Please refer to the announcement dated Aug 22 : Investigation of Australian Industrial Hemp Trial Farm to Commence
“We have promising hemp cultivation operations currently underway in Central Oregon, USA.” CropLogic CEOJames Cooper-Jones said, “Much of this could be attributed to CropLogic’s agronomy, farm management andagtech expertise and perhaps the superior genetics found in Oregon. As such CropLogic is now excited toinvestigate how this proprietary agronomic knowledge and Oregonian genetics may benefit the Australian andNew Zealand hemp industry.”
IMO, the CEO must be highly confident that the Oregon trial farm will succeed. Although it is in the early stage, the strategy of using trial farms as a platform to acquire more JV with local hemp growers works great to expand CLI's market share.
IMO only, investors should seek professional advice before making any investment decisions.
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