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Friday, February 01, 2019 9:28:16 AM
-You said this in your post :
‘Hemp is on the industrial side not the Medical or Recreational (consumption)side.
Know the difference. Hemp is way less valuable because you cant get high’
Couldnt be further from da’ truth...here’s the article:
SPRINGFIELD, Ore. (AP) — A glut of legal marijuana is driving Oregon pot prices to rock-bottom levels, prompting some nervous growers to start pivoting to another type of cannabis to make ends meet — one that doesn't come with a high.
Applications for state licenses to grow hemp — marijuana's non-intoxicating cousin — have increased more than twentyfold since 2015, making Oregon No. 2 behind Colorado among the 19 states with active hemp cultivation. The rapidly evolving market comes amid skyrocketing demand for a hemp-derived extract called cannabidiol, or CBD, seen by many as a health aid.
In its purified distilled form, CBD oil commands thousands of dollars per kilogram, and farmers can make more than $100,000 an acre growing hemp plants to produce it. That distillate can also be converted into a crystallized form or powder.
https://www.usnews.com/news/best-states/oregon/articles/2018-05-14/marijuana-growers-diversify-with-hemp-amid-cbd-boom
...this then makes NNRX and the Hemp/CBD companies we see on their websites they merged with:
https://genone12agricultural.com
https://biomassfutures.com
https://hiddenriverhemp.com
-a most valuable, extremely valuable, HEMP and CBD oil company yessssss! ORGANIC too even more valuable.....and how many acres? Even 1,000 Hemp acres for CBD oil would be hundred million - but they have access so far to 12,000 acres!
And this is subpenny lol...i dont think for long.
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