an annual revenue of $1 to 2.5 million and employs a staff of approximately 5 to 9.
Revenue and employees are about the same as a medical marijuana dispensary.
Well, Harborside in Oakland does sales of $28M/year, but they're the largest in the state. Your basic mom & pop dispensary will do over a million in sales with 5-9 employees.
{give me props, i deleted the sarcastic expletive}
So, let's say they have revenue of $2M/year. At 20% margin that works out to $400,000/year profit.
$400,000 / 240,077,760 shares issued and outstanding = earnings per share of $0.00166.
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