RE:Before VFF merged with EMH the 3-4 months closing SPPretty good estimates. Vff net value for having a fully functional producing 1/2 million sq feet greenhouse by early 2019. 1/8 mil now is currently worth 150 million or so at current price.
Let’s be conservative and say they sell 35,000,000 grams (35,000 kg 1/2 of pure sun Farms) by end 2019 that’s 35 million profit plus minimum that’s 50 cent price per share plus . That’s at $2 a gram !
at $3 plus per gram looking at 70 mil plus ! Over $1 per share. That’s would make it trading at 2.5 times earning! Crazy cheap !
This company has low execution risk. all license have been approved already for facility. Over 50% of conversion has been down on time. Crops grown have exceeded expectations for quality and quantity ( as per last conference call updates ). All grown mj has been sold and accounted for this year and next !
this does not include any potential hemp or cannabis play in Texas or additional green house conversion in Canada.
super cheap compared to any other Lp for how far along they are In execution