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Thursday, May 04, 2023 4:20:02 PM
While Everest will add between $6MM to $7MM in revenues per quarter to the top line (see prior reddit post), it's important to note that the addition of Everest will:
More than double the New Mexico Manufacturing Facility Area (going from 6k to 14.5k sqft)
Add 16k sqft in Indoor Cultivation area to the New Mexico Operations (>20% increase going from 70k sqft to 86k sqft)
Add 34k sqft of Outdoor Cultivation area (Note: this was accidently left out of the press release and amended in the regulatory filings under Full Disclosure guidelines)
Triple the Plants in New Mexico for Mexico (going from over 4k plants to over 12.5k plants). To put that in perspective, Ultra, the #1 leader in New Mexico with 38 dispensaries has only 10.7k plants in total plants covering 38 dispensaries. The addition of Everest's plants gives SHWZ 33% more growth potential at 370 plants/dispensary vs. Ultra at 281 plants/dispensary .
https://www.reddit.com/r/SHWZ/comments/137bimf/looking_past_everests_dispensaries_towards_the/
Numbers don't lie. People do.
Recent SHWZ News
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