Just putting speculative numbers here but if we harvest 2000kg of dry plant this year and there is a 10% CBD extraction yield there will be up to 200kg of CBD oil which will be sold somewhere -- I've read all sorts of prices that CBD oil fetches, but say it is around the $2000/kg (unrefined) this means potentially another ~$400k revenue before the end of this FY on top of the hempseed oil product wholesales.
Low costs, Outright own the farm and facilities, No debt, fully financed for stage 1, stage 1 underway now, stage 2 commercial CBD + THC crop to be planted in 2021. Already a 130% increase on hemp seed product revenue for the half yearly on last year. Expand the numbers above on a 16,000kg CBD crop. Also do some research on the THC yields & market price - I'm excited to see how the next 12-18 months unfolds. What is not to like? Am I missing something?
All of this is without what the Murray Meds acquisition brings to the table!
Seriously undervalued IMO DYOR
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Just putting speculative numbers here but if we harvest 2000kg...
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