Friday, May 11, 2018 3:23:35 PM
The Company leases land to grow hemp and other agricultural products under a joint venture profit sharing agreement for 15 years. This joint venture will be operated under a separate subsidiary. First time payment was made on behalf of this joint venture while the subsidiary sets up.
On June 17, 2017 the Company signed a 15 year master lease for an initial 15 acres of land, with an option and first right of refusal to increase the leased acreage to between 65 and 1,000 acres, the leases may be renewed for an additional 10 years by notice, with the Estate of Holt/HRM Farms; Tribal Member Owned Land in San Joaquin Valley, CA under a Joint Venture Agreement for the purpose of growing industrial hemp for the purpose of cultivation of CBD oil for distribution and other down stream revenue generation and growing other agricultural products.
https://www.manta.com/c/mmpf4qm/hrm-farms-inc
Categorized under Wholesale Grocers. Current estimates show this company has an annual revenue of $10 to 20 million and employs a staff of approximately 5 to 9.
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