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West Island Brands Inc C.WIB

Alternate Symbol(s):  WIBFF

West Island Brands Inc. is a Canada-based multi-faceted cannabis company. The Company operates through its subsidiary, RoyalMax Biotechnology Canada Inc., which is a Health Canada license holder with a cultivation license, processing, medical sales and sales licenses. The Company works with Yunify Natural Technologies, a Quebec-based health and personal care research and innovation company that develops products for West Island, including topicals and ionic mists. The Company and Yunify have developed a spray mist that captures cannabis smoke odors through Yunify’s Natural Ions Encapsulation technology; cannabis odors are trapped, and they are neutralized. Its brands include OUEST, CITOYEN and Silk Road. The OUEST brand is represented by Grandpa's Stash and Jelly Cake flower offerings. The CITOYEN brand is represented by the King Louis and Clementine Punch flower offerings. Its Silk Road is a hashish blend which is made from the finest quality plant material.


CSE:WIB - Post by User

Bullboard Posts
Comment by bignumptyon Dec 21, 2014 7:49pm
220 Views
Post# 23254650

RE:RE:Math

RE:RE:MathSo you are telling us that you are aware of material information about Matica Enterprises that includes the building of facilities in Antigonish that exceed the current 6000 square feet and the "potential" additional 16000 square feet?  Because at this point they have stated that once the 22,000 square feet has been achieved (whenever in the future they manage to build it) they will be licenced to produce 806,250 grams.   To gain the 50% of THC Dispensaries they agreed to pay THCD $325,000 (already payed ) , then $1,175,000  and 5,000,000 shares. These are the facts that the company has divulged - if there is more material information such as you suggest the law would require them to announce it wouldn't it?  806,250 grams @ $8.50 / gram = what?  In fact, I realized that in my calculations I forgot to include the slight costs of things such as hydro, heat, security, labour, taxes, management fees etc., etc.
 My question is simple - what would the expected profit for Matica be on an operation of 6000 square feet be if it was actually licenced?  How many plants will be licenced for that 6000 square feet ?  What will the numbers be for this company if by next summer there is a bumper crop of pot sitting in Antigonish?  Everyone in every article regarding the medical marijuana industry in Canada keeps referring to the $1.3 Billion / year sales.  That number is referring to Health Canada's projection for the year 2024 with 450,000 users!  I don't care if the combined forces of Jacob Securities, Matica, THC Dispensaries and Justin Trudeau personally provide fertilizer for this operation - x number of plants = x number of dollars.  Please advise if you actually have material information regarding this, or numbers to fill in the massive blanks - as we all know FUNDAMENTALS are very important to making these decisions, and I seem to be lacking some of the fundamental information in this equation. 
Bullboard Posts