The final phase, phase four, is a $137 million investment to add another 700,000 square feet of production capacity. This portion of the project has yet to be funded and would be scheduled to go online in the spring of 2019.
It is important to note that this stock has already priced in the expected legalization of marijuana across Canada. However, these policies are not likely to be instituted until 2019, so investors will not receive the full benefits of recreational marijuana market for another 3 years.
An easy way to remember water needs for various trees is 10 gallons per inch of trunk diameter. The trunk diameter should be measured at about two feet from ground, and the general formula: tree diameter x 5 minutes= total watering time.