The numbers I used are potential revenue...and not actual revenue. At this point only Canopy is far enough in their buildout...and large enough to be currently generating $ 100,000,000/yr. in actual revenue. We are not Canopy and never will be. Canopy has over $ 5 billion market cap. Other companies are still expanding cultivation/production operations also. Canopy Growth is $ 47 a share. When MRPHF can show $ 100,000,000 of actual revenue...we too will have a lofty valuation. Are we worth $ .20 or multiple dollars per share? Our potential revenue footprint throughout 2019 suggests we are in for a very good ride. I expect buyout offers will become too much to resist at some point in 2019.
Record revenues quarter after quarter will be happening in 2019 as each new facility becomes operational and revenue producing.
I can't predict what MRPHF stock price will go to...(no one can)...but it should go up a lot as each of our revenue producing operations reach completion. In early 2019 MRPHF should see completion of 49,000 sf of two cultivation/processing buildings in Desert Hot Springs and 65,000 sf of cultivation/processing in Vegas. That's over 100,000 sf of additional cultivation/production revenue potential coming on line. That is massive YoY revenue growth.
The other good thing about reaching revenue stage is we will have less reliance on selling shares for expansion purposes.
These are my opinions and some are made based on info provided in MRPHF PR's.
GLTA
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