Next Quarter Projections - One Man's EstimateSupreme is currently growing 180,000 ft2, and received approval to upsize this to 230,000 ft2 on May13, 2019.
If Supreme believes they can grow 50,000 kg from 440,000 ft2, this results in a projection of 0.1136 kg/ft2 per year. Lets assume 4 growing seasons of 13 weeks (and naturally drying time, processing, shipping, etc...), but, focus on the 13 weeks.
Next quarter I would anticipate $25,568,000 - $$30,681,000 in gross GROWTH revenues (up from this quarter's $10,000,000 largely beacuse of ongowing growth.
Calculation:
180,000 ft2 (previously approved) * 113.6 grams/ft2 * $5/gram / 4 growing seasons = $25,568,000
if $6/gram (since premium) = $30,681,800.
Either way, I'd anticipate a quartely growth weight of ~5,100 kg (180,000 ft2 * 0.1136 kg/ft2/4 growing seasons).
Now, directionally, ask yourself, how does that stack up against the big players. Lest we forget growth contributions from Medigrow (in Africa). Add that to the branding they have with oils, supply contracts, expansion, etc...
Don't drop off now.
Good luck to all.