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Re: happyglass post# 55975

Monday, 05/22/2017 2:30:53 PM

Monday, May 22, 2017 2:30:53 PM

Post# of 128526
and I think that $WEED will be producing over $70 million a quarter in cannabis by third quarter FY2018 - next croptober, (last one they did $40 million in cannabis growth, but they added 6 new rooms and MT) and from there they will average that much or more from then on out. few quarters after that legalization occurs and then they are selling that amount each quarter......

Before they actually sell $70 million a quarter they will have over $200 million in cannabis inventory....

I think this kind of growth is doable with what they have in operation or built out and ready to go right now. There will be some dilution on the way to get it all done and more.....

going to be an interesting next couple years I hope

my (hopefully) conservative estimate is first year of recreational cannabis will be $3 billion in sales for medical and recreational - and we do 10% for $300 million in sales first 12 months of legal recreation. If they do anything better than that it is probably a good hold right now