Agreed, I give them the benefit of the doubt too. Now, they said the ground was tested so I don't think that is an issue, and it appears there is plenty of demand for oil so, it likely comes down to money and labor or both. Hemp for CBD is mostly processed by hand and, as I understand, is labor intensive. And, growing Hemp is expensive - 150 acres = 250,000 clones at $5 a clone = $1.25 million dollars. Then also, I wonder if the 10,000 sf drying barn they built was just enough for the 600 acre farm only. Remember, it was later that they secured the additional 800 acre Hemp Farm just 10 miles away. I expect they will have to build another barn on site to accommodate the additional 800 acres.
All Things Considered, we are making great progress and it is clear we need one or two years to come up to speed and even at that is only just the beginning. It has been said that the U.S. may legalize in less than 5 years and if we do, this Cannabis Mega-trend could hit a Trillion dollars worldwide. Now imagine our share of the cannabis pie if we become a leader in this cannabis industry, maybe the leader with a ticker like $IVXX... Go Global Consortium!
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