GREY:ALEAF - Post by User
Comment by
Oilspecson Oct 07, 2020 7:44pm
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Post# 31684419
RE:RE:RE:RE:i don't think so.....
RE:RE:RE:RE:i don't think so.....stocktracker101 wrote: I'm hearing estimates of 80,000 kg+ on the harvest. Not sure how accurate that is but if they are growing at .05-.06 / gram they will blow the competition out of the water. Shorts got lucky on the close. That should've closed at .51 on the TSX just as it did as per Canadian Consolidated. Last trade of the day was at .51 but not on the tsx.. Regardless, most pot stocks rallied today.. Canopy almost 8%.. There is resistance at .52 or the (8weekEMA).. Canopy and Cronos are also both finding resistance at that moving average. If it starts closing above that it should continue upward.. We will see how the rest of the week plays out..
OldSchooI wrote: You are correct, Towerings. It will be lower. CPG will more than likely equate to .5 - .6 when the dust settles. AHLooong!!!
Toweringmars wrote: So... You did it by hand with some hair trimmers and you question automation? I gather the time it takes to trim, heck it took me 45min to trim 40 grams off a tiny auto. That said, they have machines for this you know. Industrial standup trimmers.
But you are correct... It will be even lower than 8 cents a gram. :)
Oasisjunior wrote: back in the day when times were tough I cleaned bud every evening to help pay the bills... .08 cents per gram is just not possible,,,,, clean a few grams and you will figure it out ...
I see the same thing, weekly needs to close above .51.
I say 60,000-80,000. But you honestly can not tell by looking at it. Could easily be higher than 80,000kg. They averaged just under 1,000kg per acre last year and they planted 66 acres this year if I am correct. If they do pull off north of 60 it will be a great success. The only company that has a chance to make it in this industry. Grow for less than .10 and sell for ANYTHING. The extra grow rooms are complete and ready to go.
The real question everyone should be asking is how the F are the other LP's going to compete when Aleafia has almost endless product at a cost to produce of 25 times less. You do know that many LP's are still growing for over $2.00/gram? Some hybrid greenhouses claim to have costs down to .90/gram. Key word being "claim"
I bet Aleafias CPG will come in at around .08/gram again this year, but next year it will drop drastically to around .04 or less. That is very hard to compete against.
ALEFLONG