Hi Everyone I just ran some numbers for the upcom
Post# of 2219
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Posted On: 07/17/2018 7:00:20 PM
Hi Everyone
I just ran some numbers for the upcoming harvest below and I also posted this message on the SIGO IHUB board. If all goes well we have a good chance to pay off Fife and get all our licenses paid off in cash.
OK everyone I have just compiled some possible numbers from the upcoming harvests from Bay 1 and Bay 2 for SIGO. From Instagram they told us estimate of 1200 plants in Bay 1 and 1400 plants in Bay 2. I researched and saw that the goal for each plant in a greenhouse grow for marijuana is 1 pound per plant. Let’s even be conservative and say 3/4 pound which would 12 ounces per plant. So you add 1200 plus 1400 and you come up with 2600 plants. If you multiply 12 ounces per plant times 2600 plants you come up with 31200 ounces of marijuana. One website I saw today has $256.48 per ounce of high quality marijuana and $205.43 per ounce of medium quality marijuana. Another website had $305 per ounce of marijuana. I have included these links below for your reference. Check the numbers below. Not sure what the status is with REI and if SIGO just sells all this marijuana to them and they get a certain percentage per ounce and what tax they pay also. These numbers do look promising for SIGO.
At 1st link if SIGO pot is high quality then 31200 ounces times $256.48 equals $8,002,176
At 1st link if SIGO pot is medium quality then 31200 ounces times $205.43 equals $6,409,416
At 2nd link SIGO pot would be 31200 ounces times $305 equals $9,516,000
The link below has high quality marijuana at $256.48 per ounce and medium quality marijuana at $205.43 per ounce in California
http://www.priceofweed.com/prices/United-Stat...ornia.html
This link below has $305 per ounce average price in California For marijuana
https://marijuanarates.com/blog/california-marijuana-prices
I just ran some numbers for the upcoming harvest below and I also posted this message on the SIGO IHUB board. If all goes well we have a good chance to pay off Fife and get all our licenses paid off in cash.
OK everyone I have just compiled some possible numbers from the upcoming harvests from Bay 1 and Bay 2 for SIGO. From Instagram they told us estimate of 1200 plants in Bay 1 and 1400 plants in Bay 2. I researched and saw that the goal for each plant in a greenhouse grow for marijuana is 1 pound per plant. Let’s even be conservative and say 3/4 pound which would 12 ounces per plant. So you add 1200 plus 1400 and you come up with 2600 plants. If you multiply 12 ounces per plant times 2600 plants you come up with 31200 ounces of marijuana. One website I saw today has $256.48 per ounce of high quality marijuana and $205.43 per ounce of medium quality marijuana. Another website had $305 per ounce of marijuana. I have included these links below for your reference. Check the numbers below. Not sure what the status is with REI and if SIGO just sells all this marijuana to them and they get a certain percentage per ounce and what tax they pay also. These numbers do look promising for SIGO.
At 1st link if SIGO pot is high quality then 31200 ounces times $256.48 equals $8,002,176
At 1st link if SIGO pot is medium quality then 31200 ounces times $205.43 equals $6,409,416
At 2nd link SIGO pot would be 31200 ounces times $305 equals $9,516,000
The link below has high quality marijuana at $256.48 per ounce and medium quality marijuana at $205.43 per ounce in California
http://www.priceofweed.com/prices/United-Stat...ornia.html
This link below has $305 per ounce average price in California For marijuana
https://marijuanarates.com/blog/california-marijuana-prices
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