Just checked out the Woodmere Nursery on Google satellite, and found something quite interesting. The satellite view reveals a large riverfront nursery with multiple greenhouses situated along the Bulkley River in Telkwa BC.
The interesting part is Maple Leaf's indoor grow facility sits right next to Woodmere Nursery. The reason for optimism that the acquisition will actually happen, is the founder of Woodmere Nursery is on Maple Leaf's Board of Directors.
Another reason for optimism is the revenue guidance estimates given in today's press release. Maple Leaf's new Chief Grower estimated a annual production rate of 121,000,000 cannabis clones with a selling price between $5 to $10 a clone.
This number seems astronomical until you visit the Woodmere website that says they currently produce 12.5M evergreen seedlings annually. The Chief Grower estimates 18 cannabis clone harvests per year, compared to the current 3 evergreen seedling harvests per year.
In a perfect world where Maple Leaf had supply agreements to offload this much product the total yearly revenue would be $605M based on the lower estimate of $5 per clone. It will take time to ramp up to this level, but even 1/4 of this total would be a smashing success.
Initially they could use the majority to supply commercial outdoor growers who will need massive numbers of clones to fill 1000s of acres next summer. The Chief Grower appears to have research & cultivars for every growing condition.
First things first, get the deal done, finish and license the indoor facility, secure and license the nursery, finalize supply agreements ahead of cultivation, and start growing Maple Leaf. Tweet us some ground level pics of the new facility. Social media is important. imho glta https://www.woodmere.ca/index.html https://www.globenewswire.com/news-release/2019/08/29/1908358/0/en/Maple-Leaf-Green-World-Inc-Has-Retained-Aaron-Boh-as-Chief-Grower-to-Spearhead-Its-One-Of-The-Largest-Indoor-Cultivation-Facility-For-Hemp-Seeds-and-MJ-Clones-in-Canada.html
Woodmere Nursery address for Google satellite.
13399 HWY 16 East Telkwa, BC https://www.google.com/maps/place/Woodmere+Nursery+Ltdemail@example.com,-127.020017,901m/data=!3m1!1e3!4m13!1m7!3m6!1s0x5475a6ae595e1d1d:0x1b4f3a45deffb7db!2s13399+BC-16,+Telkwa,+BC+V0J+2X2,+Canada!3b1!8m2!3d54.6761236!4d-127.0146172!3m4!1s0x5475a72cff6ed993:0xd49bec584b73fda8!8m2!3d54.6738891!4d-127.0138702