2019 updated CALCULATIONS for CBD business.30 Jul 2019 19:55
Now Dry Facts for current 2019 year only based on data provided by the company:
''Zoetic's core asset is the 33,000 square foot state of the art indoor growing facility which can grow up to 10,000 hemp plants per harvest and with at least three harvests per year.''
30,000 hemp plants from greenhouse (it is total from 3 harvests combined and it might be more as a minimum of 3 harvests per year is anticipated).
''Highlands will target a yield of 12 grams of CBD per indoor plant.''
''In addition, we are growing hemp outside in two fields of 16 acres in total, planted at around 2,500 hemp plants per acre.''
16 x 2500 = 40,000? hemp plants
40,000 hemp plants from outside greenhouse (just from 1 harvest - annually only one harvest possible outdoors),
''We are targeting a yield of 30 grams of CBD per outdoor plant. Estimated wholesale prices are currently at around $3 per gram although, for CBD used in our own retail products, the value to Zoetic will be many times this.''
Estimated wholesale prices are $3 per gram of CBD.
WHOLESALE:
30,000 x 12 = 360,000? (grams of CBD) x $3 = $1,080,000?
40,000 x 30 = 1,200,000(grams of CBD) x $3 = $3,600,000?
TOTAL INCOME: $4,680,000?
Now the BEST CASE SCENARIO FOR THIS YEAR 2019 ONLY:
'''Estimated wholesale prices are $3 per gram although the *****Board believes sales made direct to retail channels could be at a premium of over ***** 5 TIMES THIS******or more'''
DIRECT SALES (US & UK shops + 2 x websites + leafyquick.com):
$4,680,000? x 5 = $23,400,000? - TOTAL INCOME
THIS YEAR 2019 ONLY from the BEST CASE SCENARIO (5 x $3 per gram of CBD and it might be more)
Some people here really don't understand how important is that Cannabis Trial ended with ''surpassing expectations'' + Organic Certificate was granted. We've been waiting for these MASSIVE and GAME CHANGING news for many months.
HNR were just looking for land with normal Nitrogen for their DTU project and they have found a gold mine instead ;)
Organic Nitrogen/Hydrogen - this is something totally unexpected - a gift from the Heavens for HNR :)
Thanks to that success now we have a new lucrative business.
After seeing these numbers can you still trust misleading derampers here on this board?
Are you still going to believe them them when they suggest that things are bad?
The future for HNR is bright.