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Sunday, 06/09/2019 5:34:06 PM

Sunday, June 09, 2019 5:34:06 PM

Post# of 1524
Cane, first as to valuation. 60k per bulk hemp crop is industry average and 100k processed by the company also an industry average. Per recent filings we have the ability to process the harvested 200 acre crop plus extra capacity for additional revenue. To my knowledge we do not have cbd oil extraction ability at this time. Outsourcing if cost effective and if quality standards are met may not require owning our own facility and equipment. We per filings do not own any land but are leasing. The question I will have for management when I speak to them this week is what are our lease terms and what is our ability to increase production in 2020, How many acres up from the current 200 acres? As for distribution deals, I expect announcements later in Oct-Jan 2020 when the cbd oil is available and the quality can be verified. Remember cbd oil has a 1 to 2 year shelf life. We want all the product to be sold annually. Finally, institutions investing will be limited to hedge funds until wirehouses and ETF's, and mutual funds can buy. Despite the recent passage of the Farm Bill, most institutions cannot determine the difference between hemp/cbd oil companies and cannabis companies. When they do, the pps will imo soar. Of course revenues and profits help also, lol. GLTU
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