Replies to post #18515 on Sugarmade Inc (SGMD)

[remember my name]

Correction before someone has something to say ! Micropropagation systems cost about 200$ And up
They can clone about 50 plants at a time and can reproduce up to 10 plants
For each one equals 500 plants
Let's say one acre produces 10,000 plants ~500 =20.
20units per acre are needed .
If Hempistry has 23,000 acres x 20 unit = abt 460,000 units x 200$ =$96 million
96 million Is Possible over time from one cultivator .

Right now there only 6 k acres growing hemp in Kentucky .
It's a possible $25 million of new business out there .

Even if Sgmd captures 10 percent of this market from Hempistry and Kentucky . I can see Sgmd pulling in a few million or higher in A short period of time.

Microproparation could be a 1 billion industry in the next few years.


Rmn

[remember my name]

Correction before someone has something to say ! Micropropagation systems cost about 200$ And up
They can clone about 50 plants at a time and can reproduce up to 10 plants
For each one equals 500 plants
Let's say one acre produces 10,000 plants ~500 =20.
20units per acre are needed .
If Hempistry has 23,000 acres x 20 unit = abt 460,000 units x 200$ =$96 million
96 million Is Possible over time from one cultivator .

Right now there only 6 k acres growing hemp in Kentucky .
It's a possible $25 million of new business out there .

Even if Sgmd captures 10 percent of this market from Hempistry and Kentucky . I can see Sgmd pulling in a few million or higher in A short period of time.

Microproparation could be a 1 billion industry in the next few years.


Rmn

[bailosellhai]

I too have over 500k shares that say I believe in Jimmy's vision for SGMD.


Now do I believe May 15 is going to be a super catalyst? Meh. We'll see. But it'll happen in time and when it does I'll be ready.