Bullboard - Stock Discussion Forum CannaRoyalty Corp C.CRZ

Origin House is a growing cannabis product and brands company operating across key markets in the U.S. and Canada. The company delivers over 130 branded cannabis products to the licensed dispensaries. It provides distribution, manufacturing, cultivation and marketing services for its brand partners. The company operates through two operating segments, The Corporate segment derives income from... see more

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CannaRoyalty Corp > Food for thought and the reason for buyback!

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Post by Cannabis1 on Aug 10, 2018 4:16pm

Food for thought and the reason for buyback!

Take for example floracal which closed July 3rd. In 2017 the company generated 6.4m US and 3.2m in EBITDA and with their low tax rate 2.6m US in net income! Keep in mind their max capacity is less than 1000kgs per year or 1m grams. The selling price is $17 per gram because of their ultra premium 33% thc levels. So last year floracal sold 375,000 grams non red market. Their new facility which will be operational q1 2019, will have a capacity of 3700 kilograms per year. That equates to 3.7m grams st $17 . Potentially US $63m in revenue and 26m in net income. Almost .50 cents in earnings from floracal alone for Crz! This is for only 1 of their co's? Take any multiple you want it all adds to a rocket ship ready to launch! Do you think canopy does 50 cents in earnings next year? Good luck!

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