They said they expect 500 ton of seed by March 2018 read last announcement if they do that 3 times next year it’s 1500 ton. To be fair as well the first crop might be 500 ton but I’d expect the second and third crop to be larger again and again due to wanting to expand to meet demand.
So they have to pay sub contract farmers to grow it for them but let’s just say they make $5 per kilo on finished products.
1500 x 1000 x 5
That’s $7.5m.
I’m sure if you call the company or AK he could probably give you a ballpark on what he expects margins per kilo of seed would be.
There’s bags of hemp protein $50 a kilo.
That hemp honey is $50 a pot.
Being right through the supply chain I’d be surprised if their profit margin is only $5/kg so I’d say figures are conservative.
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