OTCPK:PDPYF - Post by User
Comment by
Bever73on Jan 10, 2018 11:38am
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Post# 27323747
RE:RE:RE:RE:Pot still has runway....5th inning
RE:RE:RE:RE:Pot still has runway....5th inning OnGInvestor wrote: Haha I was just joking around.
In my opinion it will be a complete price game. No different than alcohol. These valuations are flat out stupid. The taxing isn’t even definitive yet.
CSTA2000 wrote: His math is correct. POT is expected to sell for $5.00/ Gram
50,000kg = 50,000 x 1000g = 50,000,000g of production
50,000,000g x $5/g = $250M
The one thing the market may not take into account is that consumption may be far less that expected and supply from many suppliers may be far greater than expected which will then not justify the massive PE values of these companies. Time will tell.
I think the permitting system and end market will determine price of the commodity......(govt will want to max re enue as well ) No revenue yet but they just quadroupled production and will do so again..... You can all laugh , what has that earned you so far ? Try research ing