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Another good article.
Apparently, only NC farmers don't like Hemp?
A very good article by the Washington post.
We are all entitled to our opinions. I've seen to many sector runs and even companies in less than favorable conditions,during these sector runs, succeed. IMO.
We will find out soon, whom is right.
To much money in that ticker symbol, IMO.
I understand what you're saying. I believe the same. Once pandora's box is opened by the DEA, HEMP, along with the rest of this sector will take off, IMO.
Did you follow the link that I supplied with my post?
I didn't write that piece. I at least supply verifiable fact with my posts. I'm still awaiting yours. Care to support a majority of the claims you make on here?
The agriculture and marketing resource center, this article was posted in July of last year. Here's an excerpt and the link.
http://www.agmrc.org/commodities-products/fiber/industrial-hemp/
"Prices
Industrial hemp seed costs up to $1.23/lb. In 2011 prices averaged between $.90 and $1.00.
Financials
Based on most recent production and price averages, the estimated value of hemp per acre is $21,000 from seeds and $12,500 from stalks.
Sources
Canadian Hemp Trade Alliance (CHTA).
European Industrial Hemp Association (EIHA).
Hemp: A New Crop with New Uses for North America, Ernest Small and David Marcus, 2002.
Hemp as an Agricultural Commodity, Congressional Research Service, 2013.
Hemp Industries Association - Association working to change regulations and policies prohibiting the use of hemp for commercial purposes.
Industrial Hemp, Agriculture and Agri-Food Canada, Ontario, Canada.
Industrial Hemp Production in Canada, Alberta Agriculture and Rural Development, 2012.
Industrial Hemp Statistics, Statistics Canada, Agriculture and Agri-Food Canada, 2008.
National Hemp Association, Industrial Hemp Information."
I would like to add that, the price per acre is finished product not the raw product.
This should give you an idea what HEMP inc is capable of making, per acre, from the HEMP fiber alone.
$12,500 x 100 acres = $1,250,000.
That seems profitable.
I haven't seen this link posted on here yet. If it has been posted, just remove my post.I found it interesting.
http://www.nchemp.org/
Great Article about the Hemp industry. Titled "Industrial hemp gaining traction in agriculture industry"
I found this part of the article, most interesting.
"Farmers in Colorado say their product would be cheaper, but they face a shortage of hemp processing equipment in the state, like a decorticator to strip the outer layers and stalks from the hemp.
Both Trojan and Sullivan said for the Colorado hemp industry to grow and thrive, more processing companies and facilities need to move in. That way, when hemp is harvested, it can be processed into fiber, seed, oil, flour or any of the plant's other uses."
http://www.denverpost.com/news/ci_29774921/industrial-hemp-gaining-traction-agriculture-industry
Also, from the CRS report that I believe does support my case.
Estimated Retail Market.
This report doesn't even comment on the other potential segments of the Hemp sector. They don't include for bio-fuels, construction, paper and manufacturing, etc.
This is a clear indication on the potential growth of the Hemp crop which, could be much larger than they're able to report on at this time.
It's hard to deny the indicators that are pointing to Hemp being federally declassified soon, IMO.
"25. Hemp Decorticator – November Update"
Around the 3:10 mark, if I remember right.
http://hempinc.com/blog/videos/
If Hemp is reclassified, in my opinion soon, then Hemp becomes an agricultural crop. The laws on the books of all the states will change to reflect this. Then the barriers you speak of now, will have no impact on Hemp the crop or HEMP inc when, the change happens.
Indicators are pointing strongly to this concept.
http://fortune.com/2016/04/22/dea-medical-marijuana/
I don't believe NC's Hemp law inhibits HEMP inc ability to process Hemp, does it? It just delays the growing of Hemp crops,in NC, until the commission is formed, correct? If Hemp the crop is De-scheduled before then, that changes everything, IMO.
As I have stated, it's the big picture I'm interested in, the long term.
Interesting Link.
http://hempinc.com/wp-content/uploads/2016/04/Hemp-Agricultural-report-2016-.pdf
Hey, I guess we can agree then GALIM, because, I'm not interested about your thoughts of the future of the Hemp crops being grown in this country or the future of this company.
Doesn't HEMP inc's future forecast depend on Hemp the crops future?
Isn't that why HEMP inc is building a decortinator facility to process Hemp?
My analysis involves the future of the HEMP ticker symbol and Hemp being De-scheduled. IMO this will be happening this year or next.
I'm not concerned about the short term out look.
My research indicates that HEMP will be Federally legal this year or next year for sure, IMO.
I will not make an r/s prediction. Indicators are not pointing in that direction.
When I worked for the agriculture industry, many moon's ago, they would ship their products by trucks, to the processing facility.
I believe the fact that HEMP is building a HEMP Processing factory is how HEMP would be involved in the Hemp industry. I don't know of any other HEMP decortinator facilty that is capable of processing HEMP in the US. Do you?
I search the internet. I will share some links that show the multiple products that can be made from Hemp and other links that give Hemp's economic forecasts. I usually don't do others DD for them, I don't mind helping you out this time, if you're unable to locate this information.
Here's a link.
http://www.counterpunch.org/2016/03/29/hemp-cannabis-and-marijuana-whats-the-difference/
http://www.sidneyherald.com/news/agriculture/hemp-crop-offers-exciting-new-economic-opportunities-for-mondak/article_176ddd26-b724-11e5-8788-d3e53721da32.html
http://wfhb.org/news/purdue-university-researchers-see-hemp-as-a-crop-with-great-economic-potential/
http://www.salon.com/2013/02/16/politicians_are_pushing_to_bring_back_the_hemp_partner/
Plus much more. I posted what I found in just a couple of minutes of searching. GLTU
It's a good thing that Hemp bought the equipment in the BK.
