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Re: JoshBosh post# 5055

Thursday, 12/12/2019 3:09:09 PM

Thursday, December 12, 2019 3:09:09 PM

Post# of 14223
Josh:

The company has repeatedly stated that they expect sales to be in the $30MM range once they start hitting on all cylinders. Further, many have posted their calculations on this board already and how many pounds of flower can be expected per harvest given the known size of the grow rooms. Multiply that by the known selling price of high-end cannabis and one arrives at a sales per harvest. Throw in their other revenue streams and they may or may not make the $30MM target. Even if the number is half that amount, that would still have us trading a less than 1 X Sales.

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