Newstrike Brands Ltd NWKRF

Healthcare Biotechnology Cannabis

"Newstrike Brands Ltd is a licensed producer and cultivator of medical cannabis based in Brantford, Ontario. The company cultivates and sells both forms including dried and fresh marihuana."

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Newstrike Brands Ltd > Estimated cost per gram for Newstrike?

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Comment by BUYING4MEon Nov 04, 2018 1:42pm

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RE:Estimated cost per gram for Newstrike?

The facility itself currently consists of 14,000 square feet of indoor growing space, and a vault with a capacity of 625 KG of product. This equates to approximately 3,000 KG of cannabis production a year, with a cost of roughly $1.75 per gram as per the companies July 2017 investor presentation. Based on this cost of production, even at a very conservative estimated price per gram of $5 the company would be able to achieve margins at roughly 65%. Using this figure again, it would equate to annual revenues of roughly $15 million for this single facility.

https://thedeepdive.ca/latest-developments-newstrike-resources/