300 Million market cap --- You decideLots of talk about a 300 million market cap for CHV. That's 10 times what it is right now. Is it do-able. You decide...
Vegreville is supposed to able to produce 40,000kg a year. Now this isn't going to happen for a few years at least but it's in the works. That's 40 million grams per year. At a very fair cost of $8/gram, that works out to $320 in revenue a year. I don't know any companies that trade their market cap at just revenue. Always a multiple of.
I think we are on the ground floor of something that could be huge
“The initial custom-built production module on this property will produce more than 5,000 kg
annually with a consistent output of 100 kg per week,” said Canada House’s CEO Chris
Churchill-Smith. “We will continue to add additional production modules strategically. As of now,
the property will support up to 8 modules, with a total annual production of more than 40,000 kg.
This facility dramatically increases Canada House’s production potential, positioning us to serve
Western Canada properly.”