48North Cannabis Corp. V.NRTH

Heading Higher

[techfan49]

Who is the bean counter here. 45000 kg x 1000 grams per kg 45,000,000 grams of flower. Wholesale value of $270 million minimum. Divide that by present float and that gives you the future estimated wholesale value of harvested outdoors crop. 10% of the crop will be sold as flower That would be 4,500,000 grams at 6 to 7 dollars per gram or $27 million The remainder of the crop will be transformed into much higher margin products. Let's say that the higher margin is 10/gram The 40,500,000 grams would have a post transformed Margin profit of 400 million. Minus the cost to grow the flower. Minus the cost of transformation Minus the cost of packaging. Minus marketing costs. Still 400 million plus 27 million minus costs. Outdoor growing cost is very low. See details on website. If after all costs you have 300 million left And your float is 100 million Then present sp price is very cheap Considering they bought the 100 acres for 1.2 million the management should be hired to teach higher tier companies how to be profitable. 1.2 million for 100 acres and it could net Huge. No brainer. My opinion. We are heading to 10