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Sunday, March 17, 2019 3:32:43 PM
Investors don't realize just yet how much revenue the grow pod tech just produced with only 154 grow pods using up only 49,280 square feet.
That's a amazingly small footprint to be producing 5-6M in revenues per quarter. The phase two expansion adding 454 pods is currently in progress. That would add conservatively 15M more to quarterly revenue based on the Q4 guidance numbers going forward.
So I'm guessing 20M per quarter by Q4 2019 if in full phase two production. Expecting revenues to increase markedly as each new pod reaches production. The beauty of the grow pod technology is you stack them in small spaces, and get growing. No building some 100M dollar facility for the same square feet.
If I were a micro grower and could produce 300+K annually with one grow pod I'd buy one. The company says they are selling grow pods in other provinces now. This could be a whole new revenue stream beyond cannabis. Wonder how much they sell for. Maybe I'll move to Canada:) Getting a license is the hard part these days. 1000s are trying.
The the future is bright and green for Delta 9. Number chruncher investors will find it first. Always in this humble shareholders opinion :) GLTA
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