Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Zenabis Global Inc. T.ZENA

We are a diverse, passionate team of doctors, scientists, researchers, growers, educators, and advocates who came together with the goal of increasing access to safe, high quality cannabis for medical patients and recreational consumers. Our four facilities are located coast-to-coast across Canada in Delta and Langley, British Columbia; Atholville, New Brunswick; and Stellarton, Nova Scotia. Zenabis currently owns 3.5 million square feet of facility space.


TSX:ZENA - Post by User

Comment by truthseeker1on Dec 31, 2020 5:14pm
96 Views
Post# 32205812

RE:RE:RE:RE:Is the sale of delta done ?

RE:RE:RE:RE:Is the sale of delta done ? delta may not work for sundial;;No one was talking sundial  all I said was its more than big enough for a small LP to make a living at same as XLY Lotus does in armstrong
mydogchach wrote: truthseeker1 - (12/31/2020 2:53:10 PM)
RE:RE:Is the sale of delta done ?

Total Building: 25,000 sq. ft.

Extraction Design Capacity: 110,400 kg  and you say its not big enough for a viable LP ?  its plenety big enough for a viable operation  lotus in armstong bc  has same thing and there making money 
mydogchach wrote:edrose - (12/31/2020 9:25:09 AM)
Is the sale of delta done ?
If not how will they pay debt 

Well, SpecialEd - maybe Sundial just got a $10 million licenced building for $7 million. (although it's really too small for a viable cannabis operation)  
Do you know the difference between extraction capacity and growing capacity? Delta had an annual growing capacity of 100 kilograms - and was one of the reasons Zena was selling it - it was too small.
Zena's TOTAL growing capacity is around 110,000 kgs - all facilties, when all acreage planted (which it's not)
Some of the extraction equipment was shipped to Stellarton last spring - the rest was available for sale with the building, but Shai - The French Fry Guy - said that was to be shipped as well (the buyers didn't want it) with the sale.
So unless, you figure Sundial is going to start shipping it's product from Alberta to Delta - and then back again for packaging and distribution - Delta is TOO SMALL to be viable for them. They could build a new facility of their own for less.





<< Previous
Bullboard Posts
Next >>