GREY:RVVQF - Post by User
Post by
roadster8on Sep 08, 2019 2:09pm
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Post# 30106665
Earnings
Earnings
I've got a look at RQB's current theoretical revenue from the cannabis sale:
Edmonton: Twitter was posted in mid-August, they're entering the second harvest. During their eight-week harvest cycle, the next harvest is expected in mid-October. Edmonton is expected to produce 7000 kg of cannabis per year. In an eight-week growth cycle, that makes 6 times a year. So you produce about 1166 kg of cannabis per harvest. At the third harvest in mid-October, they should have been so about 3500kg cannabis in Edmonton. Assuming 8 Doller per gram of cannabis that makes about $ 28 million out of Edmonton in mid of October. In addition there are revenues from Markham and Consulting. That would not look so bad this year with the liquidity. Am I correct?