TSXV:RTI.H - Post by User
Comment by
Gregoriouon Feb 14, 2019 10:47pm
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Post# 29368475
RE:RE:calm down, they just got their license
RE:RE:calm down, they just got their licenseYou're right. we have no numbers which is why share price is in the tank. (relatively speaking).
i can make a very educated guess though. I know the retail price for thc oil, and cbd oil.
thc oil for example goes for about 35 bucks a gram. there's 4 grams of dried flower in an ounce.
thats over 8 dollars a dry gram. that aligns with the retail price of dried flower almost bang on so no surprise there.
so at 8 dollars a gram, assume radient gets what, 5 meesly percent of the take (very conservative.)
that is .40 a gram revenue. they do 200,000 grams per day a day in existing faciliYou're right. we have no numbers which is why share price is in the tank. (relatively speaking).
i can make a very educated guess though. I know the retail price for thc oil, and cbd oil.
thc oil for example goes for about 35 bucks a gram. there's 4 grams of dried flower in an ounce.
thats over 8 dollars a gram. that aligns with the retail price of dried flower almost bang on.
so at 8 dollars a gram, assume radient gets what, 5 meesly percent of the take (very conservative.)
that is .40 a gram revenue. they do 200,000 grams per day a day in existing facilites Santos.
thats $80k per day and we havent even talked about the 1000KG of hemp cbd they can process.
so thc oil is at 25 mil a year from just this one small facility.
hemp another 25-30 mil easy (cbd hemp sells for a third the price of thc).
existing facility can do 50mil of revenue. germany and canadian expansions are 4 times this size, EACH.
yada yada you start to get the picture that radient is going to be a cash machine.
we havent even talked about the fact that denis said he's looking at royalties on some of these products as well.
The issue here now though is that without ONE single cannabis order on paper for analysts to look at and read, the fund managers arent going to bring this to their clients period.
we need an order. just 1 order to bloom fast from there.es Santos.
thats $80k per day and we havent even talked about the 1000KG of hemp cbd they can process.
so thc oil is at 25 mil a year from just this one small facility.
hemp another 25-30 mil easy (cbd hemp sells for a third the price of thc).
existing facility can do 50mil of revenue. germany and canadian expansions are 4 times this size, EACH.
yada yada you start to get the picture that radient is going to be a cash machine.
now do keep in mind the margins ive heard are around 50 percent. so half all this for profit. but this is still a cash machine. they will need to expand to a 3rd country (US) in the next year, so account at least 50 million dollars for that, which is probably why Denis doesnt want to say he'll be profitable for another year. add to this fact that edibles dont come online for another 4 months so its going to take a good 6 months before they are running at full capacity. anyways thats why i said 12-18 months to really see this thing turn into the cash machine I believe it is.
The issue here now though is that without ONE single cannabis order on paper for analysts to look at and read, the fund managers arent going to bring this to their clients period.
we need an order. just 1 order to bloom fast from there.