GREY:ALEAF - Post by User
Comment by
truthseeker1on Nov 11, 2019 12:46pm
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Post# 30335924
RE:90% net profit, first LP in Canadian history
RE:90% net profit, first LP in Canadian historymy gawd man talk about a absolute total total exageration of figures ;; there never going to sell for 8$ a gram, not going to happen add to the fact Canada is in a oversupply ;;look at Hexo there selling retail tax in for $4.50$ anyhow its all pie in the sky and untill ALEF shows us some true $$$$ figures we will wallow in the 90cent area at best ;;;;;market right now due to the Black market and lack of retail stores
Oilspecs wrote: So the outdoor cost just over $800,000. We should get guidance tomorrow on our profit target on that. 10,300,000 grams @$8/gram extracted = $82,400,000. @$10/gram extracted $103,000,000. I understand that $10/gram is what most LP's are getting and the demand that is coming from edibles. You can bet your bottom dollar tomorrows guidance will be $10 or more. For those of you that did not get the update they said "Port Perry Outdoor Grow harvest yielding approximately 10,300 kg of dried flower. The yield figure is limited to dried flower, and excludes stems or other parts of the cannabis plant." How much other biomass was there, and can they use it to extract? 2019 OUTDOOR HARVEST HIGHLIGHTS 10,300 kg of dried flower harvested 1,000 kg per acre yield in Zone 1, which was planted in June 2019 $0.08 cash cost per gram to harvest (unaudited) OMG, So we are 90% net on this outdoor. Has this sunk in yet? ALEFLONG