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..
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