number don't lie..HUGE potential planting up to 25K acres.so i wanted to see the potential of this planned up coming planting up to 25 thousand acres. Now i know they will split the crops up for different uses but... lets just play with numbers and see what if...
now if they just plant for seeds only, ( after a quick look on google, i found in september 2014, if you have an acre of hemp and you produced 600 pounds of seed, it would get you $12784 ) . simple math shows you the potential. now of course their will be variations and factors but it gives you an idea what can be made, plus or minus.
600 pounds times X 25K acres = 15,000,000 pounds
$12784 ( per 600 pounds ) / 600 pounds = $21.3066 or $21.31 per pound
15,000,000 (pounds) X $21.31 (per pound) = $319,650,000
and you can harvest hemp up to i think 3 times a year ( let me know if thats wrong )
now those numbers add up real fast, but the market has to be there for those numbers to be reached. I believe the market will come and it will be bigger. now from the latest videos on facebook, i seen one where he talked about doubling acres planted every year till he gets to his goal or mark. now again crunch numbers and you will see $$$$$. in time this will all play out very nicely. just need more exposure and acceptance from the market. I believe this year will be good for shareholders and myself.
This is my opinion and thoughts about this company.
let me know what your opinion is on this company, share inofrmation and lets all get rich $$$