WMD's Biological Assets from Outdoor GrowLooking at Aleafia's Q3 financials, they are recognizing roughly $13.5M in biological assets on 10,300 kg they ended up harvesting in October 2019.
From what I've heard, WMD has harvested close to 20,000kg of outdoor product meaning their Q3 statements should have roughly 25M in biological assets from their outdoor grow if they are valuing each gram similar to Aleafia at around $1.25-$1.30. If we were to include cannabis from their additional 10 grow rooms licensed in August, I can see biological assets hitting $33M plus for Q3. I would assume that they'd want to keep their estimates as low as possible before converting to inventory and booking the gain in revenue once sold.
WeedMD was sitting at a $97M book value as of Q2, but I expect it to go up to around $125M for Q3. They completed the bought deal at the end of Q3, so the cash may be reflected on their financial statement for Q3 and decrease for Q4 once they allocate it.