Post by
spasticated on Jul 26, 2018 4:28pm
Revenues for 2019
So 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?