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Bullboard - Stock Discussion Forum MYM Nutraceuticals Inc MYMMF

MYM Nutraceuticals Inc is a Canada based company engaged in the business of acquiring and developing natural remedies. The company is focused on the medical marijuana business by producing cannabis growing facilities and products.

GREY:MYMMF - Post Discussion

View:
Post by TheBridge on Apr 08, 2020 10:23am

Highrise

Holy Smoly, this quick monsterous rise in share price makes it hard to breathe, the oxygen is so thin up this high! But the view is so much better up here than down in the basement. Looking forward to moving up a few floors, we might have entered  a highrise, it once was, maybe we're back in the same highrise. Yahoo!
Comment by TheBridge on Apr 08, 2020 10:32am
Just a quick summary of my last post. "It feels like we moved from the $hithouse to the Penthouse."
Comment by Falcon281 on Apr 08, 2020 10:42am
anyone know how much growing capacity the facility is capable of.
Comment by WeeblesWobble on Apr 09, 2020 12:25pm
The original plan (circa Sept. 2017): "Phase one of the Laval facility will permit production of 1,000 kilograms of medical cannabis annually, representing approximately $7 million in gross revenue for the company, a media statement issued recently said." ... "Phase two of the Laval project will consist of building an additional 16,000-square-foot facility for the growing and ...more  
Comment by THEMILLION on Apr 09, 2020 1:03pm
That's worth 8 cents.  Far cry from highs of $5.  We should be able to get to $1 within a year if things go well. TM
Comment by BadgerMeBack on May 13, 2020 4:52am
Do some math man, not hard to use the data they provide, and see through the smoke. 1000kgs x 2.2(conversion) = 2200 pounds 2200 x 448(grams per pound) = roughly 1million grams Soooo they'd need to sell each gram at $7 wholesale to hit that benchmark. That's a reach. Let's go with it though. Assuming their margins are %50, (which I highly doubt with this management team and the small ...more  
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