RE:Some quick mathThanks for providing this as most of us probably don't know most of this stuff. Only thing I see is a possible higher price per of perhaps up to 50% more? Especially if there will be a shortage of good safe pot products world-wide. So market cap could be 750 million and more if they decide to expand production somehow. GLTA
Walterthedog wrote: Assuming THC buys the greenhouse in Ontario we will have 400 000 square feet at full build out of (mostly greenhouse) space. Also the wording is unclear as to whether its 300 000 or 400 000 they will be fully capable of. Anyways from my own experience and studies, average yield per crop is 30g/square foot. You can get 3 crops per year in a greenhouse or 4 if its heated and has lights to supplement. We ll assume 3 crops. Theyre selling at 4.20$/g or 6$/g if you dont buy starting material so we ll assume roughly 5$/g in revenues. 400 000 square feet 3 crops 30g/squarefoot 5$/g = 180 million per year in revenue. Assuming decent profits and comparing with other companies of different types a 500 million dollar market cap is very easy to see for THC within the next few years. It would take a major setback to prevent this company from going down this road or even a much longer bigger one. As i see it a long term investment is safe as can be. GLTA!! And congrats to the fellow longs for sticking with this sucker