$PHBI has developed hemp seedlings that substantia
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PHBI is quickly becoming a giant in the CBD industry as the result its proprietary seedling known as ""CBD Dana." The "CBD Dana" strain produces hemp that yields 14% CBD content compared to the industry's average CBD content of only 1%. Hemp farmers are demanding thousands of acres of the company's "CBD Dana" seedlings. The company is currently building a 60,000 square foot facility to meet the incredible market demand for its "CBD Dana" hemp starter plant. The company recently brought in a new partner Carpere Inc. who has agreed to supply 100,000 acres of its "CBD Dana" seedlings while the company's facility is being completed.
"CBD Dana" females yield about 196 Kg of CBD isolate per acre while industrial hemp only yields a miniscule 7Kg of CBD isolate per acre.offering hemp farmers a way of increasing revenues and profits exponentially. Pharmagreen estimates it has at least $200 million in orders for its seedlings at this time being requested from hemp farmers located all over Canada. The company recently filed an S-1 to raise $40 million USD. for the company at 2.00 a share. This capital infusion will be enough to finish its state of the art 60,000 square foot facility which is located 8 hours outside of Vancouver.
If you plant female "CBD Dana" seedlings you get a 14% CBD flower content. Biomass revenue is projected to be 3,000 lb/an acre * $200 per lb = $600,000 per acre. If you plant traditional industrial hemp seedlings with a tiny 1% CBD flower content the biomass revenue is projected at 1,500 lb/acre * $20 per lb = $30,000 per acre. There is a 20 fold increase in CBD yielded per acre while planting "CBD Dana." PHBI management is confident it can create an enormous revenue stream from its "CBD Dana" seedlings which would lead to potentially one of the largest revenue streams in the hemp market to date.
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