Thankyou for that. So CLI is selling the biomass to a processor for AUD$15.5Mio.
The biomass processor then extracts the CBD and onsells the oil themselves as I suspected.
What is worth knowing moorookamick is how much cbd oil is contained in the biomass they are selling and what its market value is
It could be the biomass we are selling contains cbd oil worth AUD$30Mio or more and a processing facility may only cost a few AUD$Mio to construct
I guess im thinking a bit further down the track for better margins and economies of scale
The compliance testing in September is the big one for shareholders. Have bought but nervously waiting on those results. Dont want any high thc or pests showing up. A green light will spell big upside
Thankyou for that. So CLI is selling the biomass to a processor...
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