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Posted On: 12/04/2018 2:29:11 PM
Post# of 969
Oddly enough, it seems the closer a normalized marijuana industry becomes a reality, the more realistic investors become on their prospects for hitting that jackpot. As it becomes another commodity crop, the euphoria settles into a more mature view.
I was a bit disappointed in hearing the $$$ involved for biomass put at $3 to $4 dollars a pound. Apparently, the money is in extracted, refined CBD oil? What does that sell for; quite a bit more I would hope. If so, that's where MCOA needs to position themselves.
I pay $4.00/lb for hothouse tomatoes, for Christ sake.
I was a bit disappointed in hearing the $$$ involved for biomass put at $3 to $4 dollars a pound. Apparently, the money is in extracted, refined CBD oil? What does that sell for; quite a bit more I would hope. If so, that's where MCOA needs to position themselves.
I pay $4.00/lb for hothouse tomatoes, for Christ sake.
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