The Company operates fully licensed indoor and outdoor CBD hemp seed growing facilities and CBD hemp crops in Colorado, Arizona, Texas, Missouri and Oklahoma in the USA. The Company also imports CBD hemp seeds from the USA to Australia and operates licensed CBD hemp seed and CBD hemp growing operations in New South Wales under various licenses and permits and under a number of different joint venture farming operating arrangements.

The Company’s, joint venture farming agreements enable the Company to plant and cultivate significant acreages of crops. Under the agreements the farmer contributes their farmland, general farming expertise, machinery and labor to plant, grow, maintain and harvest the crops at pre-agreed costs and the Company contributes its CBD hemp seeds, licenses and permits, and specific CBD hemp growing, processing and sales and marketing expertise also at an agreed cost.

The Company proposes to further develop its existing USA farming operations and to expand into additional USA States as and when further strategic opportunities arise. The Company also plans to expand its Australian growing operations in New South Wales and to establish in-house extraction, processing and manufacturing facilities in Australia when it becomes commercially feasible.

The Company sells seeds, biomass, crude, distillate and isolate, and produces final retail products which it supplies and sells in the US, Europe and Australia.