OTCQB:EMHTF - Post by User
Comment by
unplugmeon Feb 20, 2018 5:46pm
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Post# 27590443
RE:RE:RE:Predictions once Cannabis is Legal?
RE:RE:RE:Predictions once Cannabis is Legal?How about some simple math
EMH will produce 150,000 KG of Bud in 2018-19- with 2 facilities
Thats 150 million grams
Wholesale to provinces @ $4/ gram
Cost all in $2/ Gram
Therefore Ebitda $300 million
7X ebitda is very fair= $ 2.1 billion
So share price of around $22 +++
Just my 2 cents
BTW the margins are much high for Oils and downstream products- so Higher is likely