70+ Canadian companies with licenses to cultivate, produce, and sell medical marijuana
6.5% of canadians everyday users
2.35 million canadians use pot every day. At 1 gram a day, times 360 days, times 8 dollars a gram, divided by 75 companies
$6.8 billion ÷75 = $90 million. Per company
10% of market = $680 million =85,000 kg
Canopy should be able to produce more then that with current cultivation plans.
Canopy should be able to capture more market share then 10%
Now you have to calculate usage from everyone else that smokes less then once a day.
if rec. Sales start by january 1st 2019 canopy shares will be $100.00 +
by 2020 best guess. This is the moment you push all in and put your nuts on the table. Or you look back with regret. Good luck to all . I really fell 10% will be more like 1 billion in sales.