Thursday, June 13, 2019 1:41:55 PM
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=149374109
~GRYN $1.49...
Revenue Thoughts on this one property alone which has close proximity to the recent purchase order for hemp in this press, we can assume the San Diego property will be the supplier for this first Hemp contract..
Green Hygienics Holdings Inc. Secures Purchase Order for the Sale of Hemp to U.S. Tobacco De México
https://www.otcmarkets.com/stock/GRYN/news/Green-Hygienics-Holdings-Inc-Secures-Purchase-Order-for-the-Sale-of-Hemp-to-US-Tobacco-De-Mxico?id=231052
Over the next five years the Company will deliver in total $56.4 million worth of hemp flower to US Tobacco De Mexico for use in the production of CBD hemp cigarettes.
We, or Many will look back and think, why didn't I clear everything under $5..
The property offers ideal conditions for hemp cultivation, with the potential to harvest two crops per year at an estimated 1,200 to 1,500 pounds of hemp per acre, representing substantial new revenue opportunities
“Given that there is the potential to harvest 1,200 to 1,500 pounds of hemp per acre, we can produce two crops per year, and the price of hemp is at an average of $50 per pound, this initiative has the potential to produce significant revenues for the Company,”
Green Hygienics Holdings Inc. (GRYN) Pursuing Acquisition of 824-Acre California Ranch Property
~Rig
824 acres X 1350 pounds per acre = 1,112,400 pounds X 2 crops per year =
2,224,800 pounds X $50.00 = 111,240,000
One hundred eleven million, two hundred forty thousand dollars.
With this small o/s..
Outstanding Shares
34,707,835
06/01/2019
And a conservative profit margin of 50% on the 111,240,000
We have a profit number of over 55 million dollars
This equates to roughly $1.50 a share earnings
Attach your hypothetical price per earnings to this number and we get
10 PE $15.00 a share price
20 PE $30.00 a share price
30 PE $45.00 a share price
I hate to see people miss this one, do your homework, check my numbers and go from there. Remember, this is only one property and GRYN has already secured licenses in Michigan for cultivation and processing as per previous press indicated here..
Green Hygienics Holdings Inc. Secures Licenses for Cultivation and Processing of Hemp in the State of Michigan
https://www.otcmarkets.com/stock/GRYN/news/Green-Hygienics-Holdings-Inc-Secures-Licenses-for-Cultivation-and-Processing-of-Hemp-in-the-State-of-Michigan?id=225947
What will happen if they complete the acquisition of Coastal Labs?
Green Hygienics Holdings Inc. Announces Letter of Intent for Acquisition of Coastal Labs
https://www.otcmarkets.com/stock/GRYN/news/Green-Hygienics-Holdings-Inc-Announces-Letter-of-Intent-for-Acquisition-of-Coastal-Labs?id=224904
With this acquisition of Coastal Labs, Green Hygienics will be adding one of the premier labs in North America to its Brand Portfolio. The company will continue on its stated path of making strategic acquisitions that can be vertically integrated into overall operations and create extraordinary value for shareholders.
The writing is on the wall for all of you that take time to review.
If you can and don't participate, I believe you will miss one of the biggest sector plays out there.
And remember, the float is under 5 million and the CEO owns 22 million shares.
https://stockpicksbyrigatoni.com/free-due-diligence/
~Rig
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