RE:RE:RE:RE:RE:Here Comes the Rally!!! I see I had $50mil a month, should have been per quarter for 2nd half of '19, as the completion of the facility expansion and the HC inspection/ approval is completed over the first half of '19, which allows for full harvest potential to be realized over the 2nd half of '19....depending on HC's earliest approval of remaining grow area we will be lucky to see full production sales in final quarter of '19.
The ultra facility has to break ground and execute a very agressive construction schedule to see facility completed and approved by HC in 2019, probably early 2020?
I like your progress estimate much better but would rather err on the side of caution and rate of progress to date...by any measure we are on pace for a $50mil+/quarter sales volume by year's end. If KKE and domestic oil are on the shelf early in the 2nd half of '19 we could see $60-80mil/quarter by year's end, on the high side, JMHO....Opt
johnale wrote: Ya for sure - to back up your numbers OptGreen -
fire gets 6-7/gram medical weed sales - and 5.5 - 7/gram selling to provinces.
I believe only 1 strain is sub-$6/gram. So I think we can say our average selling price is probably around 6.5/gram and if you want to be conservative - $6.25/gram.
By mid year we will be at full production 50k kg - and somewhere towards end of 2019 I expect another 10k kg from the ultra facility.
With KKE and Ultra our average selling price should go up.... but lets stay conservative and say 6.25/gram.
By mid year - 50k kg at 6.25/gram = $312.5 mil in annual sales. (by June/July)
With oils - the returns are even greater - but they are a byproduct of our 7acres production. Could easily add 50-70 mil in additional revenue. (conservatively on an annualized basis)
By years end with 10k kg of Ultra facility - (say $7/gram) - additional 70 mil annualized revenue.
SO just purely domestic production for this year we should be ramping up to a 450mil rev run rate.
Thats low ball /gram revenue, with no credit to any international expansion, Goderich facility, or edibles... which I am told they most definitely have a plan for.
at 50% overhead at full prodcution - 225mil net/400mil shares (fully diluted) *20PE = $11.25/share.