Post by
Barney77 on May 13, 2019 11:12pm
Yields???
Per Flower Ones recent tweet, they are soon to start harvesting 10,000 plants per week. Anyone have an idea of an expected yield. I have read that 0.5 -1 pound per plant is possible.
At .5 pound per plant thats 5000 pounds per week!!
At $2000 a pound that would be 10 million a week in potential revenue.
I find that interesting as I read about Cronos earnings last week and they have like a 2.5 billion dollar market cap and only had 6.5 million in revenue for the quarter. We are looking at this type of revenue potential per week.
What is is a fair market cap for us?????