Seems like a high number..also just to clarify the
Post# of 56324
Posted On: 10/18/2014 11:46:15 AM
Seems like a high number..also just to clarify the difference of between CBD Concentrate and Hemp seed oil:
Pharaceutical grade CBD oil concentrate is where the money is at, but this is different than hemp seed oil. CBD concentrate is made from the stalks, hemp seed oil is from the hemp seed and is cold pressed. Hemp seed oil is equivalent to how olive oil is made.
Taken from: http://bio-based.eu/news/worldwide-growth-ind...ceuticals/
"Many scientists, companies and farmers show increasing interest in the medicinal and financial value of this cannabinoid. A few numbers will show why CBD is so interesting and inspires the imagination of investors and farmers: As a by-product of industrial hemp cultivated for fibres or seeds, around 3 kg CBD per ha can be extracted from flowers, leaves and stems. The market price of pharmaceutical CBD today is between 20,000 and 30,000 €/kg. Also with relevant harvesting, drying and extraction costs, there is potential for an attractive extra profit for the farmers."
The best example to pull number is to look at DSCR who is currently near hemp harvest. Their press release from July states that their acrage of hemp should yield 500kg of CBD Concentrate.
500kg*20000 (lowball estimate) = 10,000,000$
Then there is still money to be made off seeds and by product.
It would be nice to have updates on the hemp side as well, it has tremendous potential. Not to mention that hemp tech is already positioned globally is added benefit. Would like to see it get into Pharmaceutical CBD oil concentrate.
Pharaceutical grade CBD oil concentrate is where the money is at, but this is different than hemp seed oil. CBD concentrate is made from the stalks, hemp seed oil is from the hemp seed and is cold pressed. Hemp seed oil is equivalent to how olive oil is made.
Taken from: http://bio-based.eu/news/worldwide-growth-ind...ceuticals/
"Many scientists, companies and farmers show increasing interest in the medicinal and financial value of this cannabinoid. A few numbers will show why CBD is so interesting and inspires the imagination of investors and farmers: As a by-product of industrial hemp cultivated for fibres or seeds, around 3 kg CBD per ha can be extracted from flowers, leaves and stems. The market price of pharmaceutical CBD today is between 20,000 and 30,000 €/kg. Also with relevant harvesting, drying and extraction costs, there is potential for an attractive extra profit for the farmers."
The best example to pull number is to look at DSCR who is currently near hemp harvest. Their press release from July states that their acrage of hemp should yield 500kg of CBD Concentrate.
500kg*20000 (lowball estimate) = 10,000,000$
Then there is still money to be made off seeds and by product.
It would be nice to have updates on the hemp side as well, it has tremendous potential. Not to mention that hemp tech is already positioned globally is added benefit. Would like to see it get into Pharmaceutical CBD oil concentrate.
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