The company contacted me to correct some of my assumed figures.
The reason the grow rooms are limited to 24 are several. Firstly the economics of cooling - as I think I've posted before, the rooms are set up so that when the lights are on in one, they're off in the adjacent room enabling heat exchange economies. Secondly the control of humidity & CO2 is better managed in this setup. And thirdly, by having all 10 rooms on a different growth cycle, they are able to harvest one room each 5 days. (I think I said 6 - not too far out)
Also the Miracle Valley order was for 216 machines. $2.3m did look a bit cheap for my assumed 240. I assume they're doing 9 rooms.
RGI Price at posting:
45.0¢ Sentiment: Buy Disclosure: Held
