$PHBI filed an S-1 to raise $40 million USD. for t
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Posted On: 11/22/2019 1:00:19 PM
$PHBI 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
#PHBI https://privateequitymarkets.us/newsletter/ph...s-industry
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
#PHBI https://privateequitymarkets.us/newsletter/ph...s-industry
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