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HokieHead

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HokieHead

Re: 9HikeDiscGolf post# 23

Sunday, 06/29/2014 8:45:58 PM

Sunday, June 29, 2014 8:45:58 PM

Post# of 33
These guys are buying the equipment, have the warehouse as if the MMPR application is already coming. Huge news IMO.

If they get the MMPR they could be doing this:

If the company can sell 24,000 kilos of weed for an average price (conservative) of $5 per gram, that is gross revenue of $120 million annually. If the cash cost of production is $0.80 per gram, giving the company a gross margin of 84 percent, or $100.8 million, then potentially an operating profit of $0.40 a share.

A PE of 25 for this booming industry puts this around $10 a share..

STRONG BUY...

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