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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 sloppytraderon Dec 18, 2017 8:37pm
422 Views
Post# 27183391

This is the catalyst, not to mention any lithium plays.

This is the catalyst, not to mention any lithium plays.License end of month, early Jan/18
Crops growing and first crop done April/18
Second crop, well....imagine that, July/18
As per comments by Steve the "Master grower", full capacity per year on this facility alone is 750,000 grams.
Here's the math;
1/2 year= 375,000 grams at $10-($1-Govt)=$9/gram-$.60 as stated by Boris (cost)=$8.40/gram
$8.40/gram multiplied by 375,000= $3.15 million.
Minus 30%=$2.2 million by July 2018 IN MATICA'S POCKET!
Plus $700K for the settlement, makes it $2.9 million
Wait!.....wasn't it $3 million needed to fund the next 24000 sq/ft facility???
Well then....that would pretty much have that one paid for wouldn't it?
Hold on!!!!! isn't there around $5 million warrants also?(I'm sure that isn't a problem considering what the share price will be in lets say March??
Yeah......400K square foot facility is a piece of cake and by this time next year there's a chance all three could be up and running.
Here's the really great news.....All facilities are "bought and paid for"
Sounds pretty darn good to me. But then again.....I'm probably the most positive, optomistic person you'll ever meet.
Go ahead...bring on the constructive comments, and, once again,
Best Regards!
Sloppy.
Bullboard Posts