RE:RE:RE:RE:RE:RE:ValuationI like your numbers for next year
You have 2 premises to base your $ 33 shares price for next year
1. Sales will be 750 million in 2018 so at $ 7.5 / gm = 70,000 kg of product
2. bought deal at $ 6.00 for 40 million shares = $ 240 cash for build out capacity
Question for number 1 if you need 100,000 sq ft to produce 7,000 kg or
1,000,000 sq ft to produce 70,000 kg - do we have that NOW ?
Question For number 2 if the bd is done at $ 6.00 this summer will the last bd participants of Dec 2016 at $ 10.60 not be hesitant and maybe want "warrants" (for further dilution) and even if the cash is available immediately after closing how long to build the facility and then to have HC approval (Aph approval for phase 2 still not in after 4 months inspection) and then growing time
UNLESS they just buy Supreme or Beleave or Maricann or Abcann or Organigram or Cannimed with cash or shares use lie Mettrum.
in any case I agree Weed could be $ 33 next year based on your premise of 750 million sales and a BD of 40 million shares $ 6 and 22 % market share with 30 % net margins and we need the capacity of 1 million sq ft to produce 70,000 kg annually.
Wow - $ 6 to $ 33 is a 5 bragger nothing wrong with that over one year.
Hope Queen Nefertiti is right on I will sign up for that very soon