Christina Lake Cannabis Corp C.CLC

Comparing market caps, CLC to BBM

[phoenix_trader]

Similar production profile with the same Vitalis R200 (GMP) extraction equipment.

Blueberries is a Colombian cannabis producer with owned and contracted sources of supply for the Vitalis extraction equipment commissioned in Feb.2020. Caveat, awaiting Colombian government approval for high THC cannabis production, will toll process Medcan's high THC in the meantime. Seasoned Colombian management with a very low burn rate.

Christina Lake is an outdoor cannabis producer in southern BC with an initial 2020 crop of 22,500 Kg recently harvested. New hires in the marketing area. Major plans to increase production for 2021 crop, will toll process in the meantime.

Market cap BBM - $7 million.
Market cap CLC  - $38 million.

[Benedictus]

Phoenix, please save the BBM pumping. Anyone who actually does there dd and reviews the  current financials of CLC and BBM  will see vastly different companies. Notably, BBM is blowing out their share structure to stay solvent. This time next year I'd imagine they have closer to 230 - 250M fully diluted shares unless substantive sales orders appear very soon.  As regards CLC

[phoenix_trader]

While CLC's harvest dries out and extraction test runs commence, BBM is processing both owned and tolled Medcann product. Look, I grant you, Blueberries is still early stage and could need more money but the insider buying is hard to refute. Colombia can grow and harvest year round, the same extraction equipment has been working since February and they have not inventoried any growth to date

[Fishercat1]

Well Ben then why are you wasting our time looking for info on BBM ?. We were kind enough to provide what we know about BBM to you so guess it was just a pump for CLC ?. All good Ben . Hands down winner for cheap land, labour , and right all year round sun is BBM not Bc with all kinds of weather so yikes guess that means you grow A Lot  Less.Weed Huh . Snowing today in BC lol BBM Havested 1

[Benedictus]

fisher, I am at a loss to respond to your bizarre posts. As I said on the BBM board, not here, I'm doing dd to discern if it's a valid investment opportunity for my money. I saw a posting on the BBM board comparing it with CLC which led me here and to do some cursory dd. I posted to pheonix specifically about the comparison made because the more I dig into BBMs financials the more I

[phoenix_trader]

Benedictus, My interest in CLC started when I was tyying to find DMG Blockchains (DMGI) crypto mine on Hwg 395 (September road trip). No signage on either the DMG site or the neighbour to the south. The distinctive aroma from the neighbour site prompted a google search for cannabis at Christina Lake, which led to the aerial pics and the realization that both properties no longer bear any

[FreeDom789]

Totally agree Phnix! BBM way undervalued! Ground floor with great upside potential! CLC more than certainly being affected by tax loss season! 

[Benedictus]

Pheonix, appreciate the insights. I have CLC and BBM on watch. They're both interesting for very different reasons. But it's all about the downstream dynamics at play here. The supply side chain is not as easily discernible as most investors like to believe. The emerging "winners" understand the sweet spot in their relative markets. California for example is a far different

[smallcapguy7]

Wondering if anyone has reliable information as to what the potential oil yeild per kg is? And what the potential 'wholesale" value, CLC's 32500 kg of dried cannabis crop would then be?  Im interested in getting into this space but info is all over the map as far as values, and thus valuations of the companies.  thanks

[Fishercat1]

The norm is 4 to 5 grams of weed for 1 mil of oil Small. You must also factore in the quality of the weed so there is some variance . Hope this helps cheers . 

[smallcapguy7]

it does thank you, so based on that we should end up with 6.5 million ml of oil, with a wholesale price of $2 per ml=$13M  @ 40%net margin=$5.2M divided into 110M fully diluted shares=.049C net per share@ 15X multiple =.73 share price. Would appreciate any input into my calculation. thanks

[Benedictus]

I heard an interview recently, I believe it was BBM, where they said 7,500kg would yield  approximately 1,000 liters, so if that is accurate then CLC's 32,500kg would yield in the vicinity of 4.3M ml. Anyone here with more knowledge of these conversion ratios? These revenue projections look small. Unfortunately the investor deck offers no revenue projection timeline. 

[Fishercat1]

Plenty of info if you google Ben which I did . Thing is its all over the map when you consider different strains and shake (Leaves not buds ). What I posted was a general concensus and what I know from a few friends in the industry as this question is not a new one . Typicly 4 to 5 grams per 1 ml of CBD Oil.Hey knock yourself out and check it out yourself  Have a good day boys . 

[smallcapguy7]

Im not a consumer of cannabis products so a bit lost in all the lingo, Im mostly curious as to the "wholesale" price per ml of oil?  I used $2 per ml in my equation.  But im not sure if the oil is the highest margin product they will be selling either.  Terpenes and Isolates would surely be more valuable I would think.

[Fishercat1]

My wife uses the CBD oil for pain manegment Small . 1 Bottle of CBD Oil costs her 92$ for 30 ml . Bear in mind there are many kinds of product . Some with higher and lower % of Thc vs CBD .So body stone to cope with pain (CBD) VS Head  Stone (THC) . Much cheaper to just buy weed for the latter . So her  cost is about 3 $ per mil . Now take off costs to produce, package , ship, profit for

[Sparkleman]

One joint is considered one gram valued at $5-$10. Times 32,500,000 grams, equals $162.5 million. That should have an effect on the stock price. As the Capital value is now $89 million and the stock price is about $1 per share. They are also advertising that they have only high THC cannabis. 

[satchmo6]

its an area my family liked---when camping on the way to Lethbridge AB