Cannabis Strategic Ventures (NUGS)

[Occasian]

[LONG POST]-Still unsure what's causing the large volume
I don't believe this is a $200M company though, judging from the math in https://www.otcmarkets.com/stock/NUGS/news/Cannabis-Strategic-Ventures-Commences-Perpetual-Cannabis-Harvests-at-NUGS-FARM?id=241639

"At FULL OPERATIONAL capacity, NUGS FARM is expected to cultivate, harvest and process crops on a monthly basis, with each crop yielding approximately 3,500 pounds of quality flower. Based on recent data from Cannabis Benchmarks, the average selling price of greenhouse-produced cannabis flower is $1,208.95 per pound. ."

And also, immediately above it, "The cultivation site is operating at approximately one-third of its total capacity, with full operational capacity expected to be reached during the first quarter of 2020."

Math would estimate on average, at FULL CAPACITY,
3500 lbs * 1208.95 per pound * 12 harvests per year = 50.7M USD per annum at full capacity, which means approximately 16.7M USD per annum at current capacity. This would indicate for any quarter, we might see less than 4.2M USD in gross sales.

Later on in the same article, "1,587,573 grams per harvested crop" -- this is literally the same thing as 3500 lbs, converted to a grams number. Nothing special here - why not just start with the larger Grams number instead?

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Furthermore, in this article earlier in April, https://www.otcmarkets.com/stock/NUGS/news/Cannabis-Strategic-Ventures-Plants-20000-Cannabis-Plants-at-New-6-Acre-Licensed-Site-First-Harvest-Expected-this-Summer?id=225915

we saw an expected " six-acre cannabis cultivation site expected to produce a minimum of 30,000 pounds of cannabis per harvest, with an anticipation of four to five harvests per year."
30,000 lb * 1208.95 per pound * 4 harvests = 145M USD per annum projected April 2019.

The expected vs projected would be approximately 50M vs. nearly 150M, almost 1/3 of what we originally thought. and that's IF everything goes perfectly from here on out.
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That being said, it's not easy creating a company that can generate 16M in sales, we'll have to see the balance sheet to see exactly how much expenses takes away, and how much net profit the company makes come mid next year as they get their processes sorted.