Nutranomics Inc (NNRX)

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Finally, some numbers:

Taken from page 29 of the recently released annual report:

On September 19, 2019, the Company entered into an agreement to purchase 100,000 pounds of industrial hemp with a CBD content of 14% or greater and THC content of less than .03% with a commercial hemp farm in California.

On September 20, 2019, the Company entered into a financing and profit-sharing arrangement with a third party to provide the working capital need to purchase the hemp. The arrangement provided $550,000 for a 25% deposit on the hemp purchase and financing for transportation and initial processing into CBD. Repayment of the initial funding and profit sharing is expected once the final processing into CBD is complete and the end product is paid for by the ultimate purchaser.

Between October 1 and November 25, the Company, arranged for transportation and delivered 310,000 of hemp certified to be 14% or greater in CBD content with THC content below .03% to a processor and distribution partner. Separate agreements between the company and: logistics company, the processor/distributor and the farmer are being finalized.