RE:RE:RE:RE:RE:RE:Jeff Interview on the street - Cramer retweet Right! And if I remember correctly (a bit too lazy to go check right now), when they announced the LB facility, they had said it's a 20k sq ft facility on 45k sq ft of land. Does that mean they can eventually extend the building and build additional lines there when the time comes? I don't know.
Either way, I had to rewind quite a few times to make sure I heard "the first line".
Now I hope people (investors, especially the impatient on this board) will understand why this team is taking their time to get it right step by step. They're onto something huge. You can 't create such a big story building it on wobbly foundations...
TheDirtyNorth wrote:
Reyninak wrote: Did you guys hear what I heard jeff say talking about the Long Beach facility???
He said "The first line that we're putting in will do 10 to 15 million bottles per year capacity. We could run it overnight as well to probably double that. We're also gonna put in canning as well which could be easily double that. Cans run pretty fast"...
Run some numbers and you'll enjoy the weekend even more!
Yep. Jaw legitimately dropped when I heard that. What this allows for imo is to set up a similar 3rd party license for production in Nevada (or other nearby states) until federal legalization allows for transport across state lines, and then just ramp up the Long Beach facility to meet the demand built in the adjoining states and phase out the 3rd party producer, skipping the costly capex required to set up a standalone facility in Nevada.