THCX.vn going to run! Hydropothecary is currently the only producer in Quebec under the ACMPR licensing.
The cost of production is currently under $1.50 per gram and constantly being lowered every day.
As the cost of Hydro power is ¼ of the cost of power in Ontario the cost will only get lower as they work out the kinks along the way. “Relative to our Ontario competitors, we’re paying about a quarter of the price of Hydro that they’re paying in Ontario, and that is really paving the way to our industry-leading cost of production.”
Currently the company has 42,000 square feet of growing space and plans for 250,000 square feet under the expansion which is already fully funded.
The company offers a few strains with their premium strain selling for $15 a gram and their middle of the road strain selling for $7.50 a gram. Patient growth has doubled in the last few months and will only continue to accelerate into the recreational market opening.
The current price per share is $1.80 and with 70,266,594 the market cap is only $126,479,869. Once the market catches onto this gem it will be trading with similar valuations as the giants APH.to and WEED.to.
Goldmemb