They harvested 1500 lbs of flower as of Jan. 2020. Also started extraction process, and started selling CBD and oils.
This gives them another month of growing and manufacturing product ready to sell in March.
My estimate is another 500 pounds easily available to sell in March 2020.
Thereby my sales estimate for the first quarter.
2000 pounds of flower x $1750/pound = $3,500,000.
Additional CBD and oils $ 250,000
Total sales for quarter $3,750,000
And since the grow room plant count is expanding towards 500 plants per room. And in addition their grow cycle has improved from 10 days to 14 days. And with extraction of their own flower sales coming on board even more potential.
Next quarter sales should be in my opinion $8-10 million.
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