Potential $8mil minimum in revenue from trial farm assuming lower end of their production guidance for 150 acres and 180,000lbs selling at $45/lb. Hemp crops seem to take about 4 months to mature, so could be looking at production late this year. seems like close to basement prices here around 1 -1.6c and at a roughly $5mil market cap atm. looks like a bit of hold until July-October when we’ll likely find out how much hemp they’ve managed to grow
CLI Price at posting:
1.6¢ Sentiment: Hold Disclosure: Held