CLI Forward Fundamentals, page-178

This section photo is from the soaker irrigation system because of the plastic strips.
IMO, the plants should have doubled in mass since then with first flowering.

Earlier estimates of 900K lbs @ 10% CBD now seem conservative:

" Biomass Pricing Methodology
Hemp biomass is graded by contained CBD percentage point. Accordingly, the industry standard is buyers of hemp biomass will pay a dollar amount per CBD percentage point.Extrapolating a target CBD yield of 10% CBD the equation is as follows:
Pounds of Hemp Biomass x (CBD % points x price per CBD percentage point).Assuming a yield of 900,000 pounds biomass and price per CBD point of US$4.00 per CBD percentage this then becomes:900,000 lbs x (10 x US$4.00) = US$36,000,000.
CropLogic has observed price per CBD point as high as US$5.60. A midpoint of US$4.00 used here. CropLogic has used the conservative CBD target of 10% CBD for its internal modelling but notes the CBD potential of the genetics acquired of up to 16% CBD (in ideal growing environments)
( source: 21st May CLI ann)

IMO, due to ideal growing month of Aug & weather forecasts indication that September weather will also be ideal , the 900K lbs @ 10% CBD forecast above could be lifted to 1 mil lbs @ 12.5%.CBD
This would pan out at $50 mil USD biomass revenue or $73.5 milAUD., IMO.

If this is so, then CLI shold end up the year with at least $60 mil AUD in the till after the paying down of the loan etc which would equate to
15c/share + cash backing alone!

ALL IMO only & please do your own DD.

PS: Early October Oregon temperatures can drop close to zeroC. Does anyone have info on how that impacts CBD %age?