Replies to post #47337 on M Line Holdings Inc (MLHC)

[Stachy]

Hemp as in cannabis with average THC of .03% or less. Most hemp I've read is ready in about 4 months, but if they are growing for fibers, and not the cannabinoids they grow the crop longer up to 5 months. Anyways it's great news for this company as 38 acres can grow a lot of cannabis.

[skidoo31]

Here’s a nifty little bit of info for you, and I like these numbers much more !!



FARM BILL > You can make $20,000, $40,000 or $50,000 an acre on hemp, depending on percentage of your CBD," said Farmtiva's Boucher. He said fiber and hemp seed crops will produce less on per-acre basis but still be "maybe twice as much as corn."


https://www.cnbc.com/amp/2018/12/07/final-farm-bill-with-hemp-legalization-could-be-voted-on-next-week.html