2018E |
2019E |
2020E |
2021E |
2022E |
2023E |
2024E |
2025E |
2026E |
|||
Cannabis Plantlets |
1,750,000 |
3,500,000 |
3,500,000 |
7,000,000 |
7,000,000 |
7,000,000 |
7,000,000 |
7,000,000 |
|||
Plantlets Sold |
- |
1,487,500 |
2,975,000 |
2,975,000 |
5,950,000 |
5,950,000 |
5,950,000 |
5,950,000 |
5,950,000 |
||
Price per Plantlet |
$ |
5.00
$
|
5.00
$
|
5.00
$
|
5.00
$
|
5.00
$
|
5.00
$
|
5.00
$
|
5.00
$
|
5.00 |
|
Cannabis Plantlet Revenue |
$ |
- |
$ |
7,437,500
$
14,875,000
$
14,875,000
$
29,750,000
$
29,750,000
$
29,750,000
$
29,750,000
$
29,750,000
|
|||||||
Cost per Plantlet |
$ |
1.00
$
|
1.00
$
|
1.00
$
|
1.00
$
|
1.00
$
|
1.00
$
|
1.00
$
|
1.00
$
|
1.00 |
|
Cannabis Plantlet COGS |
$ |
- |
$ |
1,487,500
$
2,975,000
$
|
2,975,000
$
|
5,950,000
$
5,950,000
$
5,950,000
$
|
5,950,000
$
|
5,950,000 |
Cannabis Dried Flower ( KG ) |
- |
700 |
2,800 |
4,900 |
4,900 |
4,900 |
4,900 |
4,900 |
4,900 |
||
Dried Flower Sales |
- |
525 |
2,100 |
3,675 |
3,675 |
3,675 |
3,675 |
3,675 |
3,675 |
||
Price per KG |
$ |
5,000
$
|
5,000
$
|
5,000
$
|
5,000
$
|
5,000
$
|
5,000
$
|
5,000
$
|
5,000
$
|
5,000 |
|
Cannabis Dried Flower Revenue |
$ |
- |
$ |
2,625,000
$
10,500,000
$
|
18,375,000
$
18,375,000
$
18,375,000
$
18,375,000
$
18,375,000
$
18,375,000
|
||||||
Cost per KG |
$ |
2,500
$
|
2,500
$
|
2,500
$
|
2,500
$
|
2,500
$
|
2,500
$
|
2,500
$
|
2,500
$
|
2,500 |
|
Cannabis Dried Flower COGS |
$ |
- |
$ |
1,312,500
$
5,250,000
$
|
9,187,500
$
|
9,187,500
$
9,187,500
$
9,187,500
$
|
9,187,500
$
|
9,187,500 |
Oil Production ( L ) |
- |
1,800 |
7,200 |
12,600 |
12,600 |
12,600 |
12,600 |
12,600 |
12,600 |
||
Oil Sales ( L ) |
- |
1,350 |
5,400 |
9,450 |
9,450 |
9,450 |
9,450 |
9,450 |
9,450 |
||
Price per L |
$ |
1,250
$
|
1,250
$
|
1,250
$
|
1,250
$
|
1,250
$
|
1,250
$
|
1,250
$
|
1,250
$
|
1,250 |
|
Oil Revenue |
$ |
- |
$ |
1,687,500
$
6,750,000
$
11,812,500
$
11,812,500
$
11,812,500
$
11,812,500
$
11,812,500
$
11,812,500
|
|||||||
Cost per L |
$ |
250
$
|
250
$
|
250
$
|
250
$
|
250
$
|
250
$
|
250
$
|
250
$
|
250 |
|
Oil COGS |
$ |
- |
$ |
337,500
$
1,350,000
$
|
2,362,500
$
|
2,362,500
$
2,362,500
$
2,362,500
$
|
2,362,500
$
|
2,362,500 |
Total Revenues |
$ |
- |
$ |
6,543,750
$
21,712,500
$
34,650,000
$
43,575,000
$
48,037,500
$
52,500,000
$
56,962,500
$
59,937,500
|
COGS |
$ |
- |
$ |
2,096,250
$
7,492,500
$
12,442,500
$
13,335,000
$
17,500,000
$
17,500,000
$
17,500,000
$
17,500,000
|
STATEMENTS OF OPERATIONS ( in C $) - YE Aug 31st |
2018E |
2019E |
2020E |
2021E |
2022E |
2023E |
2024E |
2025E |
2026E |
|
Revenue |
6,543,750 |
21,712,500 |
34,650,000 |
43,575,000 |
48,037,500 |
52,500,000 |
56,962,500 |
59,937,500 |
||
COGS |
2,096,250 |
7,492,500 |
12,442,500 |
13,335,000 |
17,500,000 |
17,500,000 |
17,500,000 |
17,500,000 |
||
Gross Profit |
- |
4,447,500 |
14,220,000 |
22,207,500 |
30,240,000 |
30,537,500 |
35,000,000 |
39,462,500 |
42,437,500 |
EXPENSES SG & A Expense |
965,784 |
1,666,039 |
5,528,003 |
8,821,890 |
11,094,195 |
12,230,348 |
13,366,500 |
14,502,653 |
15,260,088 |
|
EBITDA |
( 965,784 ) 2,781,461 |
8,691,998 |
13,385,610 |
19,145,805 |
18,307,153 |
21,633,500 |
24,959,848 |
27,177,413 |
Depreciation |
164,000 |
719,950 |
1,210,768 |
1,167,226 |
1,186,060 |
1,204,173 |
1,221,622 |
1,238,464 |
|
EBIT |
( 965,784 ) 2,617,461 |
7,972,048 |
12,174,843 |
17,978,579 |
17,121,092 |
20,429,327 |
23,738,226 |
25,938,949 |
Financing Costs |
|||||||||
EBT |
( 965,784 ) 2,617,461 |
7,972,048 |
12,174,843 |
17,978,579 |
17,121,092 |
20,429,327 |
23,738,226 |
25,938,949 |
Non-Recurring Expenses |
-4,413 |
||||||||
Taxes |
680,540 |
2,072,732 |
3,165,459 |
4,674,431 |
4,451,484 |
5,311,625 |
6,171,939 |
6,744,127 |
|
Net Profit ( Loss ) |
( 961,371 ) 1,936,921 |
5,899,315 |
9,009,383 |
13,304,149 |
12,669,608 |
15,117,702 |
17,566,287 |
19,194,822 |
|
Source : FRC |
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