GREY:CRXPF - Post by User
Comment by
Irie99on Jan 09, 2019 3:24pm
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Post# 29208227
RE:RE:RE:RE:RE:Re read the deep dive analysis
RE:RE:RE:RE:RE:Re read the deep dive analysis I think you’re right!!! 49% of 2.6mil lbs-5.5 mil lbs....
i also forgot they were turning all of the 2018 240 acres (240,000lbs) into CBD isolate. I can’t wait to see how much they’ll get for that!! The going retail rate is $16.50/gram. Let’s assume they wholesale about half of the isolate and use the rest for Cannadrink and other proprietary products. Using a conservative $2/ gram for the wholesale isolate 120,000 lbs that’s about $110 million usd. At $1/gram that’s $55 mil usd. 49% is 27 mil usd just from the preassumed wholesale (I have no idea how much they’ll wholesale or at what price). Having the ability to produce your own CBD isolate for your own brands of cbd products is a lot more profitable than having to go out an buy isolate wholesale.
UNDERVALUED STOCK.