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Ravenquest Biomed Inc RVVQF

Ravenquest BioMed Inc is a Canada-based diversified cannabis company with divisions focused upon cannabis production, management services and consulting and specialized research and development. It provides integrated solutions to companies in the cannabis industry and provides growing and drying technologies, patient and genetic management systems, and security management solutions The company operates through the following segments - Consulting business and Cultivation and Sale of Medical Cannabis.


GREY:RVVQF - Post by User

Comment by HowdyBobon Jul 19, 2019 7:10pm
61 Views
Post# 29941913

RE:Production & Debenture

RE:Production & DebentureSo based on your numbers, RQB is making $6.90 profit per gram?

Also, what further expansion will they be doing that cost so much money they need to raise again?

Cultivation License April 10th, grew from seed, 1st test crop and Mother plants all done near end of June and then a push for mass production to get to a run rate of $11,000kg by end of September with a change from table to Orbital in Markham. 11,000 run rate attained by end of September means that 8 weeks later cropping at that rate. So by December 900+kg per month.

Doesn’t a 4,000kg a year average you state equal 333kg per month? So as you say they would be releasing at least 666kg/333kg by end of July which means that that was planted mid May at the latest?

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