CannTrust Holdings Inc CNTTQ

RE:RE:RE:RE:RE:RE:RE:CannTrust Enter Partnership in Rec Market

[BIBI123]

EdiblesRlife wrote: Also, very happy to pay into a 1 billion valuation when i can easily see them making $1 per gram profit on their 50,000 kg current output. That means 50 mil profit, with a 20x p/e they are valued at a billion, exactly what the current market cap is around. Now factor in everything else they got going on, international, huge medical, higher selling price/premium product then the others. Huge 600,000 sq ft expansion. Beverage making technology. Value added oils, capsules and other products coming up...and easy by at $10

Nastysasky wrote: That's the question Edibles.

It can't be cheap to bring a beverage to market from scratch. TRST might be making moves to make it 'more tantilizing" for a big Co. to take an investment in the beverage, but to do it on their own would be extremely expensive. Unless they're aiming for a "craft beverage" of sorts?

It feels like a cart before the horse kind of deal. But maybe the NASDAQ rumour forced them to sign the deal since the stock might continue to spike leaving shareholders scratching their heads at a $10.23 stock price for the investment.

 

Hi EdiblesRlife, just want to say that you are really conservative on those numbers. Making 1$ per gram profit, no way. They have $0,75 cost per gram sold and with all additional costs I would say a max of $2.5-3 of total cost per gram sold and they will wholesale for $5 and retail at average around $9. They will profit AT LEAST $3 per gram.
Bibi