The Company operates fully licensed indoor and outdoor CBD hemp seed growing facilities in Washington State, Idaho, Arizona, Minesota and Oklahoma. The Company also has broad-acre CBD hemp crop growing operations in 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 growing and CBD hemp 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 at a lower price than if it entered into traditional farm ownership or leasing arrangements. 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 actual costs incurred in all aspects of the operation, by both the Company and the farmer, are then reimbursed in full on a pro-rata basis when the various CBD and hemp products produced on the specific land are sold. The profits derived from the sale of each crop, when all the seed, biomass, crude, distillate, isolate and final “Botanic Wellness” and “Opulent” branded products have been sold are then shared on a 50/50 basis between the Company and the farmer.