RE:Canopy1 000 000 sq ft will give more or less 100 000KG, Hexo has 1.3 million, Canopy around 5 million, there is going to be a lot out there, that is just weed, now add Hemp and we will surely fill 1 million kg a year capacity, it’s just a matter of how they will manage the company, become profitable, execute, keep the margins high, etc... that will determine if this is worth 8-10 or 20$...
If we use Q1 and say they make 1.20$ par gram at 38% margins, then 1 000 000 000 g X 1.20$ = 1.2 billion in revenues, at 38% that’s 456 million dollars, about our market cap right now... yeap, about our market cap now...
And I’m talking what maybe 2-3 years... okay maybe 4 years top... that’s a good investment in my opinion!
Please do your own research!
GLTA
TBM
SaltyJim wrote: Like most of us, I frankly haven't spent the time to figure out how much dry flower will be grown in Canada, much less the world. Its a big number.
Looking at 1,000,000 sq ft growing 75,000 KG, is that a fair #?. If not what is? and work the math out.
Canopy has + 5x that amount coming on line. 375,000 KG per year. Add on what their subsidiary Acreage will produce once federally legal, nevermind currently.
Add all the other producers.... number of the potential market is quite large.
It would be relatively easy to figure on the actual KGs possible. Even with competition from MLabs and Neptune etc. VGW the leader in the space, will capture the a material percentage of the overall number.
Safe to say, that with in 2 years 50% of it will be extracted. With VGW bringing capacity to 1,000,000 KG it would be not only possible, but very likely, that they can fill that capacity by year end 2020.
Investing in cannabis is a once in a lifetime opportunity for us. Extraction is the black box and missing piece to production.