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Friday, September 27, 2019 7:39:08 AM
"harvest and process crops on a monthly basis, with each crop yielding approximately 3,500 pounds of quality flower"
monthly crops. 3500 lbs per crop. 12 months x 3500 lbs/mo = 42000 lbs annually when they get to full capacity (they mentioned they are around 1/3rd)
So referring back to my post where I referenced scenarios: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151051385
100% Scenario: 120,000 lbs x $1196/lb = $143M
50% Scenario: 60,000 lbs x 1196/lb = $71M
25% Scenario: 30,000 lbs x 1196/lb = $35M
10% Scenario: 12,000 lbs x 1196/lb = $14M
42k lbs x 1196/lb = $50.2M.
1/3 of 50M is around $16.7M per year at current capacity, little over $4M per quarter gross revenue
Unless I got the crop calculation wrong, can someone check the math?
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