While twmochi's post above gives alot of subjective verbiabe & speculation , it does not give actual prices .
Here is the latest (Sept 2019) biomass benchmark prices
U.S.Region ProductsUnits:............ Assessed Price, Low, High
Biomass (0 –25k pounds)$ / %CBD / pound$3.07 $2.00 $4.72
Biomass (25k –100k pounds)$ / %CBD / pound$2.99 $1.80 $4.17
Biomass (100k –1M pounds)$ / %CBD / pound$2.74 $1.90 $3.60
Biomass (1,000,000+ pounds)$ / %CBD / pound$2.09 $1.55 $2.70
Dry Flower (Bulk)$ / pound$364 $100 $650 Clones$ each$4.47 $2.00 $8.00
Industrial Seeds$ / pound$10.85 $5.28 $18.40
CBD Seeds (Non-Feminized)$ / pound$2,450 $2,300 $2,600
CBD Seeds (Feminized)$ / seed$1.08 $0.50 $2.50
Crude Hemp Oil$ / kilo$1,737 $850 $3,689
Refined Hemp Oil$ / kilo$4,973 $1,823 $8,343
CBD Isolate$ / kilo$3,767 $2,300 $6,000
(source: hempbenchmarks.com)
From the above chart, CLI would fall into the 100K-1 mil lbs category which is:
-(a)assessed price:..............$2.74 USD/%/CBD
-(b)low..................................$1.90 USD/%/CBD
-(c) high................................$3.60 USD/%/CBD
Now let's suppose that CLI has 900K dried biomass @ 14% average CBD, then we have the following biomass revenues:
(a) $51 mil AUD
(b) $35 mil AUD
(c) $66 mil AUD
Even the lowest is over $10 mil AUD bigger than our current Mkt Cap!
All IMO only
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