Why I believe EMH will be a 5 Billion dollar Company next year! We all know that at least for a while there will be a shortfall of Canadian Cannabis in 2019 as all LP's are scrambling to increase production for the Legal Rec. market that starts this SUMMER.
So Dollars per gram should be relatively high. IMO 8-12/gram (supply v. demand)
EMERALD HEALTH - EMH, EMHTF. Should produce nearly 100 thousand Kilos in 2019.
52K kilos with the Pursunfarms deal. (under stated total IMO>)
10K kilos - Agro-Biotec acquisition
38K kilos - Approx. In house - Metro Vanc. and Victoria facilities.
100,000 kilograms X 1,000 = 100,000,000 grams of honest high quality cannabis.
After factoring the cost of production and goods, My bottom line profit estimate is $3.00/gram
Probably low ball.
So folks that's $300,000,000 in profit in an emerging industry with unlimited potential, especially when you factor in the medical and recreational sides, aka foods, beer, vapes, pills capitals and ointments.
Put a PE of 20 on that 300 mill and that's a 6 Billion market cap!!! Looking at more dilution over the next year. 150 million outstanding share (my guess). 6,000,000,000 / 150,000,000 = $40/share.
Canopy Growth is at the moment sitting on a 6 billion market cap NOW! Very possible. All IMO!
