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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
Post by NEWBIEVESTORon Jun 28, 2017 11:52am
232 Views
Post# 26414106

Am I missing something?

Am I missing something?Just doing DD learning about mmj and it says there only building a 10,000 sq ft facility that will eventually be upped to 20 and then 40,000. Do they have a 2nd project on the go?

cause if all this hype is for one project that's on their website:

10,000 sq ft does approx 1000kg a year dope or 1 million grams

With no license to sell they can get $5 whole sale with $1.30 to produce. $3.70 pre tax profit

thats only $3.7 million (pre tax) and if they get a license to sell (not grow 2 different things) they could get $5.7 million

and at 0.13 there sitting at a 25mil market cap with no earnings for awhile to come. And yeah at 40k sq ft they would be making good money but that's years away.
Bullboard Posts