New Kid on the Block, page-2

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Levelgrinder

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24/02/18

21:32

Post #: 31318612
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Originally posted by COD ↑

PUF Ventures, the Vancouver-based biomedical ACMPR applicant with a production facility in London, Ontario, has just announced a strategic partnership to construct a 1 million sq. ft greenhouse operation in Australia, which will allow for large scale cannabis cultivation and production.
PUF Venture’s new production facility is a strategic partnership with the Richmond Valley Council, a local government in the New South Wales region of Australia, and the facility will have the capacity to produce as much as 100,000 kg of cannabis a year. At full capacity, the facility would produce an estimated value between $800M-$1.1B CAD worth of cannabis, based on Australia’s current prices.
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"...based on Australia’s current prices"?

What exactly is the current Australian price for a kilo MM?

Serious question, because I've never even seen per gram MM pricing for Australia.

And a local council is partnering for a billion dollar grow op? By themselves? As in no other Australian commercial partner? Wow, thats pretty big.

MMJ Price at posting: 45.5¢ Sentiment: Buy Disclosure: Held
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New Kid on the Block, page-2

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