GREY:SNNVF - Post by User
Comment by
Stackinstockson Feb 21, 2018 5:13pm
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Post# 27597690
RE:RE:RE:RE:RE:RE:Ted Ohashi's comments from seeking alpha
RE:RE:RE:RE:RE:RE:Ted Ohashi's comments from seeking alphaSylver78 wrote: I know that it would seem ridiculous that Canada will be much more than the US but it will be. Look at the prices of Alcohol and Tobacco in Canada vs. USA. It will be between 7 and 10 dollars. This government funds our health care system with these taxes. Maybe I'm wrong but I doubt it very much. Either way fantastic news today and much more coming!
Stackinstocks wrote: I do think his $10/gram is completely out to lunch. Oregon/washington from what I have read is around $6-7 a gram and that is on the retail level.
Myself I am expecting $1/gram profit for LP's which does go in line with $3-4 sales price as the poster has mentioned.
Still that is 45 million profit a year... with multiples puts us at a solid $40
Maybe... but by your exact logic if it is $10 because of those reasons, if we are $3 a gram higher it will likely be due to taxes which the producer/retailer get a big fat 0 of
I think it is great news, and Sunniva is a great company but you gotta stay in reality on these things.