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RealDutch

02/13/21 5:18 AM

#5158 RE: Petrejus #5157

The Hemp/CBD stuff alone is Mega

From the website

At present, our company is extracting and developing CBD and other related products



No Chit.

This from an older PR

http://www.yashenggroup.com/pdf/Yasheng%20Group%20Joint%20Venture%20with%20Inner%20Mongolia%20Meng%20Yuan%20Agriculture%20Company.pdf

The first year expected planting area is approximately 5,000 acres, second year is 10,000 acres, and the third year is 30,000 acres.



This from the 2015 10-k.
They did in fact plant 3,300 acres the first year

Approximately 20,000 mu of hemp were planted in 2014, and in 2015 the planned cultivated area of hemp will be the same.



And then you should read this

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156269534&txt2find=cbd

This is truly amazing.

The farmer generates $112,000 per acre in revenue.

The CBD processor then sells it for $147,000 per acre ($369,000 per hectare). Conservatively. Prices have already come down substantially. So the farmer is probably making only half of that $112,000 now.

At the retail level it sells for up to $25 per gram or $25,000 per kilo = $1.25 million per acre. Probably not anymore.

$50,000 ---> $150,000 ----> $400,000 per acre

HERB could be making money 3x down the whole chain. They do everything, right?



I haven't followed the Marijuana hype out there lately. But we should definitely get some. Geez. This is what I was telling Snow recently.