Excellent side project! More cash flow, Croplogic team to apply their expertise & the Shephard Brothers to provide acreage and facitlities.
50/50 Split.
“CBD hemp trimmed flower is a premium product and therefore attracts a higher sale price. Prices of US$450/lb have been commonly observed by CropLogic and price ranges of between US$300 to US$600/lb being common (price variance largely due to grade, marketing and quantity).
Proceeds from the joint venture will split equally.
It is expected this venture will produce between 8,000 and 10,500 lbs of trimmed flower.”
If we assume the lowest grade trimmed flower, at 300$lb/8000lbs = 2,500,000$ US
Highest grade and 600$lb/15,000lbs =9,000,000$ US
Ann: Hemp Trial Farm Leads to CBD Trimmed Flower Joint Venture, page-2
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