GREY:CNTTQ - Post by User
Comment by
GreenNmeon Jan 04, 2019 3:54pm
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Post# 29188069
RE:RE:RE:RE:Current capcity?
RE:RE:RE:RE:Current capcity? URGH !!?! I still couldnt get it right. Lol sorry, I'm high a.f. Last try: OGI has almost the same market cap as Canntrust. There. Have a nice weekend.
GreenNme wrote: Market CAP** at the end there, i was saying OGI now has almost the same market cap as OGI. About to leap frog them any day now.
GreenNme wrote: In regards to fulfilling the remaining 50k kilos...what are everyone's thoughts about outright acquiring Alefia for say $500 million all share deal... which would include Emblem, Canabo and Grow Wise Clinics and about 65 million cash back to TRST in the deal. I dont think they can afford OGI now since their recent run has them at the same market of Canntrusts just under 750 mil. Thoughts?
EdiblesRlife wrote: Currently around 40,000 - 45,000 kg (best estimate).
By end of Jan - middle of Feb (give them a couple extra weeks...everything in construction has delays) should be 50,000 kg
By Q3 2019 they expect to be at or near 100k kg. They had a plan for this to build an additional 600,000 sq. ft. on their current Niagara operations, however, the town passed a bilaw restricting this from happening for the time being..so now they are in a bit of a pickle and this will be a test of management to achieve the Q3 additional 50,000 kg target in an acceptable way to shareholders (not spend too much money or equity, and preferably have control over the operations). So we shall see.
In my opinion the type of agreements they will sign to get to the target capacity will be like the ones they entered into with Aleafia
Aleafia Aligns with Canntrust These types of agreements ensure Canntrust will get it's supply with it's own genetics, it just loses control over the operations.
They already have a supply agreement in place for 15,000 kg of cannabis in 2019
Aleafia/Canntrust 2019 MOU So without any additional expasion or agreements they are at 65,000 kg for 2019.
Here is the latest update on the 600,000 sq. ft. expansion
Canntrust Expansion Update MrHappy420 wrote: Just wondering what the current growing capacity is and what kind of increase are we looking at fir the year
thanks