going by the article they are referring to net profit. They are accounting for their expenses. So you can either believe them or not. I guess you don’t believe it. Also a simple google search can explain the different types of profits for you. I’m a nice bloke so I ha e posted below.
im not the one stating the numbers it’s in the article.
https://www.google.com.au/amp/s/www.patriotsoftware.com/accounting/training/blog/gross-profit-vs-net-profit/amp/
Ann: Hemp Trial Farm Secures Supply Agreement, page-79
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