If I were to be hired as CLI's spin merchant I'd likely advise CLI to formulate their harvest as follows:
Total Harvest:..................1.2 mil Lbs (evidence of CLI's expert growing ability..great potential to sell CLI ag services into CBD Hemp farms in 2020)
Wastage*.........................0.4 mil Lbs ( There's always oodles of waste on a trial farm this size & this will get us to what we really have)
Net Commercial.crop #...0.8 mil Lbs (within forecast parameters)
DL offtake.......................0.25 mil lbs. (We did the DL offtake sums on less than 30% of a forecast harvest of 900K Lbs...remember?)
Unsold balance..............0.55 mil Lbs
Jan Sales.......................0.275 mil lbs.(Likely)
Feb Sales: ....................0.275 mil Lbs (Likely)
Trimmed Flower...............4500 lbs ( sale expected before Xmas)
%CBD: ranging from 10% to 14% (what would you like?)
Yet more spin:
This positions CLI to increase its growing acreage to 1000@ acres for 2020; including 400 acres of CBD Biomass +100 acres of trimmed flower in the Oregon farm , 100 acres in Aus & 400 acres of geographically diverse CBD JVs. (All IMO only)
All spin but credable, IMO.
Cheers
MM
* Seriously though, there will likely be waste due to crop being out there in the paddock weathering in early Nov!
# Realistically that's where its at, IMO.
@There have been suggestions ranging from 1500 acres to 5000 acres!
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