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Wednesday, April 10, 2019 10:39:05 AM
"Therefore, CROP’s 217,724kg from the 240 acres already in rotation, could feasibly be concentrated down to 29,674kg of CBD isolate— Keeping in mind also that CROP just boosted their footprint to over 1000 acres. But the biggest key for CROP will be developing a state-of-the-art extraction facility which it states is the next phase of development.
The current price for CBD isolate is somewhere between US$5,000 and US$6,500 per kilogram. CROP’s cost of production is not expected to exceed $700,000, and the first harvest is expected in early Q4 this year. By upgrading of value of the 15% CBD hemp, to +99.0% CBD isolate CROP has the potential to upgrade its 217,724 kg growing potential to a whopping $193 million annual earning potential."
https://www.baystreet.ca/articles/stockstowatch/47128/Beverage-Giants-Continue-to-Spark-Major-Interest-in-Partnering-on-New-Cannabis-Infused-Drinks
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