Sunday, May 22, 2016 11:33:17 PM
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.
VAYK Confirms Insider Buying at Open Market • VAYK • Nov 5, 2024 10:40 AM
Rainmaker Worldwide Inc. Announces Strategic Partnership Between Miranda Water Technologies and Fleming College • RAKR • Nov 4, 2024 12:03 PM
North Bay Resources Announces Assays up to 9.5% Copper at Murex Copper Project, British Columbia • NBRI • Nov 4, 2024 9:00 AM
Rainmaker Worldwide Inc. to Assume Direct, Non-Dealer Sales of Miranda Water Technologies in U.S. and Mexico in First Quarter of 2025 • RAKR • Nov 4, 2024 8:31 AM
CBD Life Sciences Inc. (CBDL) Launches High-Demand Mushroom Gummy Line for Targeted Wellness Needs, Tapping into a Booming $20 Billion Market • CBDL • Oct 31, 2024 8:00 AM
Nerds On Site Announces Q1 Growth and New Initiatives for the Remainder of 2024 • NOSUF • Oct 31, 2024 7:01 AM