Ann: Planting commenced at 500 acre CBD producing Trial Hemp Farm, page-29

based off the prices for the hemp biomass and the expected crop size as per our acreage we are looking at significant revenues but it’s going to depend on the cost per LB to produce.

with the recent debt funding package they believe they are fully funded with cash and funding totalling $9 million AUD. They are basing their numbers in their announcements off 900,000 lbs of hemp biomass and a sale price of $4 usd per lbs so they are under the expectations that it will cost roughly 70 cents USD per lbs operating cost to produce 1 pound of hemp biomass. That’s some solid margins. Let’s see if they can do it. It all sounds amazing which is why I hold a solid parcel.