InvestorsHub Logo
Followers 5
Posts 179
Boards Moderated 0
Alias Born 08/24/2011

Re: Pintus post# 117315

Sunday, 05/11/2014 9:14:28 PM

Sunday, May 11, 2014 9:14:28 PM

Post# of 194796
$8 a gram, there ya have it.

The company believes it could generate as much as $5 billion a year at more than 80% profit by selling medical pot in Canada.

Creative Edge launched a Canadian subsidiary, called CEN Biotech, and hopes to grow medical marijuana in that country, up to 1.3 million pounds annually.

"1.3 million pounds equates to about $5 billion a year — you're looking at $8 gram — at 80-87% profit," CEO Bill Chaaban told Business Insider.