TSXV:EVE.H - Post by User
Post by
LifeGoesOn1973on Sep 23, 2018 4:40am
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Post# 28672197
How much value Oil products add
How much value Oil products add
I was delighted to see them acquire their oil production license and here is why: as a rule of thumb for each 1 Kg of Flower you have 30% Trim and 1 Kg of Trim produces 10% of pure cannabis isolate oil with extreme cannabinoid content ( now that is not what is sold to retails coz the retailer product are diluted to remain under a certain cannabinoid content limit) . But the beauty is that the isolate is sold at 60,000 $/ Liter so to summarize our 50,000 kg of flower will give us an additional ( 50,000 x 0.3 x 0.1 x 60,000 $) = 100 M of revenue. This is only from the oil . Bottom line anyway you look at it we are way undervalued especially with a dedicated management firing on all cylinders