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There are tonnes of number crunching already completed

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Coho20   Sunday, 07/19/20 04:36:42 PM
Re: ibme post# 1166
Post # of 1366 
There are tonnes of number crunching already completed that support my rather conservative $0.20 by next spring. Why don't you do a little DD for yourself rather than have others do it for you? Ok here is one of many out there. Go find a few for yourself next time. "Before COVID, they projected 250,000 kg of product for 2020. They also projected that phase 2 would not be fully operational until July 2020, meaning most of the 250,000kg would come from phase 1 (1/5th the size of the full capacity). Now, let's be conservative and low ball the full capacity like crazy and only double annual product once the building is at full capacity making 500,000 kg annual product (it'll obviously be way more, but we'll set the bar low for now). A few PR's ago, they announced that at their other facility they project 50,000 kg of hemp this fall. 50,000 kg per harvest, 4 harvests per year that makes 200,000kg of hemp annually. Just from these two avenues of revenue alone is 700,000kg of flower per year. Let's go ahead and say $0.50 per gram and that's 350 million annually in revenue. That's 88 million per quarter."

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