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Re: Justin510 post# 1542

Thursday, 03/02/2023 9:11:59 AM

Thursday, March 02, 2023 9:11:59 AM

Post# of 2313
Finally! Looking forward to what is next. Many of us long haulers have been expecting a big push coming. A new IR is our shot across the bow.

I like the "ready to commercialize" line.

OWP PRed the commercialization of the carbon credits in June of 2022. Developing and registering a credited project usually take 6-9 months so the timeframe would be suitable. They also said in November that they were expanding the commercialization and Isiah noted that the credits would be coming from the same sources as who they would be supplying, ie Stellantis, but also possibly other automakers as they have talked to several.

Production for the 2025 models will begin in June-July. Interesting that Stellantis shut down a substantial parts production plant last fall for the Jeep line. It was Jeep prototypes that Isiah posted pictures of with FlexNGate last year.

Just a reminder of one of my personal favorite statements from OWP...

"As we continue to scale our operations in-country, we estimate that we should generate hundreds of millions of dollars of revenue per year from the sale of our carbon credits, excluding any revenue generated from actual sales of hemp products to customers."

https://www.prnewswire.com/news-releases/isiah-international-and-one-world-products-take-next-steps-towards-commercializing-its-carbon-credit-opportunities-301564155.html

Isiah has stated his intent is for whole plant utilization. I am wondering if he didn't intentionally delay the CBD side of the business until the industrial side was ready, using the time to line up sales channels in preparation.

I think patience is about to pay off big time here.

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