1
0:00:00
0:00:05
Welcome to this presentation on industrial hemp.
2
0:00:06
0:00:07
I'm gonna take you on a journey
3
0:00:08
0:00:12
that shows the remarkable impact
4
0:00:12
0:00:15
that industrial hemp and cannabis
5
0:00:15
0:00:18
and all elements of the cannabis plant
6
0:00:18
0:00:23
can have on every country.
7
0:00:23
0:00:26
And that includes medicinal cannabis,
8
0:00:26
0:00:29
that includes industrial cannabis.
9
0:00:29
0:00:32
And so the word hemp means cannabis.
10
0:00:32
0:00:34
When I use the word cannabis,
11
0:00:34
0:00:36
it does not mean medicinal cannabis
12
0:00:36
0:00:38
or recreational cannabis.
13
0:00:40
0:00:42
I will share my screen.
14
0:00:52
0:00:56
I'm the Chief Executive Officer
15
0:00:56
0:00:57
and International Marketing Director
16
0:00:57
0:01:00
of Textile and Composite Industries in Australia.
17
0:01:00
0:01:03
We're manufacturers of the world's most effective
18
0:01:03
0:01:05
and economic hemp decorticator.
19
0:01:05
0:01:08
I will explain what a decorticator is.
20
0:01:08
0:01:12
I'm Secretary of the Australian Industrial Hemp Alliance,
21
0:01:12
0:01:15
Australia's peak national body for industrial hemp.
22
0:01:15
0:01:18
And I'm on the board of the Federation
23
0:01:18
0:01:22
of International Hemp Organizations, FIHO,
24
0:01:22
0:01:27
which is now made up of 17 global organizations
25
0:01:28
0:01:32
that have created a global federation
26
0:01:32
0:01:37
to make sure that the development of all matters cannabis
27
0:01:37
0:01:39
progresses in a consistent way.
28
0:01:39
0:01:40
And one of the great problems with cannabis
29
0:01:40
0:01:45
is the ridiculous attitude of most governments to cannabis.
30
0:01:49
0:01:53
So this presentation is about industrial hemp
31
0:01:53
0:01:55
that I say, that we say,
32
0:01:55
0:01:57
our company says is a wonderful game-changing
33
0:01:57
0:02:00
agribusiness opportunity for Australia
34
0:02:00
0:02:04
and indeed every country on our spaceship earth.
35
0:02:07
0:02:11
This is a global game-changing agribusiness opportunity
36
0:02:11
0:02:13
that improves the environment,
37
0:02:13
0:02:16
sequesters carbon efficiently,
38
0:02:16
0:02:19
enables profitable and sustainable farming
39
0:02:19
0:02:23
and reduces the global usage of synthetic chemicals
40
0:02:23
0:02:26
and damaging products.
41
0:02:32
0:02:36
This presentation, whenever I make a presentation,
42
0:02:36
0:02:39
I make it in honor of Adrian Francis K. Clark,
43
0:02:39
0:02:43
the founder of Textile and Composite Industries in 1994
44
0:02:43
0:02:46
and the inventor of the world's best decorticator,
45
0:02:46
0:02:49
a decorticator that does not need reading of hemp.
46
0:02:53
0:02:55
I will just mute everybody.
47
0:02:58
0:03:01
Adrian died on 15 October 2015
48
0:03:01
0:03:05
and he was only 72 at the time.
49
0:03:05
0:03:08
In fact, 40 years, 70, no, 68.
50
0:03:09
0:03:12
He dedicated the last part of his life
51
0:03:12
0:03:15
to solving the major problem of the hemp industry,
52
0:03:15
0:03:19
how to decorticate without reading.
53
0:03:19
0:03:23
And while this presentation is focused on the hemp industry,
54
0:03:24
0:03:25
as I'm talking about it,
55
0:03:25
0:03:30
please understand that producers of medicinal cannabis
56
0:03:31
0:03:33
have a problem with the remainder stalk.
57
0:03:33
0:03:36
They're either required to destroy it
58
0:03:36
0:03:38
or they can't make use of it and they destroy it
59
0:03:38
0:03:42
because it's literally considered to be waste.
60
0:03:42
0:03:46
Our decorticator will enable eventually
61
0:03:46
0:03:49
when we help wake governments up
62
0:03:49
0:03:51
for medicinal cannabis producers,
63
0:03:52
0:03:54
for recreational cannabis producers,
64
0:03:54
0:03:56
to produce their products
65
0:03:56
0:04:00
and to have the remainder stalk decorticated
66
0:04:00
0:04:03
to produce wonderful, valuable products,
67
0:04:03
0:04:07
thereby increasing, guaranteeing profitability
68
0:04:07
0:04:10
for cannabis producers of all types.
69
0:04:10
0:04:15
Now I said that Adrian started this company in 1994
70
0:04:16
0:04:19
and I will tell you why he started it,
71
0:04:19
0:04:21
but that was a visionary step.
72
0:04:21
0:04:26
In 1996, he traveled to Kentucky and to Canada
73
0:04:26
0:04:28
with his brother Anthony Clark,
74
0:04:28
0:04:29
who is the current chairman
75
0:04:29
0:04:31
of Textile and Composite Industries.
76
0:04:31
0:04:33
I'm the chief executive officer.
77
0:04:33
0:04:37
And he educated people in Kentucky
78
0:04:37
0:04:41
because Kentucky was starting to take an interest in hemp.
79
0:04:41
0:04:44
He educated people about the problem of decortication,
80
0:04:44
0:04:46
went to Canada, did the same thing.
81
0:04:46
0:04:51
And his efforts from 1994 have had a significant impact
82
0:04:51
0:04:56
on the growth of hemp globally over the last 28 years.
83
0:04:59
0:05:03
Now, the most expensive step in using hemp
84
0:05:03
0:05:05
was the process of separating the hemp stalk
85
0:05:05
0:05:08
into its component parts of fiber and herd.
86
0:05:08
0:05:11
That's the process called decortication.
87
0:05:11
0:05:12
It's a strange word.
88
0:05:12
0:05:15
Until I got involved in hemp 10 years ago,
89
0:05:15
0:05:16
I didn't know what it meant,
90
0:05:16
0:05:17
but I do now.
91
0:05:18
0:05:23
Our company, driven by our philosophy of helping farmers
92
0:05:23
0:05:27
to become more profitable, independent,
93
0:05:27
0:05:29
environmentally green and sustainable,
94
0:05:29
0:05:32
developed a decorticating machine over the past 28 years,
95
0:05:32
0:05:34
not 27 years, that eliminates
96
0:05:34
0:05:38
these expensive processing costs.
97
0:05:38
0:05:41
Now you might say, why did Adrian do this?
98
0:05:46
0:05:48
Call from Patrick.
99
0:05:53
0:05:54
Why did he do this?
100
0:05:58
0:06:01
Because he was a lover of freedom, as am I.
101
0:06:01
0:06:06
That's the reason why I'm in hemp.
102
0:06:09
0:06:12
I fight for freedom in a range of ways.
103
0:06:12
0:06:15
I am Australasian passion provocateur.
104
0:06:15
0:06:16
I am a legal strategist.
105
0:06:16
0:06:18
I've practiced law for 20 years.
106
0:06:18
0:06:23
For the last 29 years, I have been a motivational speaker,
107
0:06:24
0:06:26
a speaker on passion, a speaker on leadership,
108
0:06:26
0:06:30
a speaker on strategy for business, big business,
109
0:06:30
0:06:33
medium business, small business.
110
0:06:33
0:06:37
But all of my work relates to freedom.
111
0:06:37
0:06:40
I'm also chairman of the Australian Institute of Comedy.
112
0:06:41
0:06:45
So, so everything I do.
113
0:06:59
0:07:04
So everything I do has a theme related to freedom.
114
0:07:05
0:07:06
Freedom.
115
0:07:07
0:07:11
Adrian could say, and I agree with him,
116
0:07:11
0:07:14
that the way to guarantee human freedom
117
0:07:15
0:07:18
is to have successful, profitable,
118
0:07:18
0:07:20
sustainable family farms.
120
0:07:21
0:07:25
Because farmers on the land, away from government,
121
0:07:25
0:07:26
away from capital cities,
122
0:07:26
0:07:30
they can tell government literally to get stuffed.
123
0:07:30
0:07:33
They can tell government to go away.
124
0:07:33
0:07:38
The alternative, which is the message
125
0:07:39
0:07:41
driven by big business, says,
126
0:07:41
0:07:43
oh, the only way that you can make money
127
0:07:43
0:07:46
out of agriculture is by having corporatized farming
128
0:07:46
0:07:49
with big companies running agriculture.
129
0:07:49
0:07:52
That is a guaranteed way for us to lose freedom.
130
0:07:52
0:07:55
I urge all people watching this presentation
131
0:07:55
0:08:00
to understand that small, medium-sized family farms
132
0:08:00
0:08:02
will guarantee human freedom.
133
0:08:02
0:08:06
Just imagine the alternative of we're all living in cities,
134
0:08:06
0:08:09
all cooped up, and there's major corporations running
135
0:08:10
0:08:14
big corporatized agriculture, monoculture.
136
0:08:14
0:08:16
That is a disastrous model.
137
0:08:16
0:08:19
That's why Adrian Clark started this, because he said,
138
0:08:19
0:08:24
so what's the crop that is going to most successfully
139
0:08:25
0:08:29
enable profitable, sustainable family farms?
140
0:08:29
0:08:30
He says, him.
141
0:08:30
0:08:34
He says, well, why aren't people growing hemp?
142
0:08:34
0:08:36
Because from hemp, you can make all sorts of things.
143
0:08:36
0:08:40
And the answer was that it's hard to make money from hemp
144
0:08:40
0:08:42
because of the problem of decortication.
