Earnings potential can be found in a few other threads but I'll start you off....
Our first 240 unit facility will produce over 10,000 pounds of weed per year
At an estimated $1/gram costs & $10/gram sale = $9 profit
10,000 pounds = 4,500,000 grams
4,500,000 * $9 = $40m per year profit (before tax)
Thats for 1 240 unit facility.
With a price/earnings ratio of 6 we should have a market cap of AT LEAST $270m per facility
Currently around $30-40m market cap
$2.50 per share would be a start once our first facility is going.
$1 per share is what I'd expect once we start building this facility.
Then add our 20 year exclusive contract with Gibio
Then add our 10-49% stake in Gibio
....
Do you see where this is going?
I don't think a 500% increase in share price in the next 12 months is out of the question
RGI Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held