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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 cornwallison Jul 23, 2019 6:44pm
52 Views
Post# 29952868

RE:RE:RE:Was at the Edmonton Facility Recently

RE:RE:RE:Was at the Edmonton Facility Recently
Thanks for the additional details, CaffeinatedBaco.
 
One other thing I'm curious about is the 13,000 kg/year maximum production you'd calculated in your first post.
 
RQB's web site and investor presentation give a value of 7,000 kg/year for Edmonton.
 
I'd just like to better understand the discrepancy, even with 13,000 kg/year being a theoretical upper bound rather than an expected production output.
 
The values and calculations you're using seem reasonable to me.
 
I assume that the 29 g/plant dried is a value that they'd provided to you during the tour?
 
I'm also assuming RQB is being conservative with their value.
 
Maybe the RQB value reflects only some of the rooms being usable so far, and the cautious/slower ramp up, like you've described?
 
That may set more realistic expectations for the first year, perhaps with an actual value closer to the one you calculate being attained once production is fully going?
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