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Tuesday, January 28, 2020 10:40:54 PM
If at first you don't succeed try and try again. I like the fact that we're going to get back on that horse because the hemp CBD oil numbers were pretty damn good! If you remember the 15-acre test planting we did was supposed to yield $4 million dollars, providing the plants were mature, loaded with CBD, and we extracted the oil ourselves!
So, If we plant just 150 acres this fall and yields the same at $4 million X 10 = $40 million dollars. Then, if Global keeps half of that it would be $20 million dollars. Even if they only keep a quarter, still, that's $10 million dollars!
Bottom line, and just speculating here, if we plant 1,500 acres next spring, like was planned in Colorado, that's $10 million X 10 = $100 million dollars, even if our margin is just 25%, and, $200 million dollars if we plant a second crop in the fall, woohoo! Go Matt, go Tom wherever you are, go $GCGX...
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