Sunday, June 25, 2017 10:50:53 AM
1. Projected Primary Harvest: April - October
A growing method of centering each plant in a 6x6 area will amount to a total of 228 plants with an average yield of 3.5lbs per plant of flower and 3.5 of trim, with the right genetics.
*Current wholesale price per lb of flower= $1250.00 *Current wholesale price per lb of trim= $50.00
228 x 3.5 lbs = 973 lbs
973 lbs x $1250.00*Wholesale flower price= 1,216,250.00 1,216,250.00
+
973 lbs x 50.00*Wholesale Trim Price= 48,650 0,048,650.00
=
Estimated Primary Harvest Fair Market Amount: 1,264,900.00
2. Projected Secondary Harvest: Nov - March
2017 is the first growing year on this new site, typically there would be 3 harvests annually, but for this initial year buildout of greenhouses after the primary harvest will limit us to only one additional harvest. Secondary harvest typically are about 60% less total harvest weight than a primary harvest. Smaller plants are utilized but the canopy sq ft used remains the same. *Currently off season fresh medical marijuana demands a premium price with an additional $250.00 added per lb at the wholesale level.
973 lbs - 60% = 389.2 lbs of secondary harvest flowers, and 389.2 lbs of trim.
389.2 lbs x 1500.00*Premium Off season price= 583,800.00 583,800.00
+
389.2 lbs x 50.00*Wholesale Trim Price= 19,460.00 19,460.00
Estimated Secondary Harvest Fair Market Amount: 603,260.00
3. Projected Primary and Secondary Harvest Totals:
2017 total estimated primary harvest value = 1,264,900.00
+
2017 total estimates secondary harvest value = 603,260.00
Estimated total 2017 Gross Harvest/Income value = 1,868,160.00
http://www.marketwired.com/press-release/calipharms-and-pacific-cannabis-growers-execute-acquisition-term-sheet-otc-pink-kget-2203373.htm
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