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Wayland Group Corp MRRCF

Wayland Group Corp, formerly Maricann Group Inc produces and sells medical marijuana. It is currently engaged in cultivation, extraction, analytics and production facilities to elevate offerings and prepare for growth into the adult-use cannabis market in Canada.


GREY:MRRCF - Post by User

Bullboard Posts
Post by GeneralAladeenon Apr 26, 2019 1:52pm
115 Views
Post# 29675809

12 MONTHS FROM NOW VALUATION

12 MONTHS FROM NOW VALUATIONSo as some have said the value of Wayland without taking into account revenue should be FV @$2+ for assets alone. 

Lets talk about only the current supply contracts we have now have in place.

Minimum 10,000kg /year supply agreement to ICC. Lets assume wholesale $5/gram $50mm in revenue at a cost of bulk FOB of $1.20/gram. $38mm net revenue. 

Minimum 8,000kg / 2019 purchase from Ravensquest. assume $2 spread between wholesale and retail. $16mm in net revenue. 

Minimum 3,000 kg/ year supply to Cannamedical in Germany at a higher cost (even wholesale). Lets assume $6.50/ gram. $19.5mm revenue -$15.9mm net revenue. 

3,375kg in Alberta. @ net $16.875mm net revenue.  

3,622kg in BC @ net $18.11mm net revenue. 

3,000kg on OSC @ net $15mm in net revenue. 

550kg in Manitoba @ net $2.75mm in net revenue. 

 
105,000 tons of hemp $???

$122,635,000 net revenue not even counting anything else they sell in Germany (already supplied 20,000 viles of CDB into the German market), or to the rest of the world including 30,000 pharmacies in the EU partnering with ICC.  

Assume they are done building for now and have dropped down to the normal skeleton harvest team, that could mean an ebitda of $90-$100mm.  Using $50mm in the bank and $150mm in grow facilities value, and using average S & P EV/EBITDA multiple of 12.98, . That is a market cap of $3.75B or $15.00/ share. In 18-24 months our revenue will be pushing $250,000,000-$500,000,000 annually with the lowest cost per gram of anyone on earth growing indoors. Might need an abacus for that one.



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