Flower One Holdings Inc FLOOF

Market Glut

[payt]

Just some facts and figures.. " When combined with the Company's 80,000 plants per cycle, this combined 480,000 square feet of cultivation and production will result in annual cultivation of over 148,000 pounds." Price per pound.. "Dry Flower Buds = USD $2,799 per lb" 148,000 tines $2799 = $414,252,000.00 per year Trouble is the total market is only.. " According to State officials, Nevada's fast-growing marijuana industry had revenue in its first fully legalized year totaling $529.9 million, including $424.9 million for recreational use1.

[payt]

Putting $414million sales into a $529.9 million market will not work.

[GreekRocket36]

great analysis, I was thinking the same way. But how about 50% discount to that? Would you be happy if the company generated $200m in revenues? At that level of sales, what the price/sales ratio and compare that to some of the other multi billion dollar high flyers. Also, being the largest greenhouse and an experienced greenhouse operator, these guys can kill the competition. Thought?

[NevadaBudKing]

I think that the market is expected to continue to grow and a little competion is always good :) Trump is also looking to make policy change on Cannabis in the near future. Potentially enabling shipping across state lines.  Can't wait to see this state of the art facility !

[NevadaBudKing]

Colorado has 5.5 million residents and a cannabis market is over $1 billion (mature market)   Canada has 33 million residents with hundreds of acres of greenhouse cultivation and some of the highest valued Companies in the industry   Nevada has 55 million visitors annually and 3 million residents with an immature market and limited cultivation (right now)  FlowerOne will be

[payt]

These are the official figures as set out in the Oct. 23, 2018 news release.........." According to State officials, Nevada's fast-growing marijuana industry had revenue in its first fully legalized year totaling $529.9 million, including $424.9 million for recreational use." ......There is no official projected increase

[payt]

There are however numerous new companies coming on line in this arena. Here is an example...Aurora Cannabis, one of the biggest Canadian marijuana stocks, debuted on the New York Stock Exchange Tuesday and it didn't go well. Shares quickly fell more than 15%... Many of Aurora's marijuana peers were tumbling sharply, too... Investors have been dumping cannabis stocks since Canada legalized

[payt]

This address should work better -- https://www.cnn.com/search/?size=10&q=%20Aurora%20Cannabis%20

[MrTAteam]

This post has been removed in accordance with Community Policy

[NevadaBudKing]

Things are changing in the US and Trump can see the potential Job #'s & Tax $ from this industry. https://www.rollcall.com/news/politics/rohrabacher-says-trump-will-liberalize-marijuana-policy-midterms Trumps golf buddy. Interesting video. https://pro.nicinvestors.com/p/CIRLNC39V/ECIRUA02/?h=true US customs has a lot of information but access to your investment account holdings is not