GreenGro Technologies Inc (GRNH)

[Fishyjoe1]

Darthyoda here's some food for thought. IF CA legalizes this year (I'm sure they will) that’s 25.5 mil (age 21+) potential customers. Say you own a 10k sq. ft. green house and you allow 2sq feet per plant that’s 5000 plants. To keep good solid coverage let’s say you need 15 people to maintain the plants. If CA passes $15 min wage your looking at just under $500k in yearly wages, not to mention benefits.
A 30x120 Blackout system starts at $34,900 (x3) and you add on a bunch of bells and whistles so we’ll call it $50k each. So your gonna spend $150k and let's say another 10 to 15k to get set up with the new cameras and the automated control system with the monitor and control, now you’re looking at 2 employees! 65k (in wages) + 165k (for equipment) = 230k that’s less than half what it would cost not going automated! And you're saving $400k in wages year over year.
2016 might not be huge but the end of 2017, beginning of 2018 will be massive!

GRNH