Business
Enviro-Serv, Inc. (EVSV) Announces Successful Proof of Concept Wisconsin Hemp Farming Initiative and Has Obtained Wisconsin Dept. of Agriculture Fit for Commerce Certificates for All Four Hemp Strains
Enviro-Serv, Inc. (EVSV) Announces Successful Proof of Concept Wisconsin Hemp Farming Initiative and Has Obtained Wisconsin Dept. of Agriculture Fit for Commerce Certificates for All Four Hemp Strains.
About this update from Enviro-serv, Inc.
[{"type":"text","content":"\n TAMPA, FL, Nov. 20, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Enviro-Serv, Inc. (USOTC: EVSV) (“EVSV”) is pleased and extremely excited to announce that of late last week and commencing in May 2019, the company has successfully grown, harvested, dried and shucked, and securely stored its entire hemp crop located in Beaver Dam, Wisconsin as updated on social media throughout the growing season. Additionally, the company is pleased to announce it has achieved the distinct honor of receiving the necessary “FIT FOR COMMERCE” certificates from the Wisconsin Dept. of Agriculture which allows the legal handling, transporting and selling of the hemp biomass which had to pass rigorous and meticulous state field testing for legal THC levels which were completed in October. Chris Trina, Chairman and CEO, stated this to the investment public: “In May of this year we had a defined business plan that was meticulously executed over the last 7 months which has brought 13,000 seedlings consisting of 4 top feminine hemp strains full circle to an estimated 7,000 lbs. of high quality processed & shucked flower available for sale for the first time this year on a mass scale. We have been in close contact with 3 high quality processing partners, 2 located in Wisconsin and the other in Michigan, to assist us with whichever direction we decide to move forward with on the processing front.” Trina went on to emphasize, “The heavy lifting is now over it was a hugely daunting and exhaustive task to harvest and dry this much hemp by hand and I am extremely proud of all the men and women who made this project a success. We can now begin the many opportunities in monetizing our crop but ever so carefully as we closely monitor supply/demand and overall pricing fluctuations which are changing literally daily. We have successfully and very recently sold limited amounts of trimmed flower for prices between $170-$220 lb. to local CBD stores and wholesalers which is highly encouraging. We have quotes on hemp benchmarks exchange showing full spectrum distillate assessed prices at $2,831 per kilo as of October 2019 with prices decreasing during this harvest time frame. October Hemp benchmarks exchange also is quoting smokable flower assessed prices at around $319 per lb. but also decreasing during the harvest t...