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GTEC Holdings Ltd GGTTF

GTEC Holdings Ltd is a Canada based company. It is pursuing opportunities in the cannabis industry and has the goal to identify and consolidate licensed producers of ultra-premium cannabis under Health Canada's Cannabis Act and Regulations and vertically integrating its operations by pursuing cannabis retail sales where permissible across Canada.


GREY:GGTTF - Post by User

Comment by BullshitBoardon Aug 02, 2018 4:32pm
44 Views
Post# 28407009

RE:RE:RE:If you respond your scared

RE:RE:RE:If you respond your scaredThank you for your help and honesty, much appreciated. Best of luck, I've got a small holding here but expecting good things!

inkedtj wrote: I’ve done quite a bit of research on GTEC and am quite heavily invested but that is one answer I don’t know 100%, and don’t want to give you the wrong figure.  Sugardaddy(username) is very knowledgable on GTEC numbers and info, he also runs a GTEC investors group on Facebook under Ross Chapmen, and runs MMJ investing on Twitter. I find him to be a huge help when I’m looking for info I haven’t yet found.


You know if someone makes this the title of their post, they're actually scared of the response and are making a futile attempt to discourage it.
This company looks pretty solid on the surface to me. The complete vertical model is essentially already in place. For a smaller operation they are getting their ducks in a row much faster than most others in the industry. If you consider a projected production of 50,000,000 grams/year by 2020, and take a conservative estimate of $4/gram, that's $200,000,000/year. If their plan is to provide a higher end product and we make an estimate of $5 or $6/gram that moves to $250,000,000 or $300,000,000/year in sales respectively. That would make this a billion dollar or more company.
I'm just wondering from some others on this board, who have likely researched this a bit more, if you have any idea about what kind of cash flow they're working with at the moment? I would assume based on their agreement to provide $150,000/store for 24 locations, and the experience of their execs at raising money they're pretty comfortable. Would love to hear a solid number though if anyone has got it, can't find much after an admittedly brief search.
Any help would be appreciated!! GLTA!!


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