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Tuesday, December 10, 2019 9:54:25 AM
- Revenue from the U.S. marijuana industry expected to reach over $21 billion by 2021, according to ArcView Research Group.
- Acquired $6 million 265-acre Estrella Ranch property in Paso Robles, California.
- Experienced legal, environmental and public company management team.
- Received cultivation/nursery and distribution licenses for its nurseries in Coachella and Paso Robles, Calif. In negotiation with San Louis Obispo City Council for Hemp production license at Estrella Ranch.
- Received California state distribution license from the California Bureau of Cannabis Control.
- Established statewide distribution division for distribution of cannabis products throughout California.
- Installed the first of several planned state-of-the-art self-contained production PODs at its California facility.
- Entered distribution agreements and "7X Pure" Private Label Agreement with botanical company.
- Acquired minority equity positions in three small established CBD companies.
- Engaged renowned expert legal, environmental engineering and compliance teams, as well as research teams with highly recognized athletes and published experts to commence with leading-edge research to explore the application of cannabinoid products for human and equine applications.
- Planned expansion into the sports and cosmetics markets for CBD or THC-infused products.
- Continues to explore potential acquisition targets and strategic alliances.
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