RE:Zenabis production cost down to $0.63 per gram!!buddyboybruce wrote: From ZENA's Q1 report, production costs are down to $0.63 per gram. Possibly the most important takeaway from the Q1 numbers. That's 2/3 of last quarter, and among lowest in the industry. Do the math: This low production cost in light of the bulk supply arrangements highlighted in today's corporate update literally translates to 10's of millions of dollars for Zenabis. These are facts. No denying that the ship has been righted.
Some top licensed producers continue to grow grams at costs between CA$4 and CA$5, while others, including Aurora, operate at under CA$1. Zenabis at $0.63 should be the "aha moment" for you like when Doc realized he can send Marty back to the future. With the bulk supply arrangements, they won't need to sell the Delta facility if they don't want and can keep it as a museum to educate the public.ZENA stock at 52 week low and could be the start of a "Hulk Hogan comeback-sequence."