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Emblem Corp EMMBF

"Emblem Corp is a licensed producer of medical cannabis. It is intended to cultivate and cure cannabis for medicinal use. The group operates in the business segment of production and sale of medical cannabis."


OTCPK:EMMBF - Post by User

Post by spasticatedon Jul 26, 2018 4:28pm
291 Views
Post# 28373707

Revenues for 2019

Revenues for 2019So they claim in the news release that Natura Naturals' facility will be capable of producing 15000KG in 2018. This with Emblem's current capacity brings total production to ~17000KG. Is it fair to assume that in 2019 they will be selling 17,000,000 grams at average price $5 per gram? That would put us at $85,000,000 revenue in 2019. What kind of market cap would that warrant? Total share count is at ~151,000,000 Anyone want to complete the math here with multiples to calculate what kind of share price we could be looking at if all goes accordingly in 2019?
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