Cannabis Strategic Ventures (NUGS)

[sjoseph]

275000 SF X 40 grams X 4 harvests=
44 million grams per year. 2 or 3 dollars per gram will give the company anywhere from $88 million to $130 million income.
I am very conservative here.

Cannabis Strategic Ventures currently owns and operates 275,000 square feet of premium cannabis cultivation capacity, which is capable of yielding 178,750 square feet of canopy flower space. According to industry standard assumptions, the company expects at least four harvests per year with each square foot generally assumed to yield 30-50 grams of cannabis flower. Based on these industry assumptions, the cultivation capacity has the potential to yield an annual harvest volume of between 21.5 million to 35.8 million grams.

With a market rate of $2-$3 per gram of cannabis, fully constructed and optimized facilities, ideal environmental conditions and operating execution, Cannabis Strategic Ventures has an upside potential to drive well in excess of $50 million in total cannabis sales per year. Accordingly, the Company is currently projecting a baseline expectation of a minimum of $5 million in 2020 revenues from cannabis cultivation.