RE:RE:RE:Sales contracts?I would be more comfortable with some pre-sale, hedging. But if there is so much pent up demand for high quality then investors would criticize them for playing it safe. Double edged sword but personally I think its smart and good business to hedge.
The last news release said this will be "one of" the largest, not the absolute largest - 80,000 kg is a lot
https://speakeasygrowers.com/5-weeks-from-harvest/ - the largest outdoor harvest in Western Canada... maybe all of Canada
Also EASY has the lowest production cost per gram at an estimated $0.04 - leaves a lot of room for margin and I'm finding it hard to find an LP with positive EBITDA. What I found a lot of in my research is the race to bankruptcy, each of the majors has raised hundreds of millions and some are $100M in debt, producing 100k kg + annually, and their plan is to scale up to achieve profitability - I found a greenhouse with low production costs at $.63 per gram but still not profitable - only winner is the banker
EASY still has lots to prove but they have a
hundred years of farming know how and building SunRype on their side, no need for pesticides and dry heat all summer