Latteno Food Corp (fka LATF)

[sprtcrdlui]

Medical Marijuana Patients Number 750,000 - 1,125,00 In California, this was in May 2011. Now numbers can be easily in the millions.

http://www.tokeofthetown.com/2011/05/medical_marijuana_patients_number_750000_in_califo.php

Green Cannabis Collective, Inc. has Nice location in Santa Ana, CA. Just using 1% of 1,000,000 looking at around 10,000 customers visits in a year, divide by 52 weeks = 192 customers a week. 27 visitors a day if they were open 7 days a week.
If a average customer would spend $100.00 a visit that would be
a $1,000,000 dollars a year.
If 10% would be regulars and spent around $300 a month .
That would be about $300,000 a month revenue. Around $3,600,000
in revenue a year.
We looking at 1/10 th of a percent Medical Marijuana Patients.
Using that revenue figure of $3.6 million.

Revenues for 2013 can easily be $4,000,000 and profits of $400,000 - $500,000 .
That would make profits around .07-.10 using a mutiplier of 7 -10
Looking at a .70- 1.00 a share.

This is just a estimate . Could easily go higher. Any thoughts.