Good news! 5000 sq ft grow = $millions annually..
Here's a breakdown of square footage production estimates for clones. Been doing this for 15+ years in Oregon and have a fairly good handle on realistic projections:
1) Avg clone needs at least 4" X 4" to grow horizontally, 12" vertically and be ready for sale in 3-4 weeks (each cutting needs to take root and show signs of vigor which can take 3-4 weeks).
2) Grow platforms can reasonably have a height of 12' and be manageable (with moveable ladders). Each horizontal level of the grow will need about 12 inches in height to allow for lighting, container and plant. That means a pod with 12' ceilings can grow 108 clones per sq ft of floor space on 12 verticle levels. I think the current pods used by LVVV are 8' but that can be altered so I'm going to stick with the 12' verticle height. (Height, and therefore production can be adjusted to whatever it is).
3) With 12' ceilings there would be 12 levels of clones, lights, containers, etc. Each sq ft of floor space would produce 108 clones.
4) With a 4 week rotation that means 108 clones per sq ft X 5,000 sq ft = 540K clones per month. 540,000 X 12 (months) = 6,480,000 clones produced yearly.
5) If Colorado, Washington and Oregon are any indication then LVVV can expect to receive between $10.00 and $35.00 per clone on a wholesale basis. Clone value depends on strain (THC and CBD percentages, length of time to harvest, quality of end product, reliabilty of strain genetics, buzz surrounding strain, etc, etc.).
6) If we assume a conservative average wholesale price per clone of $10.00 then a 5000 sq ft area that is 12' high should return a gross revenue yearly to LVVV of $648 million. The 7X Pure platform of LVVV could raise this average to much more. Especially with the just approved distribution license and LVVV's ability to gain the confidence of the industry who know what they may be able to get per clone.
How many square feet does LVVV need under cultivation and with the 7X Pure seal of approval to make every long on this board considerably better off?
NO BRAINER!!!
4LVVV$$
AIMHO, of course.............
