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Re: Kcnbcircle5 post# 117177

Friday, 03/29/2019 10:02:43 AM

Friday, March 29, 2019 10:02:43 AM

Post# of 162829
It would have to be a grow contract with farmers or farm co-op because if you tried to just rent that kind of acreage at $200 average per acre it would cost you $100 million just in land rental per year. And that is before you plant anything. They would need a massive investment in tissue cloning facilities to provide the number of clones to populate that kind of acreage. or a source for seed to be planted at a rate of 25 to 40 pounds per acre. (upwards of 20 million pounds of seed) at how many dollars per pound??? https://dev.purduehemp.org/hemp-production/

And if it could be done what do you think a half million acres of production would do to prices?