GREY:CRXPF - Post by User
Post by
420manon Mar 07, 2019 5:05pm
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Post# 29458132
The deal explained
The deal explainedMym is basically paying elite 500k up front to come plant, grow,harvest and sell cbd rich hemp on their ( Mym) land.
In exchange , they only ask 50% of harvest (minus the cost of processing and sales fees) so basically less than 50%. Which is 13 million. To me it sounds like Elite would get the other 50.
Mym - $13 000 000 ,minus cost of processing and sales , minus land ownership fees, taxes, etc
Elite -$13 500 000 ,plus cost of processing and sales fees
Basically it sounds like Elite is great and growing hemp and they just made a great deal . Materials and labour ..no overhead expenses. Basically pure profit and sounds like a good deal .
It also sounds like MYM May give crops products some exposure in three different countries markets ...which sounds like a plus as well
thoughts ?