TSXV:EVE.H - Post by User
Comment by
maraj88888on Sep 23, 2018 3:11pm
83 Views
Post# 28673601
RE:RE:Why Are We Not On This List ???????
RE:RE:Why Are We Not On This List ???????First post on this one.
CURRENT SIZE 220,000 sq.ft. existing greenhouse space 120,000 sq.ft. original with 100,000 sq.ft. new flowering room Production Capacity: ~800 kg per month Expected completion July 2018 EXPANSION Start date: June 2018 780,000 sq.ft. expansion Increase to ~4,800 kg per month Construction cost: ~$34 million Estimate completion Spring 2019 COMBINED CAPACITY 1,000,000 sq. ft. total greenhouse space 50,000 kg per year
That was from their web page.
Their money will be coming from the bud they sell, female orientated products which they hope to bring into production 2019 and the oils they produce used for medicinal purposes which they hope to be shipping internationally. They also have American partners that have a facility in Colorado that specailize in high end extract products.
50,000 Kg per year once one million facility is complete. That is 50 Million grams. Last time I checked it averaged about $7.36 per gram in stores. Not sure of what the profit margin would be, but let's make it $4/gram. If they were to sell the bud alone that would be $200 million revenue before tax.
That is a pretty nice dollar, but I am here for the sale of female products. That is where the money is going to be. Speaking from experience; my gal purchases beauty products anywhere from 100 to 200 dollars a pop per jar and sometimes more. So the cosmetic companies are making a fortune as will Eve & Co.
This is a no brainer. Patience is key. We wil be rewarded!!!
As LifeGoesOn mentioned; the trim is a big bonus. Great post by the way!
Good luck to all!
MJ