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Re: Gailm post# 65132

Sunday, 05/22/2016 11:33:17 PM

Sunday, May 22, 2016 11:33:17 PM

Post# of 122042
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.