GREY:CRXPF - Post by User
Comment by
Irie99on Jan 09, 2019 12:42pm
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Post# 29206815
RE:RE:RE:Re read the deep dive analysis
RE:RE:RE:Re read the deep dive analysis CROP has already sold 500,000lbs a year for the next three years. From what I understand CROPs share of the entire harvest is 18.6% which is about 500,000 lbs of 2.6 million lbs. that’s from 1340 acres. Again from what I understand the additional 500 acres are not under pivot irrigation yet and may not be for the 2019 season. This is based on my reading of the deep dives CROP DD. I’m actually not sure how they came to the 18.6% number but I assume it’s from talking to management. It is a bit confusing as I also see they have a 49% share of Elite. If they actually have 49% of the hemp harvest then you can multiply the numbers I provided by 3.