Friday, June 17, 2022 10:16:19 AM
Depending upon what a cannabis farm is growing, even current prices can be tens of thousands of revenue per acre. Now I'm just guessing, but if someone was just growing raw hemp and wholesaling it, versus someone like TXTM growing cannabis and extracting potent forms of oil for genuine pharmaceutical drugs, I just kinda think that the the medical based farming operation would end up yielding significantly more money per acre!
Cannabis related drugs are just in their infancy compared to traditional pharmaceuticals. But, the seeds have been sowed for the past 10 years; licenses and laws have been enacted; partnerships are being formed. It's only a matter of time, and not much time at that, IMO, that the cannabis-based pharmaceutical industry will become a huge contender. And I believe TXTM is perfectly positioned to be one of the key players!
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