RE:Speculating - let`s just WAIT AND SEE
I don't know where this guy got all of his figures from , but over 4 tonnes a year , I'm OK with that.
In case you don’t remember, Chlormet Technologies (TSXV:CMT) was a company we initiated coverage on when the stock was trading at around $0.20. The next day, the stock jumped to $0.465 and $0.59 the day after. Unfortunately the company had been halted for the last couple months because of a potential change in business but they should be trading very shortly here under the symbol PUF on the CSE and we couldn’t be happier about the opportunity presented to us here today.
If everything comes together and the numbers are proven, this truly could be one of the most exciting stories I’ve seen in a long time. Not only do they have an option to acquire AAA Heidelberg, a commercial facility in Ontario that is in the process of getting their MMPR license through Health Canada, but the company just announced this morning that it has entered into an exclusive agreement with a licensed grow facility in Washington State called Babc0ck Bench Farms LLC (BBF). The marijuana market in Washington is absolutely massive and these guys already have their license in hand, so there’s no way we can shy away from this opportunity.
If you want to check it out for yourself, BBF has been approved under license Number 412996 for a Tier 3 marijuana Producer and Processor license in Washington State. I have added a lengthy summary of BBF below, but here is the essence of why I am so excited about the potential of this deal. BBF’s master growers anticipate production of between 1,350 and 2,150 lbs.of dried marijuana per quarter from their approved 21,000 square foot facility. According to the Rand Report, (a report which outlined the consumption of marijuana in Washington State based on a web-survey), the median price per pound of marijuana goes for around $2,000. Just by connecting the numbers ourselves, we can all see the massive income potential PUF has.
The best part about this deal is that the initial investment could be paid back within the first year. Here’s how: the facility should cost around $2.5 million in total. Chlormet charges $200,000/month in rent to the facility because it already owns the land in Washington. Therefore, if all the ducks line up in a row, the investment proposes a one-year payback period as well as a massive revenue stream from the sale of marijuana in the amount which could far exceed the company’s current market cap.
I have included a more detailed overview of Babc0ck Bench Farms LLC and the medical marijuana market in Washington below to give you a little more insight about this new industry. I highly encourage you to have a read through. Make sure to keep PUF.C on your radar screens now! This could be a very exciting story for subscribers to keep an eye on going forward.
Medical Marijuana in Washignton:
https://www.investorvillage.com/mbthread.asp?mb=17935&tid=13932491&showall=1