Bullboard - Stock Discussion Forum GTEC Holdings Ltd GGTTF

Healthcare Drug Manufacturers - Major

GTEC Holdings Ltd is a Canada based company. It is pursuing opportunities in the cannabis industry and has the goal to identify and consolidate licensed producers of ultra-premium cannabis under Health Canada's Cannabis Act and Regulations and vertically integrating its operations by pursuing cannabis retail sales where permissible across Canada.

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GREY:GGTTF - Post Discussion

GTEC Holdings Ltd > projections

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Post by kijiji on Apr 29, 2019 12:45pm

projections

GTEC Holdings (OTCMKTS:GGTTF), a boutique premium cannabis firm based in British Columbia, has released sales projections based on initial demand seen in 2019 so far. The company is seeing an 81% gross profit margin and has secured forward agreements extending out to the remainder of the year. Production estimates are for about 2.5 million grams of flower in 2019 at an average sale price of $5.86 and cash cost of $1.11 per gram.

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