OTCPK:EMMBF - Post by User
Post by
go.faster@ymail.comon Jun 06, 2017 7:57am
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Post# 26328414
Market Size Estimate...am I missing something?
Market Size Estimate...am I missing something? Market Size Estimate
First time poster and currently averaging in at these levels.
Heres a quick 'back of a napkin' calculation. It does not account for exporting and is riddled with one major assumption. The Canadian market will mirror the Colorado market across a all facets and components. I think Coloarda is an excellent proxy
According to : https://www.colorado.gov/pacific/sites/default/files/Market%20Size%20and%20Demand%20Study,%20July%209,%202014%5b1%5d.pdf
2014 Colorado market was 130 Metric tons = 130,000 kgs
CO population was 5.363 million
9% of population used marijuana
implies 485,000 users
implies 0.2680 kg/user
Canadian Population is 36.2 million
9% users implies 3,258,000 users
at 0.2680 kg/user implies a total market of 873,144 kgs
From Emblem Pre-IPO Prospectus the combined projected capacity of Organigram, Aphria, Emblem, Mettrum and Canopy is 104,300 kgs
That combined capacity is only 12% of the projected market size using Colorados metrics.
Sooooo...Im buying at these levels.
Am I missing something?
Read more at https://www.stockhouse.com/companies/bullboard#PIv5v0Cl6Lcljxdh.99