News - Breaking down the numbersBreaking down the highlights to quantify the implications to financials: - 8,000 kg of product available for sale in 2020, which equates to ~$40 to $48 million in 2020 revenue (at CAD $5 to $6 / gram)
- 6,000 kg harvest in 2020, which means 75% of 2020 revenue will be grown internally (cash costs <$1 per gram), which should really drive cash flow this year
- 11,000 kg of product available for sale in 2021, which equates to ~$55 to $65 million in 2021 revenue (at CAD $5 to $6 / gram)
Please correct me if I'm wrong, but these numbers do
not include the German business, which has hit a lot of milestones in the past few weeks, and respresents significant upside over the forecasts presented above. Not to mention they already have multi-million dollar agreements in place in Germany and they are just getting started there.
IMCC has continued to deliver, keep up the great work!!
https://www.newswire.ca/news-releases/imc-announces-record-harvest-by-focus-medical-and-update-on-israeli-operations-850085769.html