JD I think this is one no one is paying attention to. These guys are in bed together, pardon the expression. Huge?? Ah, yeah!!! Added a few 10-packs today. To say that the potential here is anything but massive would indicate knowing little about this teams dynamics.
LVVV was a stake-holder in Mojave Jane. High Hampton buys Mojave and installs MJ's co-founders as CEO and COO of High Hampton. Something much bigger is going on here.
Revenue will arrive in Q1 of 2019. Two of High Hampton's current brands, Cali-Gold and Mojave Jane are well recognized for quality and have cleared the State's licensing hurdles and begun operations. Experienced teams are in place and all necessary equipment is already on hand or has been ordered. Both businesses will produce and ship products and deliver revenue in the first quarter of 2019 and show significant growth across the year.
Distribution is next. Bravo, High Hampton's cornerstone distribution business, has made excellent progress toward operations as well. A 15,000 square foot facility is under lease in West Sacramento . The appropriate applications have been submitted, and the facility and the business expect to be licensed in early Q2 and operational in late Q2 of 2019. A proven team with a long history of success in the distribution is in place to navigate the complex distribution regulations, operate the business, and create and maintain market presence and demand. Bravo will, of course, distribute the full line of products from Mojave Jane and CaliGold.
Vertical integration across the portfolio has begun. High Hampton's facility in Cudahy, CA has met its milestones as we close the year. The conditional use permit has been received, along with the crucial development agreement, city permits, and State temporary licenses to operate. Those licenses allow us to build out the Cudahy facility and begin building out expanded manufacturing (Type 7), distribution, product production, and R&D level cultivation to develop and refine specific cannabis strains.
Design and development of CoachellaGro continues. High Hampton's 11-acre property in Coachella, CA received its conditional use permit, allowing design to begin. Additionally, power has been committed to the property on a scale that matches the full buildout plan. Design and development of CoachellaGro are being carried out in a modular fashion to allow High Hampton to respond to the changing market dynamics for flower and bio-mass in California.
2019 will be an active and exciting year. In 2019, High Hampton will secure its complete supply chain from the plant to distillates and concentrates to edibles and flower-based products. Establishing our brands and controlling the distribution of those brands to California's largest markets in the North and the South will provide "touch" from the plant to the consumer. And that level of control and insight will allow us to thrive as the market evolves and keep us in good standing with respect to evolving regulations.
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