GREY:SNNVF - Post by User
Comment by
URLaughable3on Oct 30, 2018 8:57pm
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Post# 28898493
RE:RE:RE:RE:RE:RE:RE:Who is operating the first bay?
RE:RE:RE:RE:RE:RE:RE:Who is operating the first bay?Im really not sure what you are asking here??<br/>
These guys have answered your questions, yet you act as if no clarity has come forth.<br/>
Is it hard to believe the following: <br/>
8 bays, producing a total of 50k kg per year or 6k kg per bay per year <br/>
If Sunniva is providing turn key operations in exchange for all product at a low premium, who wouldn’t take that deal? They hand picked 7 companies (individuals and groups) to put their name on the lease spaces and grow sunniva bud with sunniva equip in the sunniva facility. <br/>
As the process is almost 100% automated, I am assuming these companies don’t even have employees, just someone keeping the private company’s business in order while they are responsible for their bay and grow up. <br/>
So again, these companies have no rights to the bud produced, most likely black and white in the contract, and if they did, Sunniva would not be allowed to talk about capacity numbers, involving production not pertaining to their income! (50k kg plus 10k kg in trim). Those projections would be fraud if not Sunniva’s weed! <br/>
my best guess. Sunniva foots the total cost to run the entire facility, orchestrates all the production from nursery to harvest and logistics and simply adds a premium per gram to compensate the tenants. Sunniva says they can produce a gram for under a dollar. So if they pay a premium within that $1or on top (lets say 15 to 20 cents per gram). That tenant is essentially earning $90-120k per year to do absolutely nothing but sign a dotted line, and maintain a small business and its certifications. <br/>
7bays (tenants) x120k per = $840k per year to have other comps as tenants, means minimal impact on the bottom line or revenues.