RE:RE:Revised Revenue Potential Calculation Breakdown 2019bucks10 wrote: Thanks for quickly crunching numbers. Only one area to point out, it looks like they wont be getting $200 per pound for hemp flower. In the offtake agreement they have for 2019, the bulk hemp flower price is in the $35-55 range. So revenue for the Nevada hemp farm will be significantly lower then that.
Having said that, the revenues will still be huge, warrenting a much higher market cap then we currently have.
Yes, that is just for that one particular deal. Prices of sales will vary, depending on the off take agreement size. But yes- even at the lowest spectrum of the scale, being $55/ LB, they would be proving roughly 73 million with just their Nevada site alone.
(1,340 acres X 1,000 LB/Acre X $55 / LB = $73,700,000)