“In approaching biomass sales, CropLogic employs common cropping strategies including sales to a diversified buyer base. This principle avoids sale of biomass to a single buyer, mitigating default risk.CropLogic has also adopted a forward marketing percentage principle where biomass available for sale or option increases during the cropping cycle as key milestones are met. Under this policy, this Supply Agreement has been limited to less than 30% of total production estimates. More product will be released to market as compliance testing is completed in September.”
September has come and gone.
we have so far only managed to secure an offtake with a new facility. Why do we not have any for established facilities? No way would they leave it this late in the season to find hemp supply, I suspect most of them are filled already
September...CLI's home run, page-295
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