Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Sunniva Inc SNNVF

Sunniva Inc. is a Canada-based company. The Company is not engaged in any business.


GREY:SNNVF - Post by User

Comment by scoproon Aug 27, 2018 11:28pm
88 Views
Post# 28527138

RE:RE:RE:still think this....

RE:RE:RE:still think this....
Would it be fair to say that a patient base of 100,000 could be comparable to a general population of one million or more? I found this stat from 2017: "Average amount of dried medical marijuana authorized per client from April to July 2017 (in grams per day) - 2.3g" So, 2.3g X 365 days/year X 50,000 (rough guesstimate of 50% of registered patients) equals 42 million grams or 42,000 kg. I think I remember reading that the predicted % of total production from Okanagan was 25%, so for simplicity, say 25,000kg. I think this is a reasonably achievable number. Even at the lower number, at (wild guess) $12/gram equivalent, that would be a potential 300 million in revenue, just from NHS patients in Canada. At 4:1 sales ratio based on these inputs, NHS could be valued at minimum $1.2 billion. Does this sound reasonable?
<< Previous
Bullboard Posts
Next >>