GREY:ISOLF - Post by User
Comment by
StocksDudeon Apr 26, 2018 10:28am
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Post# 27943759
RE:buy spring 2019 20000 kgs annually
RE:buy spring 2019 20000 kgs annuallyThose numbers per kilo are way off and this is another misconception that keeps getting repeated.
Don't confuse retail pricing for 100g with what companies pay for wholesale isolate. Going rate is is less than $10K CAD.
And although the Azure plant can produce that much, where is it going to be sold? The distribution deals we have heard are all small in scope so far.
In theory you are right that between isolate and products there is a lot of opportunity but we can't exaggerate revenue projections like this.