145
0:08:42
0:08:46
So he says, okay, I will solve the problem of decortication.
146
0:08:46
0:08:50
So that's what he did when he started in 1994.
147
0:08:50
0:08:52
And I'm delighted to announce
148
0:08:52
0:08:55
that this big problem has been solved.
149
0:08:55
0:09:00
For the past 8,000 years, the only way to separate
150
0:09:01
0:09:03
the hemp plant, the stalk of the plant
151
0:09:03
0:09:06
into its component parts was to commence with retting,
152
0:09:06
0:09:08
the harvested stalk.
153
0:09:08
0:09:12
Retting is a rotting process designed to break down
154
0:09:12
0:09:14
the molecular bonds within the plant
155
0:09:14
0:09:17
via biological action.
156
0:09:17
0:09:20
Retting can be achieved in a number of ways.
157
0:09:20
0:09:22
Soaking in hot water, the Chinese do that a lot,
158
0:09:22
0:09:26
in huge vats of boiling water,
159
0:09:26
0:09:28
leaving the harvested stalks in the field
160
0:09:28
0:09:31
for three to six weeks, steaming the stalks
161
0:09:31
0:09:33
or a combination of those.
162
0:09:33
0:09:38
Retting is expensive, labor intensive, time consuming
163
0:09:38
0:09:42
and entirely inappropriate for our Australian climate.
164
0:09:42
0:09:45
So Adrian lived in Melbourne, Australia, where I live,
165
0:09:45
0:09:47
but also for many climates around the world.
166
0:09:47
0:09:52
But also, even if the climate is supportive,
167
0:09:52
0:09:56
it's still labor intensive, time consuming, expensive,
168
0:09:56
0:09:59
and also damages the fiber and the herd.
169
0:10:01
0:10:03
So he identified the problems as, gosh,
170
0:10:03
0:10:05
if we could identify that problem,
171
0:10:05
0:10:07
then farmers would grow hemp
172
0:10:07
0:10:11
and thereby secure their future profitability.
173
0:10:11
0:10:16
And I'm telling you now that hemp is incredibly profitable
174
0:10:16
0:10:19
and it doesn't matter how much of it is produced,
175
0:10:19
0:10:21
it can remain profitable.
176
0:10:21
0:10:25
Unlike most crops where if you push production up,
177
0:10:25
0:10:27
the price comes down significantly.
178
0:10:28
0:10:31
There are opportunities in the hemp industry
179
0:10:31
0:10:36
for farmers, investors, designers of machinery,
180
0:10:37
0:10:38
designers of industrial products,
181
0:10:38
0:10:42
designers of materials handling systems,
182
0:10:42
0:10:45
manufacturers of textiles and composites,
183
0:10:45
0:10:48
food and cosmetic manufacturers, retailers,
184
0:10:48
0:10:51
agricultural machinery suppliers,
185
0:10:51
0:10:53
agricultural support services.
186
0:10:55
0:10:58
Over the past few years, I've developed a mantra.
187
0:10:58
0:11:02
I have copyrighted this HP by four.
188
0:11:02
0:11:05
HP is the first and last letters of hemp.
189
0:11:05
0:11:08
HP stands for healthy products
190
0:11:08
0:11:12
that then help people become healthy,
191
0:11:12
0:11:14
that makes our planet healthier,
192
0:11:14
0:11:17
and at the same time producing healthy profits.
193
0:11:17
0:11:20
Healthy products, healthy people, healthy planet,
194
0:11:20
0:11:21
healthy profits.
195
0:11:25
0:11:27
So this one plant,
196
0:11:27
0:11:30
this one plant has 10 categories of products.
197
0:11:32
0:11:34
There's a picture for you to contemplate this.
198
0:11:34
0:11:39
So there's food, clothing, buildings,
199
0:11:40
0:11:42
medicine, medicinal cannabis.
200
0:11:42
0:11:45
I'll put into that side the recreational side.
201
0:11:45
0:11:48
In fact, that would be an 11th category, wouldn't it?
202
0:11:48
0:11:51
But we'll put it as medicine, recreational, fuel,
203
0:11:51
0:11:54
ethanol you can make from the herd, ethanol.
204
0:11:54
0:11:58
Like a country that imports fuel,
205
0:11:58
0:12:01
can use the hemp to make ethanol
206
0:12:01
0:12:04
so it doesn't have to spend its foreign exchange
207
0:12:04
0:12:05
on buying fuel.
208
0:12:05
0:12:08
And the other source of fuel is biodiesel
209
0:12:08
0:12:10
from the hemp seed oil.
210
0:12:10
0:12:14
Fertilizer, so using, so the hemp plant itself
211
0:12:14
0:12:17
becomes a fertilizer because it rejuvenates
212
0:12:17
0:12:19
and repairs soil.
213
0:12:19
0:12:24
Composite materials, so hemp fiber can replace fiberglass,
214
0:12:27
0:12:32
body care products, cosmetics, rope and twine,
215
0:12:32
0:12:35
baling twine, and packaging materials.
216
0:12:35
0:12:37
So the whole packaging industry
217
0:12:37
0:12:41
with the waste that it produces can be totally replaced
218
0:12:41
0:12:46
by biodegradable, compostable, recyclable hemp products.
219
0:12:46
0:12:49
Now, all of this, since we've solved the problem
220
0:12:49
0:12:52
of decortication, all of this can be done
221
0:12:52
0:12:56
in a reasonably economic way.
222
0:12:56
0:12:58
Whereas if you have to do the rating,
223
0:12:58
0:13:00
the hemp products become much more expensive.
224
0:13:03
0:13:08
So here's the sort of profitability for hemp growing.
225
0:13:09
0:13:14
This is the indicative numbers for one hectare.
226
0:13:15
0:13:20
It's reasonably accurate for US numbers as well.
227
0:13:20
0:13:22
So you have to buy the seed,
228
0:13:22
0:13:24
you have to grow it up to harvest,
229
0:13:24
0:13:26
and so you have a production cost.
230
0:13:26
0:13:29
Then you have to harvest and process,
231
0:13:29
0:13:32
and then you produce products for sale.
232
0:13:33
0:13:36
And these are accurate numbers.
233
0:13:36
0:13:40
The fiber from one hectare, which is two and a half acres,
234
0:13:40
0:13:43
2.47 acres to be precise.
235
0:13:43
0:13:46
So two and a half acres or one hectare
236
0:13:46
0:13:50
will produce three tonnes of fiber worth $7,500.
237
0:13:51
0:13:55
Seven tonnes of herd worth $7,000.
238
0:13:55
0:13:58
One tonne of seed for $3,000.
239
0:13:58
0:14:03
So that's $17,500 of farm gate value.
240
0:14:03
0:14:08
And the cost of producing that is your $2,000 growing cost,
241
0:14:08
0:14:12
your $4,000 harvesting and processing costs.
242
0:14:12
0:14:15
$6,000, take that off $17,500.
243
0:14:16
0:14:19
There's the potential there for eight, nine, 10,
244
0:14:19
0:14:22
$11,000 profit per hectare.
245
0:14:22
0:14:25
And in many places in America, around the world,
246
0:14:25
0:14:28
you can grow two crops a year.
247
0:14:28
0:14:32
Now the one element that this does not take into account
248
0:14:32
0:14:35
is the holding cost of your land.
249
0:14:35
0:14:38
So if you have to rent land,
250
0:14:38
0:14:40
then you have to take that rental cost
251
0:14:40
0:14:41
off your profitability.
252
0:14:41
0:14:44
Or if you own land, then of course,
253
0:14:44
0:14:46
the interest on that capital cost
254
0:14:46
0:14:48
has to be taken into account.
255
0:14:49
0:14:54
Hemp is very profitable when you don't have to do renting.
256
0:14:54
0:14:56
And that's what Adrian could see.
257
0:14:56
0:15:00
And when you look at one hectare doing this,
258
0:15:00
0:15:03
well, you can start to see that a 10 hectare family farm,
259
0:15:03
0:15:08
25 acre family farm can make $100,000 profit per crop.
260
0:15:09
0:15:11
So suddenly you start to see gosh,
261
0:15:11
0:15:14
communities in regional and rural areas
262
0:15:14
0:15:17
can literally start to lift them out of struggle streets
263
0:15:17
0:15:20
by relying on this magnificent plant.
264
0:15:22
0:15:24
So let's look at the cross section of this plant.
265
0:15:28
0:15:32
The hemp stalk is made up of two key parts,
266
0:15:32
0:15:36
the fibre on the outside and the herd on the inside.
267
0:15:36
0:15:38
This is the case for every cannabis plant,
268
0:15:39
0:15:41
whether it's produced for medicinal purposes,
269
0:15:41
0:15:42
for seed purposes,
270
0:15:42
0:15:45
all the cross section of the stalk looks like this.
271
0:15:45
0:15:47
So get hold of a stalk and cut it
272
0:15:47
0:15:48
and have a look at it yourself.
273
0:15:50
0:15:53
The herd is approximately 70% by weight
274
0:15:53
0:15:56
and the fibre is 30%.
275
0:15:56
0:15:59
And the challenge is to take the fibre off the herd.
276
0:15:59
0:16:01
That's what we do.
277
0:16:01
0:16:05
And you can see the uses to which you put the herd.
278
0:16:05
0:16:10
The herd, so animal bedding, mulch, chemical absorbent,
279
0:16:10
0:16:13
fibre board, insulation, concrete, the fibre is rope,
280
0:16:13
0:16:16
netting, canvas, carpet, biocomposites,
281
0:16:16
0:16:19
non-woven clothes, shoes, bags.
