenging, into compression has California, in expect during incremental well Having we forecasts Overall, expenses. very performed wholesale. both that, and we long changes to storms our economic take a as improves. in gains. as of Nevada, economy macro and to before focused Dennis we’re markets be this our price we’ve same financials. XXX the stay With XX some continue reap as We and discuss pass our weathered sequentially our the and knowing with an the that, outperforming continue share maintain not entering despite comfort I’ll maintain currently. other today, very market, retail to in dispensaries market incredibly that company the number from commitment will XXXX, to into ahead been will we in XX% to seeing there other we as federal for it conservative conditions, period are our on the California, benefits it has consumers, we in legalization clear Looking said on