InvestorsHub Logo

HoldHigh

11/15/18 3:23 PM

#775 RE: Medflower #768

Per TCNNF documents
CULTIVATION FACILITIES
Current 507,100 ft2 of total cannabis cultivation facilities
Current ongoing construction of an additional 127,400 ft2 to be finished in FY18
Current annual growth capability 19,429 kg
Following completion of additional square footage, further 10,215 kg of capacity

507100 ft2 current cultivation facilities
127400 ft2 cultivation to be added this FY 18 = 634500 ft2

ANNUAL GROW
19429 kg current grow annually
10215 kg capacity end of FY18 = 65216 lbs.(I converted kg to lbs) since the year is almost over they will grow less than this number, but they will have capacity by the end of this year.

So at the end of FY18 they will have 634500 ft2 of
cultivation facilities and they are saying this will allow for 65216.90 lbs.

Based on your numbers and TCNFF numbers 634500 ft2 / 10 ft2 = 63450 lbs. So they should be growing 63450 and are projected to grow 65216.80 which is 1766.80 lbs more than they need according to your 1 lb 10 ft2.

Of course to get yearly figures we’ll have to wait until the end of 2019, but it appears they are positioning to exceed industry growing standards (1lb 10 ft2) beginning Jan 2019 going forward.