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Sunniva Inc SNNVF

Sunniva Inc. is a Canada-based company. The Company is not engaged in any business.


GREY:SNNVF - Post by User

Comment by ThinAirDesignson Jun 17, 2020 12:46am
81 Views
Post# 31158663

RE:RE:RE:RE:RE:RE:RE:Glasshouse germinated?

RE:RE:RE:RE:RE:RE:RE:Glasshouse germinated?

// "Using $1000/kg works in favor of the other locations."//

(First off, I was using lb, not kg but that's not central to your point.)

You're wrong that it works in favor of the other locations - because CatCity charges 10% for distribution and the distribution tax dominates the 1% Lompoc cultivation tax.

Raising the sale price from $1,000 to $1,500 raises the CatCity distribution tax from $40 million to over $60 million and only raises the cultivation tax in Lompoc by $1.35 million. 

Me using a conservative price of $1,000 favors Sunniva by near $20 million dollars.  Truth is, currently the actual wholesale price is closer to $2,000 lb in CA for top shelf product - and that would add another ~$20 million to the tax debacle. 

You're not very good that these calculations, are you. 

 

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