RE:RE:Interesting PR? Exactly. And it won't be long until we start fulfilling that agreement. Once the Romanian facility starts producing at full output there will be lots of $ generated from there
One thing we have to consider is the current price of isolate, particularly in the US. Last year many producers jumped on board with hopes of selling their hemp at much higher prices. They flooded the market with hemp which resulted in the current isolate pricing we see. Most, if not all, of those producers will go under due to not being able to recover their input costs or not being able to deliver due to crop failure. They took a chance and don't have the cash on hand that Stil has. I suspect we'll see a surge in isolate prices in the US this year plus the FDA getting their act together leaving a gap in CBD supply that few will be able to fill.
Though delayed to date, Stil will be demonstrating quarter over quarter increases in revenue of which some will be put back into development of their third facility in Poland. Add to that that they will be seeding 5000 ha starting in March which should result in product hitting the market in September or October. Hemp has a 90 day grow cycle.
Lots of OTC CBD based products in the works too. They haven't even begun to touch this lucrative market yet. I expect 2020 will be the year for that. And don't forget tolling revenues. The revenue stream in 2020, assuming all goes well, will be far higher than expected by most. This is one where you really have to do your DD and take the time to contact the company. And realize that this company will likely never have to go back to the table for financing. They raised the $26 mil for a reason and have a well thought out plan.