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Re: Destroyer67 post# 9050

Friday, 09/21/2018 11:57:11 AM

Friday, September 21, 2018 11:57:11 AM

Post# of 29669
Yes, hemp can be imported here to he USA. But, it does not make financial sense for FRLF to import one kilo until all European sales potential has been exhausted. Only reason I could see is if there was more bang for the buck importing to manufacture in-house CBD products. If not, all that can be sold in Europe should stay there.

From the 7/18 press release:

CEO Cliff Perry comments, “In Europe, the flower commands a much higher price than it does here in the USA. Hemp cigarettes have been considered a healthy alternative to tobacco cigarettes and have been smoked there for a number of years. This and other uses of the hemp flower created a larger demand in Europe than the USA. The indoor quality hemp, such as that grown in our greenhouse facility, demands a price of upward to €1,250 a kilo. It is expected that we will harvest 2,000 kilos which can possibly bring in €850,000 to as much as €2,000,000.”

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