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Bullboard - Stock Discussion Forum Flower One Holdings Inc FLOOF

Flower One Holdings Inc. is a Canada-based cannabis cultivation, production, licensing, and wholesale company. The Company produces a range of products from flower, full-spectrum oils, and distillates to finished consumer packaged goods, including pre-rolls, concentrates, edibles, topicals, and other brands in cannabis. It offers cannabis brands such as Cookies, Kiva, Old Pal, Heavy Hitters... see more

GREY:FLOOF - Post Discussion

Flower One Holdings Inc > Check this out !! Huge !!
View:
Post by NevadaBudKing on Oct 18, 2018 10:32pm

Check this out !! Huge !!

Since there are no pictures on the website of the greenhouse yet. :(

Check out this baby only a city block long LOL

https://www.google.com/maps/place/Windset+Greenhouses+Nevada/@36.2300579,-115.1207933,744m/data=!3m1!1e3!4m6!3m5!1s0x80c8c29c146be06f:0xb91a8a283b001759!4b1!8m2!3d36.2304682!4d-115.1248743

There going to get the whole state high :) 

Still listed as Wiindset fyi
Comment by Barney77 on Oct 19, 2018 12:38am
The greenhouse is huge. 400,000 sq ft, and they say they can grow 140,000 pounds per year. Anyone help me with these assumptions.... For Growing, I understand they want to have product produced in Q1 and can grow 80,000 plants at one time. My understanding is the growth lifecycle is approximately 90 days?? and if so, Q1 makes good sense. Would it be fair to say they could have 3 crops a year ...more  
Comment by NevadaBudKing on Oct 19, 2018 1:47am
So due too the limited number of licences in Nevada the average cost for pound is $2799 LB for flower.  From the nevada tax site : https://tax.nv.gov/uploadedFiles/taxnvgov/Content/Forms/Marijuana-Fair-Market-Value-Jul-1-2018.pdf From what I understand they will get 6 crops a year harvesting 1 of the 8 zones a week.  Your number of plants is very acurate . The efficiencies and state ...more  
Comment by motamota on Oct 19, 2018 6:59am
I see FONE as an ideal acquisition target. The barrier to entry into Las Vegas is huge and there is no other greenhouse infrastructure in existance.  The state sets the tax on a set price per pound which eliminates vendors from undercutting prices , you can sell at $1800/lbs but you are going to get taxed at $2200/lbs. The price will be secured.  Nevada has done an excellent job ...more  
Comment by Goldfuel on Oct 19, 2018 12:15pm
I agree with what you are saying motamota, but only to a point. One competitor that has been in operation in Vegas for over a year is TGIF recently changed name to 1933 Industries. They have strong sales from hemp based CBD products to over 400 retail stores. They have 67,750 sq ft cultivation under construction and 12,160 sq ft production building.  SMALL in comparrison to FONE. Although I ...more  
Comment by motamota on Oct 19, 2018 12:43pm
@goldfuel - the question you need to ask yourself is how much space are they "actually" using to grow.  According to this doc... they are permitted to grow only 5000 square feet.  https://www5.lasvegasnevada.gov/sirepub/cache/2/c3n5t1wemow3u4jv5uwtdxui/1103335810192018093332274.PDF I cant find any updated license info
Comment by Goldfuel on Oct 19, 2018 7:01pm
motamota- You said "The barrier to entry into Las Vegs is huge and there is no other greenhouse infrastructure in existance"  TGIF (1933 Industries) has just under 12000 sq ft in production and completing a 67,750 sq ft grow for early 2019.  AGAIN ...small compared to the 450,000 sq ft that FONE will have in production in Q1.  But thanks for the copy of a TGIF licence from ...more  
Comment by motamota on Oct 20, 2018 6:48am
Good call getting into FONE -  Too cheap at these prices. I picked up more on the dip ($1.18) When multiple members of the board are picking up over $300k in stock at $1.60 you know its a steal    
Comment by motamota on Oct 19, 2018 7:22am
depending on strain - your grow cycle can be between 9-11 weeks. Add on another 2 weeks or so for drying/prep you could get 4-5 cycles per year. These guys would most likely do a perpetual cycle so the growing is staggered throughout the year. This will allow constant output of cannabis and steady revenue. Your yield per plant is much much higher in a hybrid greenhouse like FONE. The plants are ...more  
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