GREY:MRRCF - Post by User
Post by
PEAACONon Oct 18, 2018 10:43am
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Post# 28826886
Great News Release
Great News ReleaseWayland Group:WAYL seems pretty undervalued - especially in consideration of the NR they just put out - "Wayland has completed its hemp harvest in Germany, harvesting 135 of the 165 hectares planted. The amount of dry hemp flowers recovered and suitable for processing into resin totaled 120,615 kg, outperforming internal forecasts by a factor of almost two. The increase in yields is attributable to proprietary and customized harvesting equipment and new drying systems, complete with automatic sorting equipment [link to video here]. A total of 3,000 kg of dried hemp flowers have been extracted to date, from which 450 kg of resin has been produced for further distillation. Analytical results demonstrate 1.01 – 1.56% of CBD from the dry flowers. Current wholesale market price for CBD distillate in Europe is 9,000 - 12,000 EUR per kg. The Company expects to maintain stock for its differentiated VESIsorb® product line available at www.mariplant.de." Thats just an excerpt - So if they can produce 450kgs of resin from 3,000 kegs of suitable flower then they should be able to produce 18,000 kegs of resin from 120,000 kgs of suitable flower - Even at the low end of the price spectrum for CBD Disttillate of $9,000 Euros - That equals $162,000,000 Euros! Check my math - And that is just one division of the company - Way undervalued - imo