GREY:BLEVF - Post by User
Post by
NEWBIEVESTORon May 10, 2018 12:34pm
86 Views
Post# 28012336
Some maths
Some mathsBased off of cannimed selling 60mil bottles of oil for $150 1 million millilitres is equivalent to $2.5 million revenue per week.
So if beleave has to lower their price to compete, buy other companies cannabis to maintain 1mil mils weekly production. We don't know what the operation expense per mil will be yet, then packaging marketing shipping etc. In a very conservative worst case scenario after taxes we might only net $250k a week off this facility. But that would be $13mil/year for a whopping $260mil MCap. This is a very conservative valuation since they will likely profit a lot higher from it.
That along with what they grow makes this cheap cheap cheap.. I'm increasing my position now