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Wednesday, April 14, 2021 4:06:32 PM
https://www.globenewswire.com/news-release/2021/04/13/2209024/0/en/GCAC-Closes-Largest-Revenue-Deal-for-its-Efixii-Seed-to-Seed-Platform-with-Malta-Based-Medical-Cannabis-Cultivator.html?fbclid=IwAR0Lz1Wi4g6RMVk7VhJmdfjX703FJ-Y9oJteJcJ8789aVoem3qyW7rl0LCU
Highlights from yesterday's press release:
- Alone in 2022 the cultivator Herb will grow 44 million grams of medical cannabis.
- This translates to $8.8 million in SaaS licensing fees and $7.9 million in data sales for a total of $16.7 million.
- Herb's output grows to 66 million grams in 2023 and beyond, equaling $25 million per year at a huge 65% margin.
- For 2022, FUAPF's grams under contract goal (aka SaaS licensing) is 94 million (!).
- It's early Q2/2021 and FUAPF closed half of next year's business already.
- Herb is unique because they can generate 10x more plants per square meter.
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