IGP Stock Discussion

Imperial Ginseng Products Ltd. Description

Imperial Ginseng Products Ltd. is engaged in the cultivation and processing of ginseng in the province of Ontario. The Company is engaged in selling the dried ginseng to wholesalers in Asia and North America through distributors. The Company has harvested approximately 96 acres and produced a total of over 283,000 pounds (lbs) of ginseng, yielding approximately 2,960 lbs per acre. It has approximately 490 acres under cultivation. The Company owns approximately two farm properties consisting of approximately 150 acres of farmable land in total. The Company has seeded approximately 20 acres and is maintaining over 60 acres of ginseng for Ponderosa. The Company's subsidiary is Canadian Imperial Ginseng Ontario Ltd.

Sector: Consumer Defensive
Industry: Farm Products
Keywords: Farm Herbs Dietary Supplements