GREY:ALEAF - Post by User
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OldSchooIon Oct 08, 2020 9:16am
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Post# 31685616
RE:RE:RE:RE:RE:RE:i don't think so.....
RE:RE:RE:RE:RE:RE:i don't think so.....Somebody did their homework. Well done. This is just the beginning. Just watch. Patience is key. AHLooong!!!
christophwaltz wrote: The LPs "claiming" that they growing at $xx.xx per gram is all bull. If they grow at $1/g, and are only able to get 1 sellable gram for every 2 or 3 that they grow...that doubles or triples the true cost that it takes to produce 1 gram. Meanwhile they conveniently stack up the other gram or two of unsellable junk in the vault and write it down as an "asset".
It's really something else man.
If they can grow it for $0.08/gram and sell it for $0.25 to another licensed producer (and not to a provincial board or medically), they can immediately forgo the excise tax and beat the game right there.
I hope they can crush out some sales on a huge chunk to other LPs (perhaps extractors...maybe NextLeaf or MediPharm or Valens...it doesn't matter). They can keep the preroll 11 acres and another 15-30 acres for themselves to cover their own extract needs and then go bloody wild selling over the next year.
Meanwhile Niagara is coming to bear right now as well with their flower offering (to hit the market one of these days in the next month or two).
Should be a different look for this company in the next quarter or two.