OTCPK:CADMF - Post by User
Comment by
dart321on Sep 09, 2019 8:08am
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Post# 30107755
RE:Chemesis International Inc. Receives Puerto Rico Hemp Cultiv
RE:Chemesis International Inc. Receives Puerto Rico Hemp CultivNice we got the license and we have cultivated enough seed to begin planting. Planting what? 100 sq ft, 1000 sq ft, 1 acre, 10 acres or 1000 acres? Without knowing how much the company is planting it's impossible to estimate sales numbers! An acre is aprox 43,000 sq ft, it takes 4 to 6 sq ft per plant, a plant will produce 2 to 2.4 lbs of seed which will produce oil which sells for $5000 per liter or more, an acre will produce 140 to 170 liters of oil plus whatever they sell the bio mass for. Making value added product yourself will add substantial to the sales numbers. So how many acres are being planted with this first crop. A hemp crop will grow in 10 to 14 weeks depending on climate.