RE:North Road plansBellsey wrote: Emailed Will asking if he thought there would be any issues filling the NR vault when REC hits, so they can hit the ground running. Kind of amazing to think you could have a few gallons of CBD and your 6.25 mil vault is almost full. I haven't vetted the numbers he quoted yet, but doesn't sound off.
Hello and thanks for your email.
Keep in mind that the proposed "micro-cultivator" license will require those growers to sell through an LP...thus the perfect fit for North Road's business model as a conduit to the retail market. We see no issues in filling the vault with dry plant material or extracts (oil).
Assuming the following #'s, we plan to increase our vault capacity at some point.
1 litre of pure THC is worth about $80k retail.
1 litre of pure CBD is worth about $200k retail.
1 Imperial gallon of THC is worth $360k. 1 imperial gallon of CBD is worth $900k.
Thanks for your support!
Will
Now your starting to see the numbers make sense . Once upgraded to a Level 9 this will increase significantly. Extracts are small in size and worth big $ especially for research purposes. That's where I suspect some serious margins will be made . Selling extract to global market for research...