Replies to post #50071 on GreenGro Technologies Inc (GRNH)

[Edward]

In addition, the PR stated the seeds could add at least $2 million to the bottom line. Which means hypothetically means if GreenGro makes a 30% net profit after cost of revenues, all other operating expenses, and taxes, GreenGro will have to sell at least $7 million in seeds the first full year. Yeah right.Obviously investors aren't buying it.

[Floppyplants]

What I can say, is that hemp seed was/is extremely rare in 2019, with seeds going for $1-$2 per feminized, autoflowering varieties. After this years seed harvest though, prices will definitely come down a bit.

Like you said, a lot of cultivars are unproven. Yes, they will harvest seeds by October, but then they need to plant a huge test field to ensure stability and reliability. So probably no sales this year, unless someone wants to pay them for untested cultivars.