OTCPK:WLDCF - Post by User
Comment by
walkingredon May 02, 2017 11:28am
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Post# 26192434
RE:RE:At $1 a gram....
RE:RE:At $1 a gram....Recreational sales is not thier main priority. Pretty much a side gig so the news of the registry is amazing and all but once the medicinal lab is set up and ready to go that's when we will see major action. Even still... the user base estimates steadily rise, as do the consumption estimates.
Non-psychoactive CBD oil concentrates sells about $90/g, and there is no limit to production capacity or export/import. Since it's medicinal and we're selling it in it's purest form, extracted with the cleanest methods (Co2)... there will be plenty of interest.
Think of all the neighbouring places in South America that are now legalizing it as medicinal and taking interest in studies. A low cost producer coming from a country that they already have frequent trade with.
If I'm not mistaken, the price of .90 is what they Government will pay ICC, what it charges the people will be like $1.35 sometihng like that. We are really making like $0.30 on the gram. But exportation is not restricted as such.. and we can charge whomever, let's say $2-$3 per gram.. what does that do to the numbers? we're still producing at $0.60. Lot's of potential but with the export of recreational that's a ways off with regards to regulation and implementation. IIRC
IMO
I want to hear about the medicinal extraction facilities being completed.