Compare CBIS PR today to AZFL. CBIS is claiming
they can get 70000lbs out of 60 acres of HEMP @
$500 a pound. So 500 X 70000 = $35,000,000
That's good except CBIS already trades with a mkt cap
above $130,000,000 so even with those revs CBIS
is very richly valued.
AZFL on the other hand has a mkt cap of only $3.6M
and has 200 acres of HEMP that will be harvested in
the next couple months or 3 times what CBIS is harvesting.
So if AZFL can get anywhere close to $500 a pound
for its HEMP your talking numbers close to $100,000,000
in revs for a current $3.6M mkt cap stock.
Obviously AZFL has much more upside potential than