500kg of dried flowers? Sounds a decent amount. I have heard medical marijuana is very highly priced. Looking online, the average spend for a patient in Australia is $384 per month. Germany apparently has a fixed price for medical marijuana at €9.52 per gram for consumers. A pharmacy will typically take a 40% mark up which leaves us with €5.71 per gram, excluding taxes. 500,000 grams X €5.71 = €2,855,000. $4,425 250 AUD. Obviusly very 'back of the envelope' stuff. Obviously, we would start small to show proof of product and so forth but hopefully it pays some bills. Let's hope we get some scale up as things progress. I'm not sure about the cbd oil but I read it goes for $100 per 30ml in Australia retail. As a very rough estimate ( 15,000 X $200) X. 6 (to neutralise pharmacy mark up) = $1,800,000 Aud. Let's hope we pay a few bills and break even.
1PG Price at posting:
16.5¢ Sentiment: Hold Disclosure: Held
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