OTCQB:VVCIF - Post by User
Comment by
Richdelsolon Nov 29, 2017 12:34am
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Post# 27051826
RE:Square Footage, growing capacity?
RE:Square Footage, growing capacity?
ABcann has one of the highest customer retention rates in the country, with a re-order rate of 94.7%. ABcanns primary operation is a 14,500-sq. ft. facility in Napanee, Ontario, currently being doubled to 30,000-sq. ft. Not to much compared to other MJ companies however Health Canada has already granted ABcann a license to build out their facility at Kimmett and management expects a full cultivation/sales license next year. A massive 65-acre, 100%-owned mother lode that could one day accommodate an estimated 1.2 million sq. ft. of additional buildings.ABcann has the potential to produce 20,000/kg for every 71,000-sq. ft. Based on a 1.2 million-sq. ft. facility, that would imply a potential production of 338,000 kg per year. Back-of-the-napkin math shows ABcann has the future potential of producing a whopping 338,000 k/g of cannabis per year! Even at the low end of $5/gram*, ABcann could one day have annual revenues of $1,690,000,000! Yes, nearly $1.7 billion!.... I'm sleeping on thus for a few years... Up up away... Rb