of similarly situated land in August 2018, the estimated production of hemp from Alliances proposed parcel is 120,000 pounds per harvest with a CBD level of 10%-19%. This represents potential revenue of over $26 million, of which Alliance will be entitled to 50% less processing and sales fees.
How our agreement will be different is that we would partner with Elite on growing the CBD-rich proprietary hemp strain, CBD Dana that is available to us through one of our Canadian strategic partners. With CBD Dana we will be planting disease free, genetically perfect tissue culture, female only plantlets as opposed to seed, thus requiring approximatey only 20 40 acres to achieve the same revenue potential.
Cheers. With cannabis being commoditized … what is Alliance’s advantage to ensure profitability and shareholder value?
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