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Bullboard - Stock Discussion Forum Gaia Grow Corp C.GAIA

Gaia Grow Corp. is a Canada-based hemp producer company. The Company, through its wholly owned subsidiary Tru Extracts (Calgary) Ltd. (TruExtracts), is focused on developing, formulating and commercializing cannabinoid-containing end-user facing products, such as edibles, prerolls and concentrates. TruExtracts Laboratories is a cannabis and hemp processors, with an approximately 12,500 square... see more

CSE:GAIA - Post Discussion

Gaia Grow Corp > found this
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Post by filbert1 on Dec 03, 2019 11:51am

found this

posted dec 2nd on village farme international board .... " take hemp for example ,,,,, 920 acres of outdoor grow space in the southern Us is now being harvested . Yielding 4 tons per acre, total crop production will exceed 7 million lbs . Current prices are in the $30.00 to $40.00 US per lb ."No source quoted , I have know idea how acurate this is .
Gaia news release nov 26th 2019 " with 4700 bales or approx 4.2 million lbs of hemp " = approx 900 lbs per bale x 4200 bales of hemp tips =  3,750,000 lbs . At a price of $ 10.00 a pound cdan = $ 37,000,000.00  there has to be some profit in that . Gaia shows  approx  200 million shares out and a loss per share of  $ 00.01 = approx $2,000,000.00 , if you triple that to 6 million for cost of crop still $31,000,000 left over . Am I missing something ?
Comment by bullmarkets on Dec 03, 2019 11:59am
its completely different hemp. one grown for hemp hearts ( cdn ) vs one grown for CBD (USA).  i am willing to bet, that they will lose money on the cdn crop. 
Comment by optex1972 on Dec 04, 2019 4:35pm
The hemp in USA and Canada is different as it's regulated by CBD % of course and that's due to health Canada. Your so called bet of losing money how? They harvested over 1490 acreas successfully so what are they losing money against? The land, the farmer the association with Cortiva as Afro consultants is that all consultant / contract. They do not have the liability of the land or the ...more  
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