Ok, let's talk about possible revenue now.
Facility A (35,000 SF) in Q4 18 (7,000 - 10,000 lbs cannabis/annum)
Facility B (50,000 SF) (12,000 - 14,000 lbs cannabis/annum)
Facility C (3,250 SF) at a cost of $800k for extraction completed in Q4 18 (2,200 to 3,000 litres oil/annum)
250,000 SF greenhouse facility later in 2019 for completion in 2020 (80,000 to 100,000 lbs cannabis/annum).
Let say they produce a total of 124,000 cannabis pound/year
If I use 58k revenue for June month - let’s say they sold 10,000 pound ($5.80 per pound??) , yearly cannabis revenue should be 696,000 for 1 month – 10000 pound
There is a possibility of 124,000 pound yearly, so 124,000/10,000=12.4 x 696,000.=8,630,400. cannabis/year
124,000 pound @ $5.80/pound = 8,630,400 + oil + other products – minus expenses
Is it realistic? Can we expect yearly revenues in that range?