282
0:16:19
0:16:24
And then the whole stalk, which is a less profitable way,
283
0:16:24
0:16:26
but the whole stalk can be used for biofuel,
284
0:16:26
0:16:29
but it's much better to use the herd for ethanol,
285
0:16:29
0:16:32
the biofuel from the seed, as I've talked about,
286
0:16:32
0:16:35
paper products, you can use the whole hemp stalk
287
0:16:35
0:16:39
to make pulp, cardboard and filters.
288
0:16:40
0:16:45
So this is what a ideal fibre hemp crop looks like.
289
0:16:45
0:16:47
So when I talk hemp crops,
290
0:16:47
0:16:49
there are two ways that people talk about it.
291
0:16:49
0:16:52
You have a seed crop or a fibre crop.
292
0:16:52
0:16:57
Fibre crops go tall and straight like bamboo crops.
293
0:16:57
0:17:00
They can go to 10, 12, 15.
294
0:17:00
0:17:02
In fact, we've had reports in America
295
0:17:02
0:17:05
of 18 foot high fibre crops.
296
0:17:05
0:17:07
Now they're the same seed as a seed crop
297
0:17:07
0:17:10
but they're planted close together
298
0:17:10
0:17:12
so that the plant grows up.
299
0:17:12
0:17:15
Now these crops grow in 90 to a hundred days.
300
0:17:15
0:17:17
Look at that.
301
0:17:17
0:17:18
That's just ridiculous.
302
0:17:18
0:17:23
It's 12, 13, 14 feet in a hundred days from seed.
303
0:17:23
0:17:24
So it's not permanent.
304
0:17:24
0:17:27
You have to plant the seed and this is what it grows to.
305
0:17:28
0:17:31
And this, every part of this biomass is valuable.
306
0:17:35
0:17:38
Anticoidicator that overcomes the problem of retting.
307
0:17:38
0:17:41
This is what it currently looks like.
308
0:17:42
0:17:44
This machine is a machine,
309
0:17:44
0:17:47
two of these machines are in Pennsylvania
310
0:17:48
0:17:52
and we are having lots of inquiries with people
311
0:17:52
0:17:55
all around the world who's starting to understand
312
0:17:55
0:17:56
value of hemp.
313
0:17:58
0:18:02
This machine is fully computer linked,
314
0:18:02
0:18:04
internet of things linked.
315
0:18:04
0:18:08
All of the elements of it are cross-referenced
316
0:18:08
0:18:10
so that it can't be damaged in use.
317
0:18:10
0:18:13
But it's a pretty sophisticated machine.
318
0:18:13
0:18:17
It costs just under half a million US dollars.
319
0:18:17
0:18:22
And the way that it works is that conveyor here,
320
0:18:22
0:18:25
you send the, after you've harvested the hemp.
321
0:18:25
0:18:28
So you have to literally slash the hemp
322
0:18:28
0:18:31
and then bring the stalks to this machine.
323
0:18:31
0:18:34
This machine sits in a shed in a factory
324
0:18:34
0:18:35
and you bring the stalks,
325
0:18:35
0:18:39
then you send the stalks up this conveyor.
326
0:18:39
0:18:43
And then the decoidicator itself decoidicates
327
0:18:43
0:18:47
and the fiber comes out this chute.
328
0:18:47
0:18:52
And on this side, so the chute goes out the back there
329
0:18:52
0:18:54
and the herd comes down this side.
330
0:18:54
0:18:56
Or here's another view, the herd comes out here
331
0:18:56
0:19:00
having been fed in on the other side of the machine.
332
0:19:00
0:19:02
And literally it's a mechanical process
333
0:19:02
0:19:04
where it separates the fiber and the herd.
334
0:19:04
0:19:09
It's not 100% separation, it's 85 to 90%.
335
0:19:09
0:19:13
So that means there's a small amount of herd in the fiber
336
0:19:13
0:19:16
and there's a small amount of fiber in the herd,
337
0:19:16
0:19:19
both of which can be separated quite conveniently.
338
0:19:19
0:19:21
Another important principle is we're talking about
339
0:19:21
0:19:23
a natural crop.
340
0:19:23
0:19:27
So that the rules for the operation of this machine are,
341
0:19:27
0:19:30
if you put, like any machine, if you put garbage in,
342
0:19:30
0:19:32
you get garbage out.
343
0:19:32
0:19:36
If you imagine this crop here being harvested,
344
0:19:36
0:19:38
look how beautiful and straight that is,
345
0:19:38
0:19:42
and you then feed that straight stalk up the conveyor,
346
0:19:42
0:19:44
it's gonna give you a much better result
347
0:19:44
0:19:48
than if you've got a crop that has been dried
348
0:19:48
0:19:53
and damaged or got lots of branches.
349
0:19:54
0:19:57
The decodicator was designed for fiber crops,
350
0:19:57
0:19:59
but it will decodicate anything.
351
0:19:59
0:20:03
It will also decodicate cannaf and other,
352
0:20:03
0:20:05
it will decodicate flax, for example.
353
0:20:05
0:20:08
But we're focused on hemp because hemp fiber
354
0:20:08
0:20:11
is the strongest natural fiber on the planet.
355
0:20:14
0:20:17
Now, this is the development journey.
356
0:20:17
0:20:18
Have a look.
357
0:20:18
0:20:22
This is what the D8 decodicator looked like in 2012.
358
0:20:24
0:20:27
Isn't that, that's when I joined the company 10 years ago.
359
0:20:29
0:20:31
That's what it looks like now.
360
0:20:31
0:20:34
That's what it looked like then.
361
0:20:34
0:20:38
So it's been an amazing development journey.
362
0:20:39
0:20:42
Then that machine became this machine.
363
0:20:42
0:20:45
So this machine is operational in Victoria.
364
0:20:45
0:20:47
It's a demonstration machine.
365
0:20:48
0:20:52
The essence of the D8 is in there.
366
0:20:52
0:20:55
It's protected by confidentiality,
367
0:20:55
0:20:58
and anyone who buys one of our machines
368
0:20:58
0:21:00
has to sign confidentiality agreements.
369
0:21:01
0:21:05
This machine then developed into this next version,
370
0:21:05
0:21:09
which has all of the safety requirements for Canada,
371
0:21:09
0:21:12
America, Europe, Australia,
372
0:21:12
0:21:17
and also has digital linkage back to head office
373
0:21:18
0:21:22
here in Australia of the operations of this machine.
374
0:21:22
0:21:25
And so this machine that you can see on the screen
375
0:21:25
0:21:28
now has turned into this machine
376
0:21:28
0:21:30
with even more enhancements.
377
0:21:32
0:21:36
So hemp fiber and herd is now significantly
378
0:21:36
0:21:39
more cost-effective to produce without retting
379
0:21:39
0:21:42
by using our D8 decoarticator.
380
0:21:43
0:21:47
The D8 now enables, this solves the problem
381
0:21:47
0:21:51
of hemp being a very real substitute for existing products.
382
0:21:51
0:21:53
On the left, you can see raw hemp fiber
383
0:21:53
0:21:55
that comes straight out of our machine.
384
0:21:55
0:21:57
And then if you want to make textiles,
385
0:21:57
0:21:58
you have to degum it.
386
0:21:58
0:22:01
It's a cottonized process.
387
0:22:01
0:22:04
You have to take the gum out of it.
388
0:22:04
0:22:07
It takes about 40% of the weight,
389
0:22:07
0:22:09
and then it becomes cotton-like.
390
0:22:09
0:22:12
And from this, you make yarn.
391
0:22:12
0:22:15
And once you have yarn, you can make any textiles.
392
0:22:15
0:22:20
And not only yarn, you can also make non-woven materials.
393
0:22:20
0:22:23
So the question of the fiber itself can be turned
394
0:22:23
0:22:26
into lots of non-woven materials, the raw fiber.
395
0:22:26
0:22:29
And then if the textiles, you have to degum.
396
0:22:29
0:22:30
That's an extra cost.
397
0:22:30
0:22:34
All of these, the setting up of that plant,
398
0:22:34
0:22:35
that's more sophisticated,
399
0:22:35
0:22:37
and you do not have to go
400
0:22:37
0:22:40
to the end sophisticated products immediately.
401
0:22:40
0:22:43
You can start on the easy stuff first.
402
0:22:45
0:22:49
The secondary product after fiber is heard.
403
0:22:49
0:22:51
Heard can be used to make hempcrete, paper,
404
0:22:51
0:22:54
cellulose product, plastic, cellulose materials,
405
0:22:54
0:22:57
fuel, ethanol, building products and building walls.
406
0:22:57
0:22:58
It's like wood chip.
407
0:22:58
0:23:03
The two guys on the left are standing on a big pile of heard.
408
0:23:03
0:23:06
And you can see a handful of heard on the right-hand side.
409
0:23:06
0:23:06
Just one moment.
410
0:23:10
0:23:11
Sorry about that, Ali.
411
0:23:19
0:23:22
As I'm sure you know, I will be available
412
0:23:22
0:23:25
for questions arising from this presentation.
413
0:23:25
0:23:29
And my contact details are also
414
0:23:29
0:23:31
at the end of the presentation.
415
0:23:31
0:23:36
So this is what a hemp, heard and binder wall looks like.
416
0:23:36
0:23:38
This is called hempcrete.
417
0:23:38
0:23:41
This wall gives maxill insulation, yet it breathes.
418
0:23:41
0:23:45
It's fire resistant, fantastic for fire prone areas.
419
0:23:45
0:23:48
And hemp houses made, sorry,
420
0:23:48
0:23:53
and this material is termite proof, mold proof,
421
0:23:54
0:23:57
and you can also make low cost housing from it.
422
0:23:57
0:23:59
Now to give you an idea,
423
0:23:59
0:24:01
for a smaller house from one hectare,
424
0:24:01
0:24:06
from two and a half acres, you can make one big house,
425
0:24:07
0:24:10
two medium houses, or three smaller houses
426
0:24:10
0:24:13
from one, from two and a half acres.
