Would have been good to know the amout of the harvest, to start to get an idea of revenue. Would like to know a few more things. Such as how many crops they can do a year, what kind of type they are growing, cause autoflowers they could do quicker and more than two a year.
So going by LGP figures, they say that 1000kg of dried flower converts to 100k 50 ml bottles of extracts, nice and simple calculation. So if the harvest they just sent to Extractas Bioscience was the 2000kg they had cultivating, means we will have 200k 50 ml bottles to sell, wonder what the wholesale price they get for this.
Would like to know when the Tasmanian commercial crop is planted, expected to be harvested, and how many crops can do a year.
A lot of questions that I hope we can get the answers for as think it will help the market in rerating, as of now we currently producing more than other companies, how much can this grow by considering how many crops we can do a year. Maybe thats one downside of the outdoor grows, might be restricted amount of crops a year, whereas indoor can keep it going despite the huge costs involved.
@plonka and @davefb , welcome aboard, good to see new investors finding out about ECS. Great time to be entering jealous my avaerage isnt at this price.
ECS Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held
