The partnership synergistically assist one another with each playing essential roles, utilizing their network for expansion, creating efficiencies, and alleviating expenses all while maximizing their role in the $113.7 billion agriculture sector.
ZAAG assists through its 60% ownership of E-Roots Manufacturing, Inc. (“ERM”), Inc. to manufacture vertically integrated growing system (“Farm”). ZAAG within a week after acquiring ERM has already purchased a system with an expected April 2022 delivery date and anticipates to generate revenue within the Summer of 2022. The Company will assist ZAAG with the marketing and distribution on its harvested produce, while ZAAG will facilitate the Company’s Farm orders. GMEV assists through its 60% ownership of Foundation Farms 2021, Corp., providing the knowledge in order to grow the produce along with the marketing and selling of those produce being grown within the Farm to both the Company and ZAAG with an annual fee per Farm.
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