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Bullboard - Stock Discussion Forum Gnomestar Craft Inc VDQSF

Gnomestar Craft Inc. is a Canada-based craft cannabis company. The Company is engaged in the medical and recreational marijuana business. It operates in one business segment, the marijuana industry. The Company produces hand trimmed cultivars in its 12,000 square foot indoor facility in Delta, British Columbia.

GREY:VDQSF - Post Discussion

Gnomestar Craft Inc > Notes on $vp
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Post by Budd22 on Aug 19, 2020 12:14pm

Notes on $vp

At full capacity, the Delta facility will yield approximately 1,500 kilograms of craft cannabis annually.” 1500kg is 1.5 million grams of craft cannabis annually. Craft goes for more per gram than the usual. This is getting interesting... and I forgot to mention that the estimate of their USA property was over 2 million USD. So if they sell it let’s say 2 mil in the bank plus the ability to grow 1.5 million grams of craft cannabis annually. Super undervalued here

According to sedi, insiders hold approximately 26.2 million shares, which leaves approximately 52 million left for the public float. That isn’t very much at all. Another reason why if this does run, it will run fast as not many shares out there
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