Hemp plans on using the Decortinator equipment to process Hemp, in the very near future. Hemp's economic forecast looks to be one of profitability, in the US, once again, just as soon as, Hemp is De-scheduled on the fed level and this will happen sooner than later, In my honest opinion.
The short term for Hemp is Debt. That will change and it will change quickly when it does, this is the Long term.
Sorry, I posted on the wrong thread. My Bad.
Nothing personal Meq.
A poster posted that they were going to verify if AG branded products were being sold in the Idaho Falls Dispensary. Did you find anything out.
Also, thank you for the confirmation on the the Calyptic of Oregon's client Antheia, Great DD. Post #233752.
I would like to say thanks Det_Robert_Thorne for clarifying Hemp's financials dead line with the otc. I might not agree with your over- all analysis of Hemp inc but, you try to keep it interesting.
As you have said before. Hemp has a terrific ticker symbol.
The in-depth research analysis is very simple, after that.
Yep, I was just responding to this.
Apparently, AG is selling product. Post #231090
Kinda hard to dispute pictures. This is from Oregon. Calyptic is in Oregon and supplies Oregon Dispensaries with pre rolls. Obviously, AG is selling product, as they have stated.
"As promised! <--- MUST READ
I went to Antheia dispensary today in Grants pass, Oregon and smack dab right in your face when you walk in! Yup, you guessed it! American Green pre-rolled joints in a huge glass jug. I told him why I was there and he showed me what they had. Very impressed with the packaging and freshness when opened. They use a Boveda humidity control packet in each pre-roll. Very unique and makes the herb quite moist, in a good way. I purchased the Pineapple... (actually 4 of them. lol)He told me everyone loves them and they have sold out before.... Actually he said they have reordered multiple times!!! and will keep as long as public demands. Super excited! Go ERBB!! "
I believe the extension for filing the annual fins is longer than 15 days?
I would verify, but, unable to at the moment.
We each have are own opinions. We will need to wait and see who's opinion is correct. If I'm wrong, oh well, I made the decision to invest in ERBB. No One twisted my arm, and I didn't invest more than I could afford to lose. In my case though, I have already succeeded with this stock many times over, my original investment.
GLTU
Of course you will not find anything on AG having or trying to apply for a dispensary license. They're on the OTC it's a Federal violation for AG, at this time, to even consider obtaining an license for a dispensary.
AG is building a grow facility for an dispensary owner who will have an MJ license.
AG is the financier, management and American Green Branding. Not owning dispensaries, yet.
Well
I couldn't have said it any better RF. There always seems to be some ERBB conspiracy that always turns out to be false, every week it seems. I can hardly wait until next weeks AG drama.LOL. Have a Great Week End
I have, I posted this yesterday. post# 233522.
You did read what you posted didn't you? I will show you.
"I made calls based on this 2 month old PR from American Green:"
That would be the Feb 17th 2016 pr he speaks of, that lists 8 Colorado Dispensaries and 2 Oregon Dispensaries, that equals 10.
"To my utter shock and disbelief, only 1 of the 11 dispensaries I called had even heard of American Green but the other 10 dispensary owners, managers or budtenders listed in that 2 month old PR had never even heard of American Green, Calyptic or the Boveda pouches."
The poster admits he called all the dispensaries on the Feb 17th 2016 PR and this is what he asked them.
"but the other 10 dispensary owners, managers or budtenders listed in that 2 month old PR had never even heard of American Green, Calyptic or the Boveda pouches."
So, once again, why would a Colorado company know anything about an Oregon company?
I will check that out tomorrow. I promise. Thanks for the
respectful response from you. I promise to give a fair analysis of what you provided, it's bed time for me now though.
Have a good night.
That pr was from Feb 17th 2016.
MM tested Herbal elements AG branded rosin, yes. It wasn't sought after at MM IMO, they don't reorder the rosin from Herbal elements, who they know.
It is now April 14th 2016, nearly 2 months have gone by. Has Miller pr'd during Feb 17th up until now suggesting any more sells to MM? I haven't seen one myself.
It doesn't sound like any one is lying. Mount Medic did test the rosin that Herbal elements sent them in an AG branded rosin package. If the people at MM don't remember the AG brand doesn't mean they didn't test it. May be there was no demand for the AG branded product in their dispensary. This is known to happen. I have frequented MJ shops in WA that carried a product then dropped it when there was no demand, and then I go to another shop where the same product is being sold and the store can't get those products on the shelves fast enough. It's called business, not Lying.
I believe there was an error in how the question was phased to MM by a poster and nothing else.
Also, if you read gailyj post
No Baloney here. You should call back and ask if they received rosin from Herbal elements to test. That would be an honest question which I have asked and the answer was Yes.
That might be true if it were not for the fact when you spoke to the Mountain Medicinal employee you had asked him specific questions,
This is what you posted.
"Just called Mountain Medicinals..Don't carry American Green branded products, specifically Prerolls! Never heard of American Green..Never heard of Calyptic..Talked with Ken..encourage deceived shareholders to give Ken a call.."
"specifically Prerolls!" Calyptic produces AG branded products for dispensaries in Oregon, not Colorado. Seems to be a misleading question.
"Never heard of American Green.."
They have heard of AG by Herbal elements for Rosin which, they admit to having tested.
"Never heard of Calyptic"" True, Mountain Medicinal in Colorado has never heard of Calyptic from Oregon. Why would you ask this person, that question?
Where's the email located? Do you have a link?