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UTRS
Thanks for your reply.... appreciated
I like the fact that the main holders have a financial background too....they appear to be putting in place a team with experience in all the areas where they need it....
regards
Pokerchips I have a question for you
In 6 years time when we are making £200 what market cap do you think we will be on ? . What PE would you give it ???
Show me another company that can go from zero to £200m within 6 years because I think that is amazing.
Current mkt cap £7m !!!
Hi Pokerchips
200 tons = 200,000 kilos
How’s that ? LOL
This is what Melissa actually said “ She said: “We will be growing under proven, successful, natural cycles – under poly-tunnel – with no requirement for artificial heat or light. We plan to ramp-up to full capacity over a six-year period”.
So it won’t take after 6 years to get to full
Production. It will take up to 6 years !!!
In regards to application of the commercial license she said “ Ms Sturgess added: “The next step is for the Home Office to visit our site and then grant us a Conditional Licence. The approved licence will be for R&D in the first instance.
“We will grow 65 strains of cannabis to stabilise them, with help from Dr Dedi Meiri’s lab at The Technion in Israel. Then we will move to apply for a commercial licence when we have the strains stabilised.”
Trey plan to put plants in the ground next Spring . It should only take them 1 crop to find the keepers out of the 65 strains (after all they are only looking for 13 to actually keep).
At that point I think they will apply for the license (maybe after the Prof has looked at them at the lab).
As you know our partners are the best you can get and we would have had our 1st license agreed , so it shouldn’t take long for them to give us the commercial license.
It’s good that we will be building up to 200 Tons and not all at once . You need to walk before you can run . Let out partners get used to the facility and plants first . Then scale up .
Saying that, I don’t think that they will want to waste time because this has been in the making for years . You would have thought that Ananda have told the home office their plans for a commercial license already.
As for supply base demand , the industry can’t keep up with the demand because it’s the fastest growing sector in the world and it’s only going to increase month on month year by year (thc , cbd, oils ,etc). Plus it will be needed for medical scientists to bring new products to market for cancer and epilepsy etc .
It’s like buying BTC right at the very start.
Just wait until the hedge funds / institutions start buying in like they done in Canada.
We have many price drivers coming here like license, RTO or new listing on main market etc .
Look at how cheap we are compared to mxc, sat , cbx etc etc. We are not on everyone’s radar but I expect that won’t be for much longer because the bod have big plans and that’s why they have attracted such experienced partners.
Ask yourself , why have they chosen with little ANA ??
BIG things coming here and the time to buy is right now, before all the news flow starts imo
GL
"2 tons per year = 200,000 kilos "
UTRS
you still cant get it right !
200 tons = 200,000kg
I would say £2000-£2500 is a reasonable estimate....they are working on an off-take agreement ...how variable do you think that price will be ?...
The spot price for cannabis on the Canadian exchange is pretty stable at the moment.... but of course much depends on the supply/demand variable of course
https://www.cannabisbenchmarks.com/report-category/canada/
UTRS,
Yeah...but that 200 tons figure isn't going to be the year 1 output...they have said they expect to reach 200m tons after year 6
...so...need to bear that in mind !
How long does it take to apply for the commercial licence once they have the conditional licence ?
When do you envisage them actually starting the grow commercially ?
2 tons per year = 200,000 kilos
200,000 kilos x £2500 (average depending where we sell it).
Let’s call it £2000 after costs etc
200,000 x £2000 = £400,000,000
Ananda get 50% = £200m per year !!!!!!!
Current mkt cap £7m