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Re: Cubanwinner post# 67235

Wednesday, 10/07/2020 1:18:00 PM

Wednesday, October 07, 2020 1:18:00 PM

Post# of 70359
Florida will be a large producer.

No wonder why so many companies are subsidizing revenue with cannabis and entering the market... "insane margins".
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Costa Farms Cannabis
The final project will include a large cultivation complex containing about 130,000 square feet of canopy, distribution, manufacturing as well as a retail storefront with delivery. The project is expected to be complete by the end of 2021.
https://www.prnewswire.com/news-releases/newest-licensed-cannabis-dispensary-opens-in-antioch-ca-300979529.html



About Florida's Costa Farms
Through its businesses, Costa Farms generates about $500 million in revenue and sells approximately 150 million ornamental plants annually, in about 1,500 varieties.



Can you imagine if Costa Farms wanted to produce 150 million cannabis plants annually instead?!

150 million cannabis plants at 500g/plant is 75 million kilograms.

75 million kilograms is 227 grams for all 330 million Americans (0.62g/day, 1.5joints/day at 0.4g/joint).

75 million kilograms is $300 billion at $4/g..

Fundamentals are flawed.

Overvalued.
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