cashngrab, I did some math and got confused by the IGS anns. AND the WG Bioscience web site -
IGS Ann. 01-May-2015 (Q & A Insights)
“Winter Garden has a 15 acre farm to begin controlled and natural condition farming and production with an additional 1000 acres to expand and scale production when WG have registered the base oil, seed extract and fibre products……..”
From the Winter Garden Bioscience web site -
1 – “Winter Gardens initial revenues will be generated from the production and sale of CBD extracts such as base oils. The Company will cultivate heirloom hemp cultivars on its 20 acre farm which will allow it to produce………….
As demand increases, Winter Garden will have the ability to expand its farm from 20 to 1000 acres representing a massive increase in output capacity. ……”
2– “The Winter Garden campus includes a 15-acre farm as well as laboratory, research and production capacities. The 15-acre farm, which can be expanded to up to 1000 acres, will allow Winter Garden to produce………….”
I am confused about the size of the farm…. It just got a whole lot bigger in the IGS ann. dated 11-Aug-2015 or is it just a REALY BIG mistake? Or is just PPR earning their money?
The farm just went from acres to hectares
The following ann. is at odds with the original IGS ann. and the WG Bioscience web site
IGS Ann. 11-Aug-2015
“Harvest Revenue
In addition to the revenue derived from the registration activities referred to above, Winter Garden will also be deriving revenue from the harvesting and sales of base oils, seed extracts and fibre products. The initial 7 hectare grow out program will move within 6 months to approximately 50 hectares following completion of the IGS / Winter Garden acquisition. Winter Garden has access to over 1,000 hectares of arable land which can rapidly be deployed as the company commences commercial operations. Based on conservative estimates, and looking at base oils, seed extracts and fibre products only, WG expects to generate returns of approx. US$550,000-600,000 per hectare.
