GREY:ALEAF - Post by User
Comment by
Toweringmarson Dec 12, 2019 2:54pm
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Post# 30449026
RE:RE:RE:COST TO PRODUCE OUTDOOR ..... .08 CENTS/ GRAM
RE:RE:RE:COST TO PRODUCE OUTDOOR ..... .08 CENTS/ GRAM You keep missing the main point... The company needs to compete with 2.0 products... Especially with licensing winning brands from cali producers they want to be first to market.
We have to produce these formulations with product... And dont have the supply side to do so with our smaller indoor grow facilities, whilst being able to maintain medicinal patients and supply the white label contract.... So sell the outdoor at wholesale prices of 2.50 to have to .... Buy wholesale weed to make our 2.0 products??? Cmon man.
We dont have all that much inventory stocked up relative to peers. Youre trying to run when we're still walking.
Also if you we're to do more substantial DD on the company youd see that with our current burn rate we have about 29- 30 months of runway with the cash we have on hand... SO LITERALLY if we kept going at the pace we are we dont need money for the next 2 and a half years. Our capital Capex is pretty well done... So there are ZERO problems with finances right now. That being said we just recently had a profitable quarter (before the outdoor harvest was on the books) You think we're going to have issues with profitability 2 and a half years from now??
Thats like telling KL Gold to sell ore a 1/10th of the price instead of processing it into gold for a quick cash grab...