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Bullboard - Stock Discussion Forum Ravenquest Biomed Inc RVVQF

Ravenquest BioMed Inc is a Canada-based diversified cannabis company with divisions focused upon cannabis production, management services and consulting and specialized research and development. It provides integrated solutions to companies in the cannabis industry and provides growing and drying technologies, patient and genetic management systems, and security management solutions The company... see more

GREY:RVVQF - Post Discussion

Ravenquest Biomed Inc > Rooms Edmonton
View:
Post by roadster8 on Oct 10, 2019 2:25pm

Rooms Edmonton

I have an answer of RQB to "Room Question". I was not sure about the situation.

Question:
in Internet forums, a topic is still unclear among investors. How many rooms are licensed for cultivation in Edmonton?
How many gardens are currently in operation?
The opinion in the forums is that one room (42 gardens) is in operation.
A garden manages to produce 3.8kg of cannabis in a growth cycle. That would mean that you currently collect about 160 kg in Edmonton with a harvest.
Are these assumptions correct?

Answer: "We currently have three grow rooms licensed and one full of plants. Your kg per gardens assumptions are correct - of course these are approximate forecasts and cannot be guaranteed"
Comment by crash01997 on Oct 10, 2019 2:43pm
This post has been removed in accordance with Community Policy
Comment by roadster8 on Oct 10, 2019 2:48pm
why don't they fill up the other two licensed rooms?
Comment by roadster8 on Oct 10, 2019 2:44pm
Hi Hawkes, your opinionof the rooms are not completely correct. All rooms completed, 3 rooms are licensed, 1 room full of plants.
Comment by hawkeye77 on Oct 10, 2019 2:57pm
This post has been removed in accordance with Community Policy
Comment by roadster8 on Oct 10, 2019 3:05pm
I don't think that we are about to break any revenue records, because other companies producing and selling much more. But we should break efficiency records! From my point of view that is they key. Yes High revenue in relation to our costs. That should be the reason why RQB will be successful. Revenue is important. But more important is profit. Other companies allready have big revues but not ...more  
Comment by hawkeye77 on Oct 10, 2019 3:10pm
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Comment by ashleigh64 on Oct 10, 2019 3:12pm
roadster, during the conf call did george say anything about the profit margins of the sales that have already been made to wayland? - ashleigh
Comment by roadster8 on Oct 10, 2019 3:38pm
I asked this question. George said, that they had good talkes with Wayland and everything is fine. RQB was not allowed to talk about numbers, because the contract is still running. Nothing more I can say. Sorry
Comment by ashleigh64 on Oct 10, 2019 3:59pm
thanks, roadster. if they can't give numbers in that case then they probably can't give numbers for the australia deal either, i guess? it's hard to get turned on by a deal like the australian one when they aren't releasing numbers. at least the wayland announcement said it was for up to 8,000 kg. but i don't see a weight number in the australia news. - ashleigh
Comment by hawkeye77 on Oct 10, 2019 4:04pm
This post has been removed in accordance with Community Policy
Comment by ashleigh64 on Oct 10, 2019 4:20pm
the dec 18, 2018 wayland news release says "up to 8,000 kg of dried flower". if a number could be given for that deal when it was announced then why couldn't a number be given for the australia deal, too? the only supply deals i've seen news releases for are the wayland one, the bc one, and this new australia one. the bc one is just a mou as far as i know. are there news ...more  
Comment by hawkeye77 on Oct 10, 2019 4:27pm
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Comment by HowdyBob on Oct 10, 2019 4:06pm
lol....oh my
Comment by crash01997 on Oct 10, 2019 7:07pm
This post has been removed in accordance with Community Policy
Comment by ashleigh64 on Oct 11, 2019 4:41pm
releasing numbers helps bring certainty about the company and its situation, and keeps investors from having to make guesses or assumptions. the dec 18, 2018 news release about the wayland deal says "up to 8,000 kg" in 2019. but the australia deal news release doesn't have a number like that. so what does that mean? is the australia deal just a tiny one? if it is a big deal then i ...more  
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