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  4. Discovery Minerals Ltd (DSCR) Message Board

https://stockwiki.org/index.php/DSCR Quote:

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Post# of 857
Posted On: 10/02/2014 11:15:19 AM
Posted By: AGY80
https://stockwiki.org/index.php/DSCR


Quote:
The company expects to be producing revenue this year from their hemp growing. VPR group will be building an on-site processing facility near AB AGRO's field in order to bring the oil to market -- which will reduce costs of shipping the goods.


"an average yield is between 600-800 lbs per acre." According to this PR, DSCR/AB AGRO intend to grow on 160 acres producing roughly 160x700 = 117,000 lbs or 53,000 kg of hemp. A typical hemp plant will produce 1% CBD, in terms of ratio.


The price of pharmaceutical CBD oil is $42,000 per kilogram. If we assume the CBD extract is 1% of total weight, we can imply that 530 kilos of CBD oil can fetch upwards of $22,260,000. Even removing out waste, failed growths, imperfect processes, and overall low CBD-to-hemp weight ratio, potential revenues should dwarf $5,000,000


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