Hemp Inc (HEMP)

[Gailm]

You are ALMOST ready for trurth , ANOTHER week or so

Last week she touched the 1's that s coming again, soon

The excuses ala BRUCE as to the immature (late planted) crop.

The low yeild almost negligible CBD oil concentration in IMMATURE plants--OOP'S can't sell any, aw what a shame LOL!

Prices crashing,..... I mean CRASHING!

No Decorticator.

Just revealed NO LCM patent, ASTM ( gee haven;'t I said that for years.?) OBTW patent WON'T issue too much in the public domain due to the US NAVY research--Aw what a shame. Nice PROP though for unwitting investors.

Start with this:

Marijuana Business Daily
Hemp State Highlight: North Carolina puts out big welcome mat for hemp industry October 6, 2017

Market considerations

Though prices vary by state and there is no official tracking of hemp commodity prices by any standard exchange, North Carolina hemp growers report the market is fetching:

About $20-$30 per pound of dried flowers or buds for use in CBD extraction, more if the plant CBD content is high. Yields are highly variable, but a healthy hemp plant can yield about a pound of such material.
Less than $1 per pound for seeds to be eaten as food products.
About 10 cents a pound for stalks to be turned into fiber
About 10 cents a pound for seeds intended to be pressed for seed oil.

“The strongest market right now is for hemp floral material. Realistically right now there’s no market for fiber,” said Scott Propheter, CEO of Criticality, a hemp processor in northeastern North Carolina.

Growing pains

North Carolina’s first year wasn’t without any glitches – some natural and some manmade.

“We lost some acres due to heavy rains,” said Burt Eure, who is working on developing hemp seeds at his White Hat Seed Farm in Hartford, in northeastern North Carolina. “The jury’s still out trying to find the variety that’s going to work for us.”

Some growers were also plagued by “weed control issues and pest issues,” damaging their entire first hemp crop, said Sandy Stewart, Research Stations Director for the North Carolina Department of Agriculture and vice chairman of the N.C. Industrial Hemp Commission.

In addition, North Carolina saw isolated thefts from hemp fields, likely from folks who confused hemp with marijuana. Sheriff’s officers in Edgecombe County stepped up patrols of area hemp farms after they arrested five people in September on charges of trespassing or theft.