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Monday, November 23, 2015 8:41:06 PM
So what? How much a farmer will be allowed to plant is completely irrelevant as to how much they will plant in the first couple of years.
As I provided in the earlier post, people within in the State of North Carolina who are "in the know" are saying that it will start small, maybe 50 acres in the first year.
With regards to the money Hemp is spending, every cent spent comes with eventual dilution.
The longer it takes to get the plant running, the greater the losses, the greater the loans, and the larger the number of Outstanding Shares. Every additional outstanding share dilutes shareholders.
There will be zero revenue from hemp or Kenaf processing in 2014, and very little in 1Q/15, if any. Maybe we'll see some in 2Q/15, but it will be underwhealming.
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