TSXV:ELXR.H - Post by User
Post by
Kenny1000on Nov 10, 2017 10:29am
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Post# 26939221
OPM...........Other peoples money...........
OPM...........Other peoples money...........How much is the other 40% of HOH worth if we get the green to go light............ A percentage of the 40% could be sold to a joint venture partner to raise cash for the initial costs of setting up the growing program the same type of fund raising method could be used for the outside growing operations.............. Dave L said think it was 3 or 4 visits to SA prior to end of December He has Tweeted 2 weeks on the road,,,, so all his SA visits may start next week................ AfriAG SA PTY and LGC Capital may be supplying Australia before the place is built................ The plant will have the capacity to produce 100,000kg of cannabis per year, worth between CC$800m and CC$1.1bn. The current market price for high quality medical cannabis in Australia is between CA$227 and CA$315 per ounce or CA$8,000 and CA$11,000 per kilogram. One kilogram to every 10 square feet........................ The construction of the facility will be completed in stages at an estimated total cost of CA$50m (£30m). The one-million-square-foot greenhouse operation will include manufacturing, processing and office facilities for the cultivation, production and manufacture of medical cannabis and associated products. The plant will have the capacity to produce 100,000kg of cannabis per year https://www.theconstructionindex.co.uk/news/view/australia-to-get-million-square-foot-cannabis-greenhouse