427
0:24:13
0:24:15
So, and very cost effective.
428
0:24:15
0:24:19
And these houses also maintain a cool temperature in summer,
429
0:24:19
0:24:21
a warm temperature in winter.
430
0:24:21
0:24:25
It's just the world's best building material.
431
0:24:29
0:24:34
Here's an example of a, of a hempcrete wall.
432
0:24:37
0:24:40
You can do all sorts of designs in it.
433
0:24:40
0:24:43
These were some local Australian aboriginals.
434
0:24:43
0:24:45
You can color it any color that you want.
435
0:24:47
0:24:50
And if it's facing the weather,
436
0:24:50
0:24:54
you put a weather sealant on it that still breathes.
437
0:24:54
0:24:57
So water can't go through, but air can.
438
0:24:57
0:25:01
And that's the wonderful way that hempcrete performs.
439
0:25:01
0:25:04
Now hemp composites are light and strong.
440
0:25:04
0:25:08
So you picture that fiber that replaces fiberglass.
441
0:25:09
0:25:12
It replaces carbon fiber in certain applications,
442
0:25:12
0:25:15
and it reduces the cost of using carbon fiber.
443
0:25:15
0:25:16
When mixed with carbon fiber,
444
0:25:16
0:25:20
it makes carbon fiber less, less, less,
445
0:25:20
0:25:22
less liable to shatter.
446
0:25:22
0:25:23
It makes it more flexible.
447
0:25:24
0:25:26
Shipping pellets, we made shipping pellets
448
0:25:26
0:25:28
that you can see on the left-hand side there.
449
0:25:28
0:25:32
A normal wooden shipping pellet weighs 80 pounds.
450
0:25:32
0:25:34
That shipping pellet that does the same job
451
0:25:34
0:25:39
as an 80 pound shipping pellet weighs under 20 pounds.
452
0:25:39
0:25:41
So it saves on shipping costs.
453
0:25:41
0:25:44
Now on the right-hand side is a car made
454
0:25:44
0:25:48
out of a hemp composite body.
455
0:25:48
0:25:52
So hemp composites are incredibly light, strong,
456
0:25:52
0:25:56
and therefore fantastic for electric vehicles as well,
457
0:25:56
0:25:59
but also for a whole range of products.
458
0:25:59
0:26:01
Using, if you picture anything made out of fiberglass
459
0:26:01
0:26:04
and plastic can be made out of hemp composites.
460
0:26:06
0:26:09
So there are 10 significant advantages of hemp.
461
0:26:09
0:26:11
Number one, it's environmentally clean.
462
0:26:13
0:26:15
Number two, it efficiently and effectively sequesters
463
0:26:15
0:26:20
carbon dioxide, 22 tons of CO2 per hectare,
464
0:26:21
0:26:26
and the value of that CO2 is between 80
465
0:26:26
0:26:29
and heading up to $200 a ton.
466
0:26:29
0:26:32
So this is another profitability element of hemp.
467
0:26:33
0:26:35
It uses minimal fertilizers
468
0:26:35
0:26:38
and can be grown with zero chemicals.
469
0:26:38
0:26:42
Efficient water usage, it uses 70 to 80% less water
470
0:26:42
0:26:44
than cotton.
471
0:26:44
0:26:45
It improves the soil.
472
0:26:45
0:26:48
It's excellent, healthy, attractive profits.
473
0:26:48
0:26:51
The products are natural antibacterial,
474
0:26:51
0:26:53
antimicrobial, anti-mold.
475
0:26:53
0:26:55
Each product that you can make from hemp,
476
0:26:55
0:26:57
now I said there are 10 categories,
477
0:26:57
0:27:00
over 25,000 different products.
478
0:27:00
0:27:02
Now, so how can I have so many different products?
479
0:27:02
0:27:05
Well, if you just take the medicinal side,
480
0:27:05
0:27:07
you have your flowers and the buds,
481
0:27:07
0:27:09
and you can do a whole range of products
482
0:27:09
0:27:12
from just the flowers and the buds.
483
0:27:12
0:27:15
25, some people say close to 50,000 products.
484
0:27:15
0:27:17
We haven't bothered to do the numbers.
485
0:27:18
0:27:22
You can value add to hemp raw materials in multiple ways,
486
0:27:22
0:27:25
and you can supply local and global markets.
487
0:27:25
0:27:28
So if markets don't want a certain product,
488
0:27:28
0:27:31
the beauty of hemp is you start producing a different product,
489
0:27:31
0:27:34
different strokes for different folks.
490
0:27:34
0:27:38
And I've said before that hemp can be a magnificent
491
0:27:38
0:27:42
import replacement for African countries in particular.
492
0:27:42
0:27:44
I've spoken to many people in African countries
493
0:27:44
0:27:46
over the years,
494
0:27:46
0:27:48
and they say, where are we gonna export?
495
0:27:48
0:27:49
No, you don't have to export.
496
0:27:49
0:27:51
You grow it locally, you use it locally
497
0:27:51
0:27:56
so that you don't have to import stuff from other countries
498
0:27:56
0:27:59
and use valuable foreign exchange.
499
0:28:01
0:28:04
We say the best value added hemp based products
500
0:28:04
0:28:07
to focus on the next five years for local and global markets.
501
0:28:07
0:28:10
So I've got these in order, there's six here,
502
0:28:10
0:28:12
and there's another nine there.
503
0:28:13
0:28:14
So fiver for clothing,
504
0:28:16
0:28:19
I have to have my coffee, love coffee.
505
0:28:19
0:28:22
Fiver for biodegradable weed metting.
506
0:28:22
0:28:25
So instead of using black plastic for weed metting,
507
0:28:25
0:28:26
use hemp fibre.
508
0:28:26
0:28:29
The herd for hempcrete and other building purposes,
509
0:28:29
0:28:32
you can make insulation from the fibre.
510
0:28:32
0:28:35
The herd is fantastic for horse bedding
511
0:28:35
0:28:37
and poultry bedding and other animals.
512
0:28:37
0:28:41
And one of the issues with poultry is the disease issues.
513
0:28:41
0:28:44
By using hemp, by using hemp,
514
0:28:44
0:28:48
by using herd, this is for the,
515
0:28:48
0:28:51
it's incredibly absorbent,
516
0:28:51
0:28:55
it reduces disease amongst animals.
517
0:28:55
0:28:56
Of course you grow the seed,
518
0:28:56
0:28:58
so you can use that for local planting
519
0:28:58
0:29:00
or export for planting purposes.
520
0:29:00
0:29:02
Then you can use the seed for food.
521
0:29:02
0:29:05
So hemp seed when it's used for food is called seed.
522
0:29:05
0:29:08
If you're gonna be using it to plant other crops,
523
0:29:08
0:29:09
it's called grain.
524
0:29:09
0:29:13
Seed for cosmetics, so you get the oil from the cosmetics.
525
0:29:13
0:29:17
And also the remainder materials from the seed itself
526
0:29:17
0:29:20
have various uses, including bread making,
527
0:29:20
0:29:22
including beer making.
528
0:29:23
0:29:25
Number nine, fibre for composites,
529
0:29:25
0:29:27
particularly shipping pallets, building components,
530
0:29:27
0:29:30
car parts, caravans and trailers.
531
0:29:30
0:29:33
Tenth, fibre and herd for edible food containers.
532
0:29:33
0:29:38
Just imagine this, you make with potatoes,
533
0:29:38
0:29:43
and hemp fibre, you make a small container,
534
0:29:44
0:29:45
you put a hamburger in it,
535
0:29:45
0:29:47
at the end you feed that to the pigs,
536
0:29:47
0:29:50
and the pigs eat it, and it's healthy for the pigs.
537
0:29:51
0:29:55
Fibre and herd will replace most plastic applications.
538
0:29:55
0:29:59
Herd for ethanol, fibre for ropes and bailing string,
539
0:29:59
0:30:01
fibre for medical bandages,
540
0:30:01
0:30:04
because it's natural anti-microbial, anti-bacterial,
541
0:30:04
0:30:06
it reduces infection.
542
0:30:06
0:30:08
And then herd for garden mulch,
543
0:30:08
0:30:11
it's the most amazing garden mulch.
544
0:30:11
0:30:14
I put it on my garden, most mulch after a couple of months,
545
0:30:14
0:30:16
the weeds start coming through.
546
0:30:16
0:30:19
Herd suppresses it far more effectively.
547
0:30:19
0:30:24
And the price that I put into the earlier financial analysis
548
0:30:30
0:30:33
showed $1,000 a tonne for herd.
549
0:30:33
0:30:37
But if you sell it by the pound at a home depot
550
0:30:37
0:30:40
or a supermarket to local farmers,
551
0:30:40
0:30:45
they will pay two to three times more
552
0:30:45
0:30:49
than you would at the farm gate for big use.
553
0:30:49
0:30:52
So herd for garden mulch can become very profitable
554
0:30:52
0:30:54
to the home gardening market.
555
0:30:56
0:31:00
So, successful competition against other products
556
0:31:00
0:31:02
and successful global hemp industry growth
557
0:31:02
0:31:05
requires five strategic initiatives.
558
0:31:05
0:31:07
And I'm heading well,
559
0:31:07
0:31:09
I'll be finished in about 10, 12 minutes,
560
0:31:09
0:31:12
so you can set your planning.
561
0:31:13
0:31:15
Number one, five strategies.
562
0:31:15
0:31:18
Number one, generate market demand for hemp
563
0:31:18
0:31:20
rather than farmer push.
564
0:31:21
0:31:24
We need to identify well-funded and successful businesses
565
0:31:24
0:31:28
that have already publicly committed to reduce
566
0:31:28
0:31:29
their negative environmental impact.
