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Re: JPHilton post# 63253

Thursday, 04/16/2015 12:31:54 PM

Thursday, April 16, 2015 12:31:54 PM

Post# of 112578

Can some of you that have been here longer remind us, where was DSCR going to make the big $ from? Remind me the reason we originally got into industrial hemp and what the revenue strategy was going to be?


LOL..."revenue strategy"?? You must be joking. Seriously, I have NEVER seen them put out any revenue projections. We have seen some hemp products' selling prices and possible yields from the 160 acre harvest, but never any projected revenue numbers! The big dollars were from "processed" CBD oil which is extracted from the buds, leaves, and upper stalks. From what I recall, DSCR's conservative processed CBD yields would have generated $20-30 million dollars which DSCR would get 50%...that's what many of us were pumped about!! The JV with VPR Group was mainly to process the oil...and do it in a mobile facility that could be placed near the hemp acreage.