Cronos Group Inc (CRON)

[ZenMan 111]

“As important as all of the previous numbers are, probably the single most critical update in Cronos Group's Q2 report was that its expansion effort is on schedule. Cronos stated that the construction of its Peace Naturals Building 4 "remains on schedule and cultivation is expected to commence in the second half of 2018."
“Currently, Cronos only has an annual production capacity of around 6,650 kilograms. Its Peace Naturals Building 4, however, is a 286,000-square-foot facility that will boost the company's total annual capacity to more than 40,000 kilograms.”
“Cronos also recently announced that it's starting a joint venture, Cronos Growing Company, with a group of investors led by greenhouse expert Bert Mucci. This new company plans to construct an 850,000-square-foot greenhouse in Ontario with an annual production capacity of 70,000 kilograms.” “Overall, Cronos Group's Q2 performance was quite good. It also hints at why Cronos stock is up 250% over the last 12 months.
The average selling price of CA$7.12 per gram that Cronos achieved in the second quarter and the company's projected annual capacity of around 40,000 kilograms after Building 4 is ready to go implies revenue capacity of CA$285 million. If demand in the Canadian recreational marijuana market is as great as some think it will be, Cronos could see its revenue jump exponentially next year.”

https://www.fool.com/investing/2018/08/14/this-canadian-marijuana-stocks-gross-profit-soared.aspx