ACQUISITIONS

HEMP FARM SHARE

Member of the Farm Share, LLC Family of Companies

Industry Type       : Industrial hemp cultivation and processing
Location                  : La Grange, NC
Purchase Price     : 1.5 million shares common stock & $866,750 for existing inventory
Acquisition Type : Stock & Cash
Production            : 2019 – Harvested 50 acres Hemp; produced 1,136 gal (4300.2 Ltr) CBD oil; processed into 795 gal (3009.4 Ltr) high-grade full-spectrum distillate
2022 Forecast      : Harvest 75 acres Hemp; produce 1,704 gal (6450.3 Ltr) CBD oil; processed into 1,192 gal (4512.2 Ltr) high-grade full-spectrum distillate

Projected Crop Share Economics 50 Acres 1 Acre
Net Harvested Yield (processed to Delta-8)* $1,125,000 $22,500.00
Cost $375,000.00 $7,500.00
Net Return $750,000.00 $15,000.00
CBD Hemp Yields 50 Acres
Gross Yield 2000 lbs. per acre
Percent (%) CBD 10.00
Net Yield after Extraction 200 lbs (90 kgs) per acre
Final Delta-8 yield 22.5 Kgs per acre
Delta-8 $1000/kg