OTCPK:WLDCF - Post by User
Comment by
Ghosttrader11on Apr 17, 2018 3:06pm
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RE:RE:Estimated Earnings
RE:RE:Estimated EarningsThanks for your Calculation Johnny, i agree with that. Those are pretty solid numbers for 2018 only.
I'd like to add something to that and look a little bit further.
In a news release previously announced ICC Labs stated that "The Company intends to produce up to 8 million 30-millilitre bottles of its branded cannabinoid oil, 'BIDIOL' with various concentrations and 3,000 kgs of pure CBD crystals upon completion of its laboratory."
Well, the full established laboratory could produce about 8 million 30 ml bottles and 3000 kg pure CBD crystals.
CBD oil: 8 mio * 70 Cad = 560.000.000 Cad
In the internet I found 1 gram of pure CBD crystals for a retail price of 89.99 Cad. (https://www.buycbdcanada.ca/product/cbd-pure-crystal-isolate/). That means 1 kg is probably worth about 90.000 Cad
CBD crystals: 3000 * 90.000 = 270.000.000 Cad
This being said, with the laboratory being fully operational for 1 year and everything going after plan, there could be a potential revenue in the next few years of 830.000.000 Canadian Dollars.
However, the market isn't even that big in the next 1-2 years and some supply will be made by other companys.
That calculation should only show, what ICC Labs could be capable of without needing to make further investments into bigger production facilitys, if the demand is there.