This stock has never gone up in its historyProgation business $?
weed grow = 3$ per gram x1000g = 1KG x 57,000-96,000KG = $ 288,000,000
at discounted prices of 3$ per gram. After excise tax of roughly .75 cents per gram? And all in cost of sales of ~1.50$ Per gram leaves us with about a 25% margin of .75 cents profit after all in costs CONSERVATIVELY
So lets assume they will get at least those numbers as an average.
gives us about 72 million dollars of profit on the year if they produce 96,000 KG
this stock has basically never gone up in its history. Except for 3 days in late june.. my question is WHY?? How this stock such a falling knife, and compared to every other LP its insanely undervalued. Even with this dilution, itll be at .5 pb ratio fully subscribed.
so what the f4ck is going onhere??They have alot of debt, which surely some got paid off with recent prepays agreements.
Anyone feel like weighing in?