GREY:MRRCF - Post by User
Post by
truestar2on Sep 15, 2017 8:19pm
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Post# 26703869
Canopy signs with NB - Great for Space
Canopy signs with NB - Great for SpaceWith Canopy and OGI signing with the NB Govt for a total of 9 Million grams next year this is great for the space. NB only has a population of 750K. If you multiply that out across Canada's population of 36 Million that would mean that the country will need 48X 9 Million grams, or 432,000,000 grams of weed to supply the country. I would say all large scale producers will move up considerably as even at wholesale prices Maricann's Gross Margin will still be 70% or so which is astronomical. They are fully funded for 57,000,000. Even if their gross margin was only 2.50 a gram we are talking about 150 Million a year gross margin if it was all sold wholesale. Market Cap would be over a B! Of course this does not include Germany