GREY:CRXPF - Post by User
Comment by
Irie99on Jan 09, 2019 4:32pm
92 Views
Post# 29208764
RE:RE:RE:RE:RE:RE:RE:Re read the deep dive analysis
RE:RE:RE:RE:RE:RE:RE:Re read the deep dive analysis Here’s a more realistic calculation of the 2018 hemp harvest. A rough/conservative estimate is 50 lbs of isolate per acre of hemp. (Since we are growing high cbd hemp, not Industrial hemp, I think this number could be higher). That’s 50 x 240 acres =12000 lbs of CBD isolate. Isolate is currently going for about $7500 per kilo x 5440 kgs (12000 lbs)= $40,800,000 usd. I think that’s a conservative estimate of last years hemp to CBD isolate. If we get 49% that 20mil usd.