Post by
sthinei on Jan 26, 2021 9:31pm
Total production capacity at 128k kilos
Keep 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.
Comment by
BuyorSeIl77 on Jan 26, 2021 10:20pm
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Comment by
ShakngMyHead00 on Apr 22, 2021 12:02pm
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