GREY:SNNVF - Post by User
Comment by
scoproon Aug 27, 2018 11:28pm
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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?