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Thursday, 05/28/2020 6:32:22 PM

Thursday, May 28, 2020 6:32:22 PM

Post# of 20590
1.63 cent PPS for ONE FACILITY600,000,000 million dollar company at full operation...

After it leaves Paragon Processing, product then makes its way to a white-label distribution center in Colorado Springs. The 45,000-square-foot partner facility churns out volumes of hemp-derived products each day – from 1 million gummies to 10,000 tinctures as well as wellness products such as lip balm and sunscreen.


https://www.agriculture.com/news/crops/largest-industrial-hemp-processing-plant-opens-in-colorado
Currently, Paragon Processing offers full-scale processing for up to 1 million pounds of hemp biomass per month. For the 2019 harvest season, which runs from September through November, the company plans to expand to 2 million pounds. As the company expands, it plans to fill 250 positions by the end of 2019.
December of 2018, hemp biomass averaged only $54 per pound. This amount has jumped to $57 per pound in Q1 of 2019 and is expected to grow beyond $65 per pound in Q3

1 million pounds *12 months =12 million pounds times 50$ per pound is $600,000,000 million per year! Now multiply times margins of minimum 25%. 600,000,ooo*.25% =150,000,000 in net income.

150 million net income/OS(1.1 billion for sake of the argument)
.136 EPS. Times P/E Ratio is 12 = A finally price

1.63 per share.
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