RE:RE:RE:Canopy will be easly making 500 million a year next year investor1964 wrote: Just St wondering where you are getting the 730 tons figure from? I thought Bruce uses 10,000 kg per 250,000 sq feet as his metric?
krisruna wrote:
Not, $ 500 M/year, rather it should be around $ 3.5 B/Year (in 2019). Canopy capacity is 730 Tons/year. At a price of $ 5 per gram, the revenue is > 3.5 B/year.
In mid 2019, edibles will come in. This will increase revenue more than $ 3.5 B/year.
Thanks.
Investor, I read that too but that would mean only 40g/sq foot which is very very low. We should use at least 80-100g/sq foot in my opinion, so when the entire 5,6m sq feet will be ready, we can look at potential 450-556 tones.
Bibi