InvestorsHub Logo

tikotiko

01/25/20 10:04 AM

#6557 RE: VERAX #6555

Yes, I have been doing rough extrapolation calculations and the potential is indeed tremendous. I assumed they ended 2019 with roughly 20 fully producing dispensaries, and with a quarterly revenue of $15M. If 2020 involves an average of 25 fully producing dispensaries, which I think is conservative, the average revenue should be about $19M per quarter or $75M for the entire 2020. If the average number of fully producing dispensaries reaches 30 in 2021, the average revenue could be about $23M per quarter or $90M for the entire 2021. I realize that these are rough linear extrapolations and that many other factors may affect the actual numbers. Nevertheless, I believe that revenues in excess of $70M and $80M are quite possible in 2020 or 2021, and $100M a bit later.

Glad to be corrected by others that may have better estimates.

LIBERTY LONG!