Emblem Corp EMMBF

Q4

[WanderingHands]

Anyone have a sense of how much product they’ll be able to produce for Q4 of this year if this purchase closes in Q3? Any best, educated, guesses? In excess of 1,000kg? 
It will be interesting to see if they can close this purchase. With the property abutting against some of Aphria’s it will be interesting to see if they don’t act on this opportunity.

[christophwaltz]

I hazard to guess as there is no way of knowing how much product Natura has set aside since the received their cultivation license Sept/29/2017. According to @FoxDConsulting on twitter, they had 70,000 sq. feet in active cultivation currently as of June 18th. That is more than 7x Emblem's 9800 sq. feet currently in cultivation producing around 300kg/quarter. 70,000/9,800 = 7.14 times

[deminimis]

400KGs is a very conservitave estimate based on their reprted inventory value. They don't disclose the booking amount per gram but using a crazy high value of 8.50 per gram give us 400KGs. In reality I think it's more like 500KG (could even be close to 600 but I doubt it) plus the 300KGs in biologicals assests they had growing less whatever they sold in Q2 plus whatever they have bought

[christophwaltz]

Well I certainly am putting a lot of trust in @FoxDConsulting, but why would they lie?   If there are 70,000 sq. feet in active cultivation now, that would indeed put them somewhere around a level of 2140kg/quarter production as of June/18/2018.   In the initial supply agreement, Emblem had stated that they would have the stage 1 retrofit of the first 155,000 sq. feet done

[deminimis]

I was referring to how much I think they may have today. I agree that 5,000 is totally realistic by October/November.

[Tommy7887]

This post has been removed in accordance with Community Policy

[WanderingHands]

The article I posted yesterday confirms the 70,000 sq ft of growing space.