GREY:CRXPF - Post by User
Post by
OptimumSpectrumon Jan 18, 2019 11:29am
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Post# 29251371
Revised Revenue Potential Calculation Breakdown 2019
Revised Revenue Potential Calculation Breakdown 2019About 3 months ago I made a post regarding the possible revenue outcome for this year, however since then croperations have expanded their Nevada Nye site to 1865 acres, with a total pivoted area of 1340 acres. I figured a revision of my previous calculation is long overdue.
OK....So lets assume that they get $200 per lb. JUST for the flower...which we already know they will be getting much more than that.
(240,000 LB X $200 = $48,000,000 USD) X 0.49 = $23,520,000 USD or $30,878,232 CAD
For their 2019 harvest:
(1,340,000 LB X $200 = $268,000,000 USD) X 0.49 = $131,320,000 USD or $173,985,868 CAD..... once again keep in mind this is only for the flower, and not seeds, oils, baled fibre or CBD isolate!
Washington II - The Park
Now I am not 100% sure what the US prices are per pound, but the average cost that I am seeing is $3,000 USD, but I will go with a very modest number of $1,600/ LB just because I can.
((1000LB/ month X $1,600 USD/ LB = $1,600,000) X 0.6 = $960,000/ month) X 3 = $2,880,000 USD / quarter or $11,520,000 USD at annually, until the property costs are recovered. Then they will receive 30% indefinately after that.
California 1 - Humboldt Farms
(1400 LB X $1,600/LB = $2,240,000 USD) X 0.3 = $672,000 USD for the good stuff
(700 LB X $1,000/LB = $700,000 USD) X 0.3 = $210,000 USD for the lower tier bud used for extracts. That brings my extremely low prediction the Humboldt farms first harvest to $882,000 USD.
Italy
For the high grade CBD hemp I believe they will fetch well over $100,000 / acre.
($100,000/ acre X 25 acres) X 0.3 = $750,000 USD for the Italy project. So to conclude:
$23,520,000 - Nevada
$2,880,000 - Washinton II The Park
$882,000 - California - Humboldt Farms
+$750,000 - Italy
$28,032,000 - Total revenue for Q4
$28,032,000 for Q4 2019 is my personal modest prediction, based off the numbers given to us. 2019 will easily be over 100 million USD however, with the Nevada project alone. It wont be long until we are near the top of this list below, just keep in mind these numbers wont be coming out for a while yet. 