RE:RE:RE:RE:RE:Check out Sept updated presentation This cimpany is undervalued right now, just look at the NR on june 24. i
The genetics selected (BaOx and Cherry BaOX) have a THC content <0.3% and a CBD content >15%.
It is estimated that the 240 acre pivots will yield 240,000 pounds of hemp flower.
Cost of production is not expected to exceed $700,000 USD.
The first harvest is expected in early Q4 this year.
Nevada hemp growers surveyed by Marijuana Business Daily report that the market is fetching:
- $200 or more per pound for flower, depending on CBD content and quality
- Approximately $10 per pound of food-grade seed, or $45 per gallon for seed oil
- Approximately $200 per ton of baled fiber
- Approximately $10,000 per Kg of CBD isolate
This means they could make up to 25 mil rounding down from that crop alone.