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MagicStone

11/03/16 2:42 PM

#80871 RE: Prudent Capitalist #80864

California market is larger than Canadian, and Canadian LPs are worth more than half a billion dollars, with the same grow as us and same equipment. wait lets compare!

$CGC market cap: $734 million
License to produce: 12 000 kg or 6613 pounds per harvest (assuming 4 harvests per year)

$CGRA market cap: $6.8 million
License to produce: 30 000 sq ft. / 3 feet per plant 10 000 plants, at 1 pound each, 10 000 lbs per harvest. If they have 4 harvests, that is 40 000 lbs at this rate or 18143 kg, more than the largest legal MJ producer in the world is even licensed to produce.

$CGRA could be bigger than the largest legal MJ producer in the world, if they hustle. Not to mention Nevada, Arizona, Colorado, New Mexico, Oregon and Colorado are all in direct Vicinity of Washington, and CGRA distribution lines.

Look at the map, CGRA is in prime MJ distribution location. http://thecannabisindustry.org/state-marijuana-policies-map/

Canada only had maybe $80-100 million in medical MJ sales in 2015, look at the map and scroll over some of these states and how much money they are making off weed.