Hemp Inc (HEMP)

[Condor65]

Potential revenues

3 Million Pounds/month = 1360000 Kg/month

We don't know the price for Spillsuck but in David Schmitt's opinion is very competitive.

Comparative link:

Enviro Drysorb - Environmental oil sorbent, for cleaning up spills

https://cyndan.com.au/en/green-range/131-enviro-drysorb-environmental-oil-sorbent-for-cleaning-up-spills.html

Price (GST Exc.) : AU$116.70 = 88 USD(15 Kg bag) = 5.86 USD/Kilo

Price (GST Exc.) : AU$103.65 =78 USD(15 Kg bag, >40bags) = 5.2 USD/Kilo



To be conservative i've considered a range of price from 2 USD/Kg to 4 USD/Kg

It means from 2.5 to 5 Millions/month in full production.

For this first stock are 50K$ to 100K$

If they are testing the market, the starting of the plant is not far.




http://www.marketwired.com/press-release/hemp-incs-processing-facility-proudly-offers-its-first-product-for-sale-otc-pink-hemp-2120576.htm


More similar products:

https://www.ecospill.com.au/shop/spill-kits/ecosweep-bioactive-absorbent-10kg/

https://www.ecospill.com.au/shop/spill-kits/ecosweep-bioactive-absorbent-2kg/

https://www.fueltankshop.co.uk/oil-gator-absorbent-granules-14kg-bag/p2280

http://www.homedepot.com/p/Incredisorb-8-Gal-Heavy-Duty-Oil-Spill-Absorbent-Powder-IPB18X24/205183315