Harvesting & Revenue, page-182

Regarding that greenfund report

The 56million revenue at the top of year 2020 should be closer to 50m. It looks like they used $59au a pound
Their article shows the DL agreement is live and at US35 (52au) per pound (15.4 x3) or 46.2m for the lot(46.2 plus 3.5 from agtech) equals approx 50m.

I’m not using the bonus flower right now.

This then washes down through the page and therefore the improvements in future years then becomes obvious. Around 35mAU ebitda for 2020 (even this could be high subject to further price falls if the balance 2/3 price is lower)


To be honest that article is semi obsolete and in no time those figures could be out of sink due to all the changing circumstances that have yet to be revealed.
Another simple way is triple the DL deal add some flower less 12-15 m costs gives a very not to disimailar outcome.
A very rough guide at best.


Not investment advice, do your own research, and consult a licensed adviser