Mick explanation, good to read.
These articles do not tell it all, IMO. I do not have the auction listing stating quantities, CBD%, THC% etc.
Do others have this info?
I requested the 'Remainder" auction lots listings including CBD & THC for Thursday's "Remainants" auction but as of yet I've had no reply.
I'll let you know if I get a resonse.
Homebrew mentions lots of 7% to 8% CBD which, by my post above on current tolling deals ,
would virtually render this grade of CBD valueless to at least toll processors while offers of 14%+
CBD biomass remain whether that be outright sales or 50/50 tolling, IMO.
There is a bottleneck in processing capacity & at present processors are calling the shot . For this reason there will be a queue to the market
with the highest grades at the top of the queue, IMO.
We simply have to wait until CLI's ann of total CBD hemp harvest& CBD %ages for the respective strains
& which strain is being supplied to DL to see where we're placed in the queue.
IMO, DL has hit the ground running with its $2 mil processing plant investment which , IMO, should clear its construction costs within months.
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