Looks like two main channels that VGW is running in. Possible back test tomorrow to $4.25. If it stays on target, I'm looking at a price target of $5 by May 10th.
Revenue increased to $2,220,200 for the first quarter of 2019 compared with $nil in the same period in fiscal 2018.
1,796,000 grams of dried cannabis and hemp biomass was processed in the first quarter of 2019.
$2.22M/1.8M= $1.23/gram
Profit was 38%
Current capacity is 240,000kg. If they complete all output, the revenue will be around $295M. This gives projected annual revenues of $112M. Market Cap is $433M.
Revenue increased to $2,220,200 for the first quarter of 2019 compared with $nil in the same period in fiscal 2018.
1,796,000 grams of dried cannabis and hemp biomass was processed in the first quarter of 2019.
$2.22M/1.8M= $1.23/gram
Profit was 38%
Current capacity is 240,000kg. If they complete all output, the revenue will be around $295M. This gives projected annual revenues of $112M. Market Cap is $433M.