I haven't followed a lot of the hype in the pot market so am unsure if the details in this and previous announcement are realistic on returns , volume and prices.?
Statements like this are concerning where it is dependent on market price so we don't know base cost and split at lower prices?
"Under the terms of the Collaboration and Licensing Agreement, AEB's share of the revenue from this crop and future crops is 75%. Based on current market pricing for cannabis oil, seed extracts and fibre products, revenue from this first crop is expected to be between US$6m-US$8m (AEB’s share: US$4.5m-US$6m) from product sales."
Why would a established firm and producer require more supplementary equipment?
Are the seeds from this hybrid viable? Only enough for 100 acres so do they need to plant a seed crop as well ?
I love this one so I had to quote it"Algae. Tec is now on the brink of revenue generation"
We are talking 200m square is 10 acres.
Now using same invest relations as MMJ?
http://www.sixdegreesmedia.com.au/
Ann: Planting of First Cannabis Crop in Uruguay Underway, page-3
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