RMMI Corp C.RMMI

New Presentation on website

[Revyboarder]

https://static1.squarespace.com/static/5abd43db31d4df0fc52197fb/t/5ed84d9297de0342ec46f3fa/1591233943341/RMMI+-+Corporate+Presentation+%28June+2020%29.pdf

Some highlights from the presentation: page 4.  They also note Clearwater CannGrow did $29 million in sales over the past year at 60% margins. 

Revenue per 100kg of Hemp biomass: $42,500.

8000 kg @$8500/kg = $69 million in revenue.  

74% gross margin = $50 million in cash flow. Well over $1/share on a diluted basis.  (Now say a prayer for this to come true!!!)

Exclusive Strategic 

Partnership with Leading

Hemp CBD Player
 

Initial hemp purchase + option to acquire 100% of Clearwater CannGrow

Principal assuming role of COO & director of RMMI

Clearwater principal to become single largest shareholder post-hemp purchase (17%) in

RMMI 

Favourable Economics on

Hemp Purchase
 

Purchase for 136,077 kg of high-CBD hemp from Clearwater at an attractive discount to market in shares and deferred cash payment

Once processed, the inventory is expected to yield 8,000 – 9,000 kg of CBD isolate, and have an implied value between $68m and $76.5m(3)

Option to Acquire 

Clearwater at an Attractive

Valuation
 

Option to acquire Clearwater for $15 million, $5 million in shares plus a $10 million deferred payment based on sales

984 acres of licensed hemp cultivation lands yielding approx. 1 million kg of high-CBD hemp for the 2020 crop cycle

Attractive valuation multiple of 0.5x LTM sales, and a discount to market price of inventory of approx. 25%

Cash Flow Positive in 

CY2020

Initial hemp purchase is expected to generate positive cash flow upon extraction in Q4 2020

Attractive expected gross margin of approx. 72% for CBD isolate product