GREY:ALEAF - Post by User
Post by
sthineion Jan 26, 2021 9:31pm
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Post# 32394771
Total production capacity at 128k kilos
Total production capacity at 128k kilosKeep in mind last year expansion for outdoor grow was not received health canada approval until May. As such they could not fully take advantage of opportunity. In addition to that very hot southern ontario weather delayed some planting. Niagara was also not up and fully running. If they run at 80% capacity this year we are looking at at 100k. At a modest price expectation of $2.50 that could be $250 million in revs. Capacity is 102k port perry, 25 niagara and 1 paris. No need to expense further irrigation costs this year or nigara or paris capital costs and $500k reduction in interest costs every qtr thanks to debt reduction. Looks good for 2021 guidance.