Emblem Corp EMMBF

$3.75 Target

[10bags]

in case other people missed this (as I did) Canacord is projecting a $3.75 price target. That means the warrants would have a correspond target of $2.00.

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aEMC-2459636&symbol=EMC®ion=C

[spasticated]

and i believe the 3.75 price target was just taking into consideration the medical market - not recreation.

[cressco]

Thats a high pe for a medical capacity of 2000 KGs, even with high margins at 70%. Unless you are under impression their oil and pharmaceutical products would come close match their medical dry flower revenue of 16 million.

[anmckenn]

2000 kg where are you getting your data from buddy, after commission of 3 new grow rooms and a 4th by june they will be over 21,000KG annually of the highest grade and pharm products on the market!

[cressco]

That was my train of thought. But based on the most recent corporate presentation that is no longer the case. Medical capacity will cap at 2000KGs. Infrastructure for this capacity is due to complete in June. No medical phase three in plans as of now. With that said recreational dry flower capacity objective is now 70K LGs. Please contact Ali from ir for the most updated version of the

[cressco]

KGs* not LGs...