A must read post by sleek
sleekscape Member Level Tuesday, 06/24/14 01:15:29 AM
Re: None
Post # of 60198
2015 Revenue Projections = $50M - $100M
Only FACTS in this post, read below:
Revenue projections for 2015 are going to be $50-$100 million
“The odds are better that we end up with just a cultivation facility,” Peterson said. “That’s where we think we have a strategic advantage.”
Peterson envisions a 30,000 square-feet to 50,000 square-feet cultivation plant, for which the company budgeted $3 million. A production facility could cost about $1 million, he said, while a retail store could cost between $500,000 and $700,0000, plus another $100,000 for security.
The company picked out real estate for a dispensary near Desert Inn Road and Decatur Boulevard, in order to be close to the local population and a short distance from the Strip and downtown Las Vegas.
Here’s how Peterson breaks down the figures: a 50,000 square foot cultivation facility, with a staggered growth schedule, could produce 50 to 75 pounds of marijuana a week.
In other markets where marijuana is legal, the plant sells for $2,500 to $3,000 per pound at wholesale. That’s upward of $225,000 per week for a cultivation facility. Dispensaries then sell at about $5,000 to $7,000 per pound to the public, which means the dispensary would have to sell about 4,000 pounds a year at $5,000 per pound to earn $20 million.
Here's the math:
1 cultivation facility = $12,000,000
1 dispensary = $20,000,000
That is $32,000,000 in revenue in 1 year for just 1 cultivation and 1 dispensary.
What about Edible Garden ($12-$15 million in 2015)?
That is $44,000,000 - $47,000,000 of revenue in 2015.
This is reality!
Only facts!
Here is some logical speculation:
What about 3-4 cultivation facilities?
What about 3-4 dispensaries?
What about 3-4 production facilities?
What about selling hash oil pen vapes at $50 each like OpenVape?
What about the CBD supplements?
That is another $50,000,000 in revenue right there.
This is speculation, but very logical speculation.
If you cannot speculate, you shouldn't even be in the stock market.
Current revenue projections for 2014 are $7,000,000.
What do you think will happen to TRTC stock price when it announces revenue projections for 2015 of $50,000,000 - $100,000,000?
Wake up people, this stock is not going to move slowly and be $1 by end of year.
This is a $5-$10 by end of year and and $50 stock next year on the Nasdaq.
Here is some more logical speculation:
Do the math for 2016 and we are talking $200-$400M
Remember, 1 dispensary = $20M, 1 cultivation = $12M and 1 production = $10M (very conservative estimate because hash oil pen vapes are huge money and CBD supplements should be huge money)
So, TRTC revenues for a single dispensary, cultivation and production = $42M
If they have 5 of each in 2016 = $200M
If they have 10 of each in 2016 = $400M
By 2017/2018, we are talking Billions of Dollars!
And this is not accounting for recreational marijuana sales, only medical marijuana sales.
Have some vision!
All weak longs with no vision -- these are FACTS!
This is not pumping, this is REALITY!
Sleek