567
0:31:29
0:31:32
And we need to educate them about the potential
568
0:31:32
0:31:35
for unretted hemp to be the way
569
0:31:35
0:31:37
that they can solve their environmental challenges.
570
0:31:37
0:31:42
Now, I haven't talked about three big tidal waves
571
0:31:42
0:31:43
that are happening on our planet.
572
0:31:43
0:31:46
Number one is the ESG tidal wave.
573
0:31:46
0:31:48
That relates to this environmental issue.
574
0:31:48
0:31:51
ESG, big companies have to reduce
575
0:31:51
0:31:53
their greenhouse gas emissions.
576
0:31:53
0:31:56
ESG stands for environmental, social,
577
0:31:56
0:31:58
and governance policies.
578
0:31:58
0:32:01
Big list of companies right around the world,
579
0:32:01
0:32:02
their share price is being hammered
580
0:32:02
0:32:06
if they don't take the right steps on these matters.
581
0:32:06
0:32:09
The second big tidal wave is the circular economy,
582
0:32:09
0:32:11
which means reducing waste.
583
0:32:11
0:32:12
Hemp helps that.
584
0:32:12
0:32:16
Third, the whole movement towards health.
585
0:32:16
0:32:19
And you've heard with my mantra HP by four,
586
0:32:19
0:32:21
hemp is all about health.
587
0:32:21
0:32:25
So hemp is beautifully positioned to ride,
588
0:32:25
0:32:28
to surf these three tidal waves of ESG,
589
0:32:28
0:32:32
circular economy, and health to magnificent success.
590
0:32:32
0:32:36
That's why it's a global agribusiness game changer.
591
0:32:37
0:32:41
Secondly, second strategy,
592
0:32:41
0:32:45
embrace an abundant philosophy and not one of scarcity.
593
0:32:45
0:32:48
Hemp can radically improve the lives of 70%
594
0:32:48
0:32:50
of the world's population who today can't afford
595
0:32:50
0:32:52
to buy a new cotton shirt.
596
0:32:52
0:32:56
Future sustainable economic growth will come from this 70%,
597
0:32:56
0:32:58
not the existing 30% of consumers
598
0:32:58
0:33:00
who've got plenty of money.
599
0:33:00
0:33:02
Additionally, standards of living rise
600
0:33:02
0:33:05
and consumption per capita increases,
601
0:33:05
0:33:07
industrial hemp will be desperately needed
602
0:33:07
0:33:12
as the prime source of new raw materials on our planet
603
0:33:12
0:33:15
produced in environmentally clean ways.
604
0:33:15
0:33:18
Thirdly, third strategy.
605
0:33:18
0:33:23
So go back, get clear, generate market demand.
606
0:33:24
0:33:25
Our strategy is not to go to farmers
607
0:33:25
0:33:27
and get them to grow it, then try to sell it.
608
0:33:27
0:33:30
No, we go to the end users and say,
609
0:33:30
0:33:32
do you want this stuff?
610
0:33:32
0:33:34
And then when we get the contract from them,
611
0:33:34
0:33:37
then we go back up the supply chain to the farmers.
612
0:33:37
0:33:40
Secondly, embrace an abundance philosophy
613
0:33:40
0:33:42
and not one of scarcity.
614
0:33:42
0:33:45
Thirdly, avoid commoditization.
615
0:33:45
0:33:47
Do not fall into this trap.
616
0:33:47
0:33:49
Avoid the current fate of oil producers,
617
0:33:49
0:33:51
although right now they're doing well.
618
0:33:51
0:33:54
Iron ore producers, sugar cane milk producers.
619
0:33:54
0:33:56
In their cases, it's the traders
620
0:33:56
0:33:58
who make the bulk of the profits,
621
0:33:58
0:34:02
not the producers or the growers or the farmers.
622
0:34:02
0:34:05
Do not give away this magnificent raw material
623
0:34:05
0:34:09
at a cheap price, just because it's convenient.
624
0:34:09
0:34:12
And risk and reward follows risk.
625
0:34:12
0:34:14
If farmers don't wanna take any risk,
626
0:34:14
0:34:16
they go, oh, well, look, I'll just sell it cheaply.
627
0:34:16
0:34:19
I'll get a contract and sell it cheaply.
628
0:34:19
0:34:20
Good, you lock in a profit,
629
0:34:20
0:34:22
but the profit's nothing like what's possible.
630
0:34:23
0:34:27
Now, there will be cooperatives formed,
631
0:34:27
0:34:31
which is a great way for small farmers to come together
632
0:34:31
0:34:33
to make this whole process happen.
633
0:34:34
0:34:37
Fourth strategy, harness the skills, experience
634
0:34:37
0:34:39
and relationships in local communities
635
0:34:39
0:34:43
to identify the hemp products that should be produced
636
0:34:43
0:34:45
and then supply the hungry markets
637
0:34:45
0:34:48
that want these products both locally and globally.
638
0:34:48
0:34:51
So when you think about any country, any state in a country,
639
0:34:51
0:34:53
one of the 50 states in the US,
640
0:34:54
0:34:57
what do we need in this state?
641
0:34:57
0:34:59
Because so many products can be made out of hemp,
642
0:34:59
0:35:01
so you make it locally, produce it locally,
643
0:35:01
0:35:03
don't have any transport costs.
644
0:35:03
0:35:05
And then you say, well, what skills have we got
645
0:35:05
0:35:06
in this state?
646
0:35:06
0:35:08
And there could be skills in a particular place
647
0:35:08
0:35:11
that then enable global markets to be accessed
648
0:35:11
0:35:13
because of those special skills.
649
0:35:15
0:35:18
And then fifthly, we have to educate local
650
0:35:18
0:35:20
and global businesses in this strategy
651
0:35:20
0:35:23
that are committed to ESG and Circular Economy Principles
652
0:35:23
0:35:26
that industrial hemp is the solution
653
0:35:26
0:35:28
that they've been seeking.
654
0:35:29
0:35:33
Hemp can be grown using organic, biodynamic
655
0:35:33
0:35:35
and biological farming practices.
656
0:35:35
0:35:37
Whoops, I've got an extra hand.
657
0:35:37
0:35:40
And organic is the lowest level of chemical free,
658
0:35:40
0:35:42
biodynamic is one level above it
659
0:35:42
0:35:44
and biological is the highest level.
660
0:35:44
0:35:48
You don't have to use harmful chemicals to grow hemp
661
0:35:48
0:35:49
successfully.
662
0:35:49
0:35:52
Hemp is naturally antibiotic and it cuts UV rays
663
0:35:52
0:35:53
when you're wearing it.
664
0:35:53
0:35:58
Hemp enables regional industries and economies to flourish.
665
0:35:59
0:36:02
Here's my proposition to you.
666
0:36:02
0:36:05
Industrial hemp without reading can make an immediate,
667
0:36:05
0:36:09
inspiring, nurturing, positive, sustaining
668
0:36:09
0:36:12
and life-giving difference to the planet.
669
0:36:12
0:36:15
Your job, whoever you are watching this presentation,
670
0:36:15
0:36:18
is to share the ideas, insights and possibilities
671
0:36:18
0:36:22
that have occurred to you, where you live
672
0:36:22
0:36:24
or through your connections,
673
0:36:24
0:36:26
because you've experienced this presentation
674
0:36:26
0:36:28
to create a surge in economic activity,
675
0:36:28
0:36:31
jobs and skills development.
676
0:36:31
0:36:32
And I want you to understand,
677
0:36:33
0:36:36
I want you to understand where did jobs come from?
678
0:36:36
0:36:39
They come from entrepreneurs, from people doing things.
679
0:36:39
0:36:41
When you sit on your bum and do nothing,
680
0:36:41
0:36:43
nothing gets created.
681
0:36:43
0:36:48
But when people go out there and do wonderful, healthy work
682
0:36:49
0:36:50
and convert this magnificent crop
683
0:36:50
0:36:53
into the wonderful solutions that it can,
684
0:36:53
0:36:55
it creates job opportunities.
685
0:36:56
0:36:57
It creates economic activity
686
0:36:57
0:37:02
and money is simply a representation for human activity.
687
0:37:03
0:37:04
And where I said right at the start,
688
0:37:04
0:37:08
this company was started 28 years ago in 1994
689
0:37:09
0:37:11
to enable farmers to be profitable,
690
0:37:11
0:37:15
but for everybody on the whole supply chain
691
0:37:15
0:37:18
to be profitably engaged in hemp.
692
0:37:18
0:37:21
And I say that hemp is the most amazing plant
693
0:37:21
0:37:24
that God has made available to us.
694
0:37:24
0:37:26
It's been around for 8,000 plus years.
695
0:37:26
0:37:30
We at Textile and Composite have solved the biggest problem
696
0:37:30
0:37:35
of converting hemp into profits, which is decortication.
697
0:37:35
0:37:40
And the only reason why hemp is not the preeminent
698
0:37:41
0:37:44
agricultural broad acre crop on the planet
699
0:37:44
0:37:46
is because of political influence,
700
0:37:46
0:37:49
because of the influence of the oil,
701
0:37:49
0:37:53
the hydrocarbon industry of certain global elites
702
0:37:53
0:37:56
who do not want hemp to succeed.
703
0:37:56
0:37:59
And my vision for hemp is that local communities
704
0:37:59
0:38:01
can literally grow hemp
705
0:38:01
0:38:04
and tell the rest of the world to get stuffed.
706
0:38:04
0:38:08
Hemp enables a community to be totally self-sufficient
707
0:38:08
0:38:12
because it's got 10 categories of products.
708
0:38:12
0:38:15
The first three, the first four, the most important,
709
0:38:15
0:38:20
food, clothing, shelter, medicine, and the fifth one, fuel.
710
0:38:21
0:38:22
What else do you need?
