ICC International Cannabis Corp WLDCF

Operations update

[JohnnCash]

https://www.cantechletter.com/2018/05/icc-labs-has-a-122-per-cent-upside-gmp-securities-says/

• The company expects to harvest around 125,000 kg of raw hemp starting May 15, for use in its extraction process.

125,000kg=417 acres based on a 300kg per acre yield according to the lab deck. I'm assuming this is the harvest from the remaining acres that were unaccounted for in that Midas interview.

• ICC’s next step will be to get state authorization for extraction from the Uruguayan government, which Landry says could come by the fall of this year, a little later than planned.

• Landry has adjusted his projections to match the delayed ramp-up. His thinks that ICC will produce revenue and EBITDA in 2018 of $4.9 million (down from $15.8 million) and negative $0.5 million (down from $0.1 million), respectively. For 2019, he estimates a topline of $84.7 million (down from $103.9 million) and EBITDA of $20.8 million (down from $25.4 million).

• The analyst’s $3.00 target (down from $3.25) represents a projected return of 122.2 per cent at the time of publication.

Except to double your investment by end of 2018.

[mmjgaadzilla]

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[diamondyessnono]

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[Rollins7]

Do you know what a target is? Do you know what an analyst is? Quit posting.