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DanWebzster

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DanWebzster

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Re: DanWebzster post# 154

Thursday, 05/10/2018 3:25:03 PM

Thursday, May 10, 2018 3:25:03 PM

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OGRMF is the only public cannabis grower in Canada to have approached profitability while growing production levels.

OGRMF is growing both dry weight and oil production.

A production milestone of 36,000 kilos by the time recreational cannabis becomes legal in Canada will put this company on a path to profitability. Ceiling production is 113,000 kilos.

5/18 MC = ~ $500mn

Q-2/2018 reported a sequential lowering of cost/gram from 2.19/g to
1.22/g

The article doesn't say anything about the projected price at which cannabis producers can sell their production.
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