711
0:38:23
0:38:27
And the other point I make is that if all you had to eat
712
0:38:27
0:38:29
was hemp seed, you would survive.
713
0:38:29
0:38:31
It would be pretty boring,
714
0:38:31
0:38:32
but hemp seed would enable you
715
0:38:32
0:38:35
with a wonderful source of protein that it is
716
0:38:35
0:38:38
to survive on that as a food source alone.
717
0:38:38
0:38:41
So you can see that a small community
718
0:38:41
0:38:45
could literally go off grid and to live a magnificent life
719
0:38:45
0:38:49
without having to have the influence of globalist agendas,
720
0:38:49
0:38:53
of corrupt medical officials to live healthy lives,
721
0:38:53
0:38:54
to have a magnificent experience
722
0:38:54
0:38:57
of this thing we call life on earth.
723
0:38:57
0:39:00
Get into hemp, it's the future.
724
0:39:00
0:39:01
Thanks for listening.
725
0:39:01
0:39:04
I'm now readily available for questions.
726
0:39:08
0:39:12
So please unmute yourself when you have a question.
727
0:39:12
0:39:14
And to make this sensible,
728
0:39:14
0:39:16
you use the reactions tab below.
729
0:39:17
0:39:19
You go to the reactions tab,
730
0:39:19
0:39:24
you raise your hand and I'll handle the questions in order
731
0:39:24
0:39:28
so that there's not seven of us talking at the same time.
732
0:39:28
0:39:31
So questions, comments, thoughts?
734
0:39:43
0:39:45
Hi, Charles.
735
0:39:45
0:39:49
So thanks again for doing the presentation.
736
0:39:49
0:39:50
My question is this.
737
0:39:52
0:39:55
I know you said we should reach out to the off tickets first
738
0:39:55
0:39:57
and we do agree.
739
0:40:01
0:40:03
And I saw in your,
740
0:40:03
0:40:04
some of that one of the attachments you sent
741
0:40:04
0:40:08
that you offer some sort of consultation or in that process.
742
0:40:08
0:40:09
Yes, we did.
743
0:40:09
0:40:11
What does it take to get that part?
744
0:40:11
0:40:14
Because what I'm thinking is we would start there
745
0:40:14
0:40:17
and kind of form our relationship with you guys
746
0:40:17
0:40:19
so that we can come up with a plan together.
747
0:40:19
0:40:23
And then I saw that you had a few other options as well,
748
0:40:23
0:40:26
as far as joint ventures and things.
749
0:40:26
0:40:31
But because, like you said, we should decide exactly,
750
0:40:31
0:40:33
depending on which area we are,
751
0:40:33
0:40:36
which type of products that we put out.
752
0:40:36
0:40:39
And Craig, in any group that watches this,
753
0:40:39
0:40:41
and so we'll make it specific,
754
0:40:41
0:40:46
but also this presentation can go to other places as well.
755
0:40:48
0:40:51
It's a great question that you ask.
756
0:40:51
0:40:55
And you start to go, what problems can hemp solve?
757
0:40:55
0:41:00
And then you go, okay, so what connections do we have,
758
0:41:00
0:41:04
do you have that we can access?
759
0:41:04
0:41:07
Because the world works through relationships.
760
0:41:07
0:41:08
And you start to go, okay,
761
0:41:08
0:41:10
if you turn your mind to this question,
762
0:41:10
0:41:12
where do you have relationships?
763
0:41:12
0:41:14
So you can go to strangers.
764
0:41:14
0:41:17
It's much easier to go to people we have relationships.
765
0:41:17
0:41:22
And this group, any group has identified problems.
766
0:41:22
0:41:24
Now there are huge problems on the planet.
767
0:41:24
0:41:26
So the question for each group is to say,
768
0:41:26
0:41:29
well, what problem do we want to solve?
769
0:41:29
0:41:31
Now, if we're focusing on Africa,
770
0:41:31
0:41:35
an African country will say, we need economic activity.
771
0:41:35
0:41:36
That's true.
772
0:41:36
0:41:38
And so the starting point can be,
773
0:41:38
0:41:43
well, in your country, what do you spend export dollars on?
774
0:41:44
0:41:47
Or if you think of Haiti, if you think of Cuba,
775
0:41:47
0:41:50
if you think of Central American countries,
776
0:41:50
0:41:53
whose economy, whose GDP is way below that of America.
777
0:41:53
0:41:54
So why is that?
778
0:41:54
0:41:57
The answer is because people haven't got jobs.
779
0:41:57
0:41:59
And then you start to go,
780
0:41:59
0:42:00
I wonder what jobs we could do.
781
0:42:00
0:42:01
And then you start to go,
782
0:42:01
0:42:04
what could we produce in Haiti with a crop,
783
0:42:04
0:42:07
with Ndekordeka, we then got herd,
784
0:42:07
0:42:09
we could ship that herd to Kentucky.
785
0:42:10
0:42:13
And we've got people doing stuff.
786
0:42:13
0:42:16
And the key to lifting people out of poverty
787
0:42:16
0:42:21
is to give them useful, valuable, sensible, healthy jobs.
788
0:42:24
0:42:26
And because there's 25,000 different products
789
0:42:26
0:42:28
that can be made,
790
0:42:28
0:42:31
it doesn't mean that there's one answer to this question.
791
0:42:31
0:42:34
And so we have to use what's called,
792
0:42:34
0:42:35
we have to use our imagination.
793
0:42:35
0:42:38
And you start to go, gosh, I wonder what would be possible.
794
0:42:38
0:42:40
And then because of my experience,
795
0:42:40
0:42:43
because of the 50 plus years I've been in business,
796
0:42:43
0:42:47
I can help guide, have connections too.
797
0:42:47
0:42:48
And the other issue that will happen
798
0:42:48
0:42:53
is that there are people in the world, individuals,
799
0:42:53
0:42:55
there are over a thousand billionaires
800
0:42:55
0:42:57
on this planet today.
802
0:42:59
0:43:00
There's plenty of money.
803
0:43:01
0:43:04
And so you say, well, who do we get the money from?
804
0:43:04
0:43:05
Going to a bank is a bad strategy.
805
0:43:05
0:43:08
My question is, who do you know
806
0:43:08
0:43:10
as a second or third level connection,
807
0:43:10
0:43:13
go, a big billionaire, for example,
808
0:43:13
0:43:15
who says, I'm concerned about, let's take Haiti,
809
0:43:15
0:43:17
or let's take an African country.
810
0:43:17
0:43:20
I'm concerned about what's happening in Malawi.
811
0:43:20
0:43:23
We find that billionaire and we do a pitch to them.
812
0:43:23
0:43:25
So hey, we've got the imagination,
813
0:43:25
0:43:27
we've got the skills.
814
0:43:27
0:43:31
All we need is $20 million for you to make a big difference
815
0:43:31
0:43:33
using hemp in a particular place.
816
0:43:34
0:43:35
Make sense?
818
0:43:37
0:43:39
And then as far as the facility,
819
0:43:39
0:43:43
do you recommend that we do, say in the DRC,
820
0:43:43
0:43:45
do we do a multi-purpose facility
821
0:43:45
0:43:48
with all the other supplemental pieces of equipment
822
0:43:48
0:43:50
as far as like the degumming, the dryers,
823
0:43:50
0:43:53
and all those other things to support multi products?
824
0:43:53
0:43:58
No, I say, do not do degumming at the start.
826
0:43:59
0:44:03
Because globally, just to give you a context,
827
0:44:03
0:44:06
the Federation of International Hemp Organizations,
828
0:44:06
0:44:09
there's 200,000 hectares, half a million acres
829
0:44:09
0:44:11
of hemp being grown around the world.
830
0:44:11
0:44:12
It's nothing.
832
0:44:14
0:44:16
And so if in, for example,
833
0:44:16
0:44:18
you use the Democratic Republic of Congo,
834
0:44:19
0:44:22
you say, right, well, what should we produce?
835
0:44:22
0:44:25
And we start by producing the fiber and the herd.
836
0:44:25
0:44:30
We bail up, you get a cotton press, a wool press,
837
0:44:30
0:44:33
squash the fiber after the court occasion
838
0:44:33
0:44:36
and ship that to China, ship that to Turkey.
839
0:44:36
0:44:38
There's such a demand for hemp fiber,
840
0:44:38
0:44:40
you don't have, don't over-engineer it.
841
0:44:41
0:44:45
Unless there are textile experts in a particular group,
842
0:44:45
0:44:49
or unless there are textile experts already in the DRC,
843
0:44:49
0:44:50
but you can also send that fiber
844
0:44:50
0:44:54
to other textile producing countries in Africa,
845
0:44:54
0:44:57
because Africa produces a lot of textiles.
846
0:44:57
0:44:59
So don't over-engineer.
847
0:44:59
0:45:03
Keep it simple for the first one, two, or three crops.
848
0:45:03
0:45:05
And then as the profits start coming in,
849
0:45:05
0:45:08
then that attracts more money.
851
0:45:08
0:45:12
So initially we would just start with just the D8
852
0:45:12
0:45:15
and what else?
853
0:45:15
0:45:17
All it needs is a harvester.
854
0:45:17
0:45:19
You need to, then you need a planter.
855
0:45:19
0:45:22
Now we need, we got jobs, okay?
856
0:45:22
0:45:25
So in Australia, we use an air seeder.
857
0:45:25
0:45:28
Now an air seeder is very efficient, they're not expensive,
858
0:45:28
0:45:31
but they can be hired as well.
859
0:45:31
0:45:35
So you plant the seed, it grows, it then needs to be cut.
860
0:45:35
0:45:39
So it can be cut by hand, it can be had jobs that way.
861
0:45:39
0:45:41
Or you, you know, so the slashing process in the quick,
862
0:45:41
0:45:44
and then I recommend that it go to seed.
