Duncan Production Facility can use 10,000 ft² of cultivation area to produce “Maximum capacity at this facility is 700,000 grams/year.” “facility could ramp up to 12m grams/year in due time, making it the largest facility of its kind in Canada by far” Note 1
Price of Medical Marihuana is like any commodity varied. One site (note 2) suggests retail 20-60US$ for a gram. Play time for me $40usd is the medium of 20-60 retail might suggest $20 per gram or about $14,000,000USD at 700,000 gram per year or $240,000,000USD if the ramp up is used.
This does not include Lucky Lake of course or the fact MMJ is vertically integrated to significantly value add to my low ball play above.
What’s the closing price today? Not fussed myself. I want part of the rivers of revenue MMJ will provide holders not traders. Mkt cap $31.57M today- Not for long is my bet
1 http://www.mmjphytotech.com.au/wp-content/uploads/2015/03/PYL_BBY_Research-20150325.pdf
2 http://health.costhelper.com/medical-cannabis.html
- Forums
- ASX - By Stock
- HGV
- Guess the close price!
Guess the close price!, page-32
-
- There are more pages in this discussion • 102 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HGV (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.93M |
Open | High | Low | Value | Volume |
5.2¢ | 5.2¢ | 5.2¢ | $1.664K | 32K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 75584 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 13272 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 75584 | 0.052 |
1 | 3169 | 0.051 |
1 | 51011 | 0.050 |
1 | 31830 | 0.048 |
2 | 1106000 | 0.047 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 13272 | 1 |
0.055 | 75073 | 2 |
0.057 | 16111 | 1 |
0.058 | 45081 | 3 |
0.060 | 50218 | 3 |
Last trade - 13.37pm 18/10/2024 (20 minute delay) ? |
Featured News
HGV (ASX) Chart |