OTCQB:EMHTF - Post by User
Comment by
cannhealthon May 01, 2018 11:05am
99 Views
Post# 27964279
RE:RE:RE:Why only 40% purchase from VFF?
RE:RE:RE:Why only 40% purchase from VFF?
I don't understand what the hullaballoo is about. The NR was clear to me the 40% referred to in the news is 40% out of 50% of total production belonging to VFF in the Pure Sunfarms 50/50 JV. Buying VFFs 40% effectively gives EMH access to 90% of Pure Sunfarms total production at , I'm sure, a very favourable fixed cost per gram. Why not the other 10% you say? Who knows. Maybe they don't need it at the moment. Do you buy more fruit at the market than you can eat before it rots? They've effectively doubled their access to MJ with the stroke of a pen. This in no world is a bad move. Some ask what 20MM invested in Pure Sunfarms is for? How about automated state of the art lighting, HVAC, hydro, water, installation, an experienced workforce, drying, packaging facilities etc. The list is endless. If not the longs, at least the Gearhead should be happy. The company virtually doubled its stock of MJ for the looming rec market.