863
0:45:44
0:45:46
So as it grows taller, it goes to seed,
864
0:45:46
0:45:49
then you need a harvest, take the seed off the top,
865
0:45:49
0:45:51
and then straight after that comes
866
0:45:51
0:45:52
the harvesting of the stalk.
867
0:45:52
0:45:56
So picture the, here's the stalk,
868
0:45:56
0:45:58
it's got the seed at the top, take that off the top,
869
0:45:58
0:45:59
because that's valuable.
870
0:45:59
0:46:00
Then you got the rest of the stalk,
871
0:46:00
0:46:03
that gets cut and brought to the decorticator,
872
0:46:03
0:46:05
and then it's produced in the fiber and herd.
873
0:46:05
0:46:09
And then you've got four products, four raw materials.
874
0:46:09
0:46:12
You've got seed, you've got the fiber,
875
0:46:12
0:46:14
you've got the herd, and you've got the dust.
876
0:46:14
0:46:16
And the dust is cellulose, it's also valuable.
877
0:46:18
0:46:19
All right, I got a question.
878
0:46:19
0:46:20
Can I get one then?
879
0:46:21
0:46:25
Peace and blessings, everybody.
880
0:46:25
0:46:26
That's on the call.
881
0:46:26
0:46:29
All right, so I spoke to my people in Queens, right?
882
0:46:29
0:46:34
And what we have is I invested in a digital farmers market.
883
0:46:34
0:46:37
So I got a bunch of gang of people
884
0:46:37
0:46:39
that have a farmers market,
885
0:46:39
0:46:41
and it looks just like you in Africa.
886
0:46:41
0:46:45
Like they got these structures with tarp and the whole nine.
887
0:46:45
0:46:47
So I spoke with one of them men,
888
0:46:47
0:46:50
and what I wanna do is I wanna connect with the guys
889
0:46:51
0:46:54
that have the machine that's in Pennsylvania,
890
0:46:54
0:46:57
and I wanna purchase some of the board
891
0:46:57
0:46:59
or whatever that I can purchase,
892
0:46:59
0:47:04
and I wanna build a farmers market booth
893
0:47:05
0:47:08
out of the product, and I wanna tape it and everything
894
0:47:08
0:47:13
so I can use that media that I make as promotion
895
0:47:13
0:47:15
to help move forward, to show people
896
0:47:16
0:47:20
how we can take small things and create bigger things
897
0:47:20
0:47:22
with this opportunity.
898
0:47:22
0:47:25
So I'm willing to pay for some board
899
0:47:25
0:47:30
that I can make a farmers market storefront out of.
900
0:47:30
0:47:31
Is that possible?
901
0:47:33
0:47:34
There are a number of ways to do that.
902
0:47:34
0:47:37
I'm happy to talk about how you would do that
903
0:47:37
0:47:39
to do the promotion at a farmers market.
904
0:47:39
0:47:44
We attend a TCI, a textile,
905
0:47:45
0:47:49
an air company, but also the Australian industrial hemp allies.
906
0:47:49
0:47:54
We attend four exhibitions each year,
907
0:47:54
0:47:56
and we've got beautiful products to demonstrate.
908
0:47:56
0:47:58
You don't need to make it out of hemp.
909
0:47:58
0:48:00
We've got a whole bunch of products
910
0:48:00
0:48:01
that are available to be shown,
911
0:48:01
0:48:03
and people are fascinated by,
912
0:48:03
0:48:06
and I'll show you pictures of it at some point.
913
0:48:06
0:48:08
People are fascinated by all the possibilities with hemp,
914
0:48:08
0:48:11
and there's some wonderful ways to demonstrate to people
915
0:48:11
0:48:13
what hemp is capable of doing,
916
0:48:13
0:48:16
but you're absolutely on the right track
917
0:48:16
0:48:19
to show people what's possible to shift their mindset.
918
0:48:19
0:48:21
Yeah, I wanna build something.
919
0:48:21
0:48:25
I wanna build a small farmers market store first,
920
0:48:25
0:48:27
and then I'll create a relationship
921
0:48:27
0:48:29
with whoever I get the board from,
922
0:48:29
0:48:31
because once I do this,
923
0:48:31
0:48:33
then everybody else's booth gonna be wanting
924
0:48:33
0:48:34
to be made out of this,
925
0:48:34
0:48:36
because right now they're having an issue
926
0:48:36
0:48:38
with the way that they make it,
927
0:48:38
0:48:42
and those tops and everything, they leak.
928
0:48:42
0:48:44
So people are losing things.
929
0:48:44
0:48:46
So this is like you said,
930
0:48:46
0:48:48
everything about moving forward
931
0:48:48
0:48:51
is finding a solution to a problem.
932
0:48:52
0:48:55
So I found a place, man, where I can demonstrate.
933
0:48:55
0:48:56
Yes, I see what you're,
934
0:48:56
0:48:58
so the farmers market,
935
0:48:58
0:49:00
these are all the farmers who come in out of the open
936
0:49:00
0:49:01
and it's pouring rain,
937
0:49:01
0:49:03
and they wanna know.
938
0:49:03
0:49:04
Yeah, and they losing product.
939
0:49:04
0:49:06
Rain is going down into the chart.
940
0:49:07
0:49:12
So I was like, yo, we can build out the first store
941
0:49:12
0:49:14
out of the hemp creek boards and everything,
942
0:49:14
0:49:17
and then put something waterproof on the outside of it.
943
0:49:17
0:49:20
The rest of the market is going automatically follow suit,
944
0:49:20
0:49:24
and I already got the right to take the whole production.
945
0:49:25
0:49:27
Yep, very good.
946
0:49:27
0:49:28
Good, excellent thinking.
947
0:49:28
0:49:29
We'll talk about it.
948
0:49:29
0:49:31
Next question.
949
0:49:31
0:49:33
All right, that's the only thing I got.
950
0:49:33
0:49:34
I just need to do that.
951
0:49:34
0:49:34
Excellent.
952
0:49:42
0:49:45
I'm delighted there are no questions.
953
0:49:45
0:49:47
Hello, Keith, I'm delighted you know questions,
954
0:49:47
0:49:50
which means that I explained the story.
955
0:49:50
0:49:51
I do have a question.
956
0:49:51
0:49:52
I do have a question.
957
0:49:52
0:49:53
I love questions.
958
0:49:53
0:49:55
Yeah, so here in the US,
959
0:49:55
0:49:59
is machine, do you have a prototype of that machine
960
0:49:59
0:50:01
here in the US at all?
962
0:50:03
0:50:03
And where is it located?
963
0:50:03
0:50:07
Not a prototype, an actual machine, two machines.
964
0:50:07
0:50:08
Yeah, and where is it located?
965
0:50:08
0:50:09
What state?
966
0:50:09
0:50:11
Pennsylvania.
967
0:50:11
0:50:12
Pennsylvania.
968
0:50:12
0:50:16
So we could actually go out and actually see that.
969
0:50:17
0:50:21
Yes, subject to certain methods.
970
0:50:21
0:50:23
Yeah, okay.
971
0:50:23
0:50:28
Because the simple answer on just going and have a look,
972
0:50:28
0:50:33
it becomes very time consuming
973
0:50:34
0:50:36
for people who bought the machine
974
0:50:36
0:50:37
to then have people coming to have a look,
975
0:50:37
0:50:39
oh, that's very interesting.
976
0:50:39
0:50:43
The far better solution is for us to have a machine
977
0:50:43
0:50:45
that we have available to demonstrate
978
0:50:45
0:50:49
to all the farmers exposed,
979
0:50:49
0:50:51
the farmers, what do they call them?
980
0:50:53
0:50:56
In Australia, we have these big field days for farmers.
981
0:50:56
0:51:00
And so our game plan is to have a machine in America
982
0:51:00
0:51:03
that goes around to all of the farmers conferences.
983
0:51:04
0:51:06
That is the best way of doing it.
985
0:51:07
0:51:09
You call it farmer's fairs here in the US.
986
0:51:09
0:51:09
That's our plan.
987
0:51:09
0:51:12
Keith, that's what we're planning to do.
988
0:51:12
0:51:17
And it's only because of the madness of COVID
989
0:51:17
0:51:22
and the unwarranted government lockdowns,
990
0:51:22
0:51:25
it slowed us down in our plans,
991
0:51:25
0:51:28
but it requires a fair bit of money to make a machine,
992
0:51:28
0:51:31
ship it to America and then have it driven around America.
993
0:51:31
0:51:34
And then have it driven around America
994
0:51:34
0:51:37
at all of these expos, but that's the game plan.
995
0:51:39
0:51:41
Okay, so a couple of other questions.
996
0:51:41
0:51:45
What other machinery is competitive to this?
997
0:51:45
0:51:48
What other machine, if someone says,
998
0:51:48
0:51:53
well, I'm using this or I'm using that.
999
0:51:53
0:51:56
Is there another machine in the marketplace
1000
0:51:56
0:51:57
that does a similar function
1001
0:51:57
0:51:59
that we're gonna run up against?
1002
0:52:00
0:52:01
It doesn't matter, Keith.
1003
0:52:01
0:52:02
It does not matter.
1004
0:52:02
0:52:03
I'll tell you why.
1005
0:52:03
0:52:05
Number one, I'm satisfied that our machine
1006
0:52:05
0:52:07
gives the greatest return on investment.
1007
0:52:07
0:52:09
That's the only test that matters.
1008
0:52:10
0:52:13
Number two, return on investment is the test.
1009
0:52:14
0:52:16
Number two, I said before,
1010
0:52:16
0:52:20
there are half a million acres of hemp growing globally.
1011
0:52:20
0:52:24
One of our machines will decorticate
1012
0:52:24
0:52:28
two and a half thousand acres over the course of a year.
