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Sunday, September 23, 2018 12:59:35 PM
All credit to Spinner88 on this. heading to silver! Harvest coming very very very soon + Farm bill to fully legalize hemp on a federal level + Canada to be the first country to have everything fully legalized on October 17th + Florida, New York, and many other states voting on legalization in November. Its EASY to see where this is going. Heading straight up!
"Thought that I would take the math to the end - this is based on assumptions that I found off of the internet. These assumptions or the math may be faulty so please check and try other assumptions to see the range of gross profit you might get from a 15 acre help field.
Sorry if this has already been said but an acre will yield about 8000 pounds of hemp seed. You can extract 300 gallons of oil out of that 8000# of seed. You can also sell the hemp flour that remains (6000#) as well as the remaining fiber. This is looking very good.
If I keep going with the math: the value of one gallon
Per https://buddicalife.com/how-much-does-cbd-oil-cost/
.17 ounces at a strength of 725 mg = $99
.17 ounces strength 4850mg = $ 439
1 gallon = 128 ounces
128/.17 = 752.94 bottles
At low strength = $74,541.06 per gallon
At high strength= $330,540 per gallon
300 gallons
At low strength = 22,362,300
At high strength = 99,162,000
That is just for the oil. These numbers are based the final price of oil to the end customers - not the wholesale price to companies. I couldn’t find those numbers. If someone knows those numbers, please post the corrected numbers. I imagine the markup could be 300%
Given that assumption of. 300% markup for the end product
24,847 per gallon low strength - 7,454,100 for 300 gallons
110,180 per gallon High strength 33,054,000 for 300 gallons
That doesn’t take into consideration the additional profit from also selling the hemp flour and fiber.
Took some of the assumptions (seed per acre, oil per seed, other products from hemp)
http://www.fibrealternatives.com/hemp%20is%20the%20ultimate%20cash%20crop_byWmConde.pdf
For the price of oil
https://buddicalife.com/how-much-does-cbd-oil-cost/"
Trust charts because charts do not lie
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