1013
0:52:28
0:52:32
So doing between one and two tonnes of stalk per hour.
1014
0:52:32
0:52:33
Now that's a lot of volume.
1015
0:52:34
0:52:36
This is a moveable machine.
1016
0:52:36
0:52:39
It takes half a day to move from one site to another.
1017
0:52:40
0:52:42
And you can buy a European machine
1018
0:52:42
0:52:46
that costs 10 million euro, 15 million US dollars,
1019
0:52:46
0:52:49
where our machine costs less than half a million dollars.
1020
0:52:49
0:52:52
And they will do 10 tonnes an hour, but it's fixed.
1021
0:52:52
0:52:55
You have to bring the stalk to that machine.
1022
0:52:56
0:53:00
Now, I'm not concerned.
1023
0:53:01
0:53:03
I don't know of any machine that's better than ours
1024
0:53:03
0:53:05
or gives a better return on investment,
1025
0:53:05
0:53:08
but I have no need for our machine
1026
0:53:08
0:53:10
to be the only machine in the market because...
1027
0:53:13
0:53:15
I've seen it was a boy, I might get out.
1028
0:53:16
0:53:18
Because the...
1029
0:53:21
0:53:24
Our machine will only do two and a half thousand acres
1030
0:53:24
0:53:26
over the course of a year on average.
1031
0:53:26
0:53:29
And our vision for just for Australia
1032
0:53:29
0:53:32
is we need a million hectares,
1033
0:53:32
0:53:35
two and a half million acres for Australia.
1034
0:53:35
0:53:38
America will be 10 million acres.
1035
0:53:38
0:53:41
That will need thousands of machines.
1036
0:53:41
0:53:43
Doesn't matter, I'm not worried about that.
1037
0:53:43
0:53:46
Because you can never produce too much hemp.
1038
0:53:46
0:53:47
That's the point.
1039
0:53:47
0:53:49
Hemp solves so many...
1040
0:53:49
0:53:51
You don't have to convince me.
1041
0:53:52
0:53:53
Also, my question is,
1042
0:53:53
0:53:58
what are the barriers that you have found
1043
0:53:59
0:54:02
that you run across in terms of
1044
0:54:02
0:54:04
having someone purchase this machine?
1045
0:54:04
0:54:06
What are the key one or two or three barriers?
1046
0:54:07
0:54:09
Sorry, Keith, you got...
1047
0:54:09
0:54:10
There's a bit of background noise.
1048
0:54:10
0:54:11
Say that again.
1049
0:54:11
0:54:15
I was asking, what are the one or two barriers
1050
0:54:15
0:54:20
that you have found in selling and marketing this machine?
1051
0:54:20
0:54:22
The buyers for end products.
1052
0:54:22
0:54:23
That's all.
1053
0:54:25
0:54:27
Buyers for end products.
1054
0:54:27
0:54:31
The fibre, herd, seed, dust.
1055
0:54:31
0:54:34
Those are your barriers, is that what you're saying?
1057
0:54:34
0:54:36
The second barrier is people say,
1058
0:54:36
0:54:38
I wanna see the machine operational.
1060
0:54:39
0:54:41
Most buyers go, I wanna kick the tyres,
1061
0:54:41
0:54:42
I wanna do this, I wanna do that.
1062
0:54:42
0:54:44
That's the second barrier.
1063
0:54:44
0:54:47
But the first barrier, and quite frankly,
1064
0:54:48
0:54:52
we are more profitable if we hire the machines out to farmers
1065
0:54:52
0:54:54
than sell the machine.
1067
0:54:55
0:54:57
That's a better financial outcome.
1069
0:54:58
0:55:01
It is a business model.
1071
0:55:02
0:55:03
We do both.
1072
0:55:03
0:55:06
We sell the machine and we hire it out.
1074
0:55:07
0:55:10
Now, farmers, why are farmers not growing hip?
1075
0:55:10
0:55:12
The answer is because they're not...
1076
0:55:12
0:55:14
The supply chains are more difficult.
1077
0:55:14
0:55:15
But of course,
1078
0:55:16
0:55:18
but of course, the...
1079
0:55:20
0:55:22
Of course, the profitability,
1080
0:55:22
0:55:27
of course, the profitability of anything follows the risk.
1081
0:55:28
0:55:31
And so supply chains in hip are more complex.
1082
0:55:31
0:55:32
So that's a big barrier, Keith.
1083
0:55:32
0:55:35
But those barriers,
1084
0:55:35
0:55:39
because politicians keep putting barriers in the way.
1085
0:55:39
0:55:41
For example, if you're producing medicinal cannabis,
1086
0:55:41
0:55:43
you'd have to destroy the stalk
1087
0:55:43
0:55:45
after you've made your crop,
1088
0:55:45
0:55:48
after you've produced your crop.
1089
0:55:48
0:55:52
So, but the biggest solution to driving the demand...
1090
0:55:52
0:55:54
Got a question.
1091
0:55:54
0:55:56
Hang on, is to educate the market.
1092
0:55:56
0:55:57
And I've got two more minutes
1093
0:55:57
0:56:00
because I'm finishing at 7.30.
1094
0:56:00
0:56:01
All right, Keith?
1095
0:56:01
0:56:02
So that's the other barriers.
1096
0:56:02
0:56:06
Market demand and then supply chain issues.
1097
0:56:06
0:56:08
And thirdly, I want to see the machine in action.
1098
0:56:08
0:56:09
Yes, next question.
1099
0:56:09
0:56:10
What's your name?
1100
0:56:10
0:56:12
All right, real quick.
1101
0:56:12
0:56:16
So I know that the model that Keith and them used
1102
0:56:16
0:56:20
with their investors was they gave them an opportunity
1103
0:56:20
0:56:23
to go to the farm and actually see the plants grown.
1104
0:56:23
0:56:27
What I'm saying is, is it an opportunity for us
1105
0:56:27
0:56:31
to create one walkthrough where we can collectively go
1106
0:56:31
0:56:34
and see these machines in operation?
1107
0:56:34
0:56:36
So we can go back and do our thing.
1108
0:56:36
0:56:39
Yes, because Craig knows who...
1109
0:56:39
0:56:42
Craig knows the operator of this machine in Pennsylvania.
1110
0:56:42
0:56:47
So Craig can have a conversation with Jerry in Pennsylvania.
1111
0:56:47
0:56:48
All right.
1112
0:56:48
0:56:50
You can keep it on what we're talking about
1113
0:56:50
0:56:52
because I know we all want to see it.
1114
0:56:53
0:56:56
My last question, my last question is,
1115
0:56:56
0:56:59
your company that's in the US,
1116
0:56:59
0:57:03
do they have an exclusive on the US?
1118
0:57:05
0:57:07
No one will get an exclusive.
1120
0:57:10
0:57:13
Keith and I, I already spoke with Jerry
1121
0:57:13
0:57:15
about you guys coming to see the machine in operation.
1123
0:57:19
0:57:24
I'm very, I'm not happy about people using the machine
1124
0:57:24
0:57:26
to suit themselves, have a look at it,
1125
0:57:26
0:57:28
and they've got no resources to do what they say
1126
0:57:28
0:57:29
they think they can do.
1127
0:57:29
0:57:32
I don't want to waste anybody's time.
1128
0:57:32
0:57:33
I know, that's not us though.
1129
0:57:34
0:57:36
So that's why, so Craig and...
1130
0:57:36
0:57:38
That's not what this group is about.
1131
0:57:38
0:57:41
It's up to Jerry and the whole team in Pennsylvania.
1132
0:57:41
0:57:43
So that's all.
1133
0:57:43
0:57:45
So if they're happy, I'm delighted.
1135
0:57:48
0:57:49
All right.
1136
0:57:49
0:57:51
It's 7.30.
1137
0:57:51
0:57:53
Thank you everybody.
1138
0:57:53
0:57:55
And please, I will send this recording.
1139
0:57:55
0:57:58
So I do urge you now, I have found
1140
0:57:59
0:58:02
when Adrian Clark first started educating me
1141
0:58:02
0:58:04
about the decodecator and him,
1142
0:58:04
0:58:07
I found I kept asking him questions
1143
0:58:07
0:58:10
that he had previously told me.
1144
0:58:10
0:58:13
And someone asked me another question and I didn't know.
1145
0:58:13
0:58:17
It took three, four, five times to deeply understand
1146
0:58:17
0:58:19
what he was telling me.
1147
0:58:19
0:58:23
And there's benefit in re-watching the recording
1148
0:58:23
0:58:25
for anybody who watches it
1149
0:58:25
0:58:27
to more deeply understand the issue.
1150
0:58:27
0:58:28
So thank you everybody.
1151
0:58:28
0:58:29
Wonderful to be with you, Craig.
1152
0:58:29
0:58:31
Well done for organizing.
1153
0:58:31
0:58:32
Thank you for the questions.
1154
0:58:32
0:58:35
I love questions because your questions help me
1155
0:58:35
0:58:37
to keep developing my thinking
1156
0:58:37
0:58:40
as they have over the last 10 years anyway.
1157
0:58:40
0:58:42
And I look forward to sharing this journey
1158
0:58:42
0:58:47
because I promise you that I am absolutely convinced
1159
0:58:47
0:58:50
it's not possible to grow too much hemp.
1160
0:58:50
0:58:53
I'm absolutely certain of that.
1161
0:58:53
0:58:56
And hemp can solve so many global problems.
1162
0:58:56
0:58:57
It's very exciting for me,
1163
0:58:57
0:59:02
provided that we get government out of the way.
1164
0:59:02
0:59:03
Thank you everybody for being here.
1165
0:59:03
0:59:06
I will now stop the recording.
1166
0:59:06
0:59:07
All right, I look forward to getting this.
1167
0:59:07
0:59:08
Thank you.