Canadian CANNAINVESTOR Magazine August / September 2019 | Page 235
HIGHHAMPTON
CSE: HC | FSE: 0HCN | HIGHHAMPTON.COM
WHY INVEST - THE CALIFORNIA OPPORTUNITY
Beginning Jan. 1, 2018, all
cultivation of marijuana in California
will require municipal AND state
permits to legally operate.
The supply of zoned, permitted areas to
cultivate in high demand & scarce while
many experienced cultivators struggle to
raise capital. High Hampton’s American
subsidiaries intend to actively purchase
land and buildings located in appropriate
zones to engage in both royalty and
leasehold agreements with tenants.
Many current growers do not meet the above
standards and will be forced to relocate
their operation to cultivation facilities that have
been granted Conditional Use Permits (CUP) from
their respective municipal governments.
Compelling operating businesses offering ancillary
products and services are starved for growth capital and
strategic partnerships. High Hampton will look to
capitalize on these cash flowing operations.
1M 7x
Medical Patients
California Medical
since 1996 Medical Market Size of
Canada estimated +
1,500 Legal Dispensaries
9M #1 260M
Population &
dense CMAs USA Boomers Population;
Age 65+ will double
(2015-2030) Tourism visits
each year
COACHELLEGRO ASSET
Located 28 miles (45 km) east of Palm Springs & 130 miles (210 km) east of Los Angeles
Progressive leadership in Coachella passed ordinance to remain most robust in California
Conditional Use Permits (CUP) granted to several companies holding approx. 300K sq.ft. of land
Highly trained agricultural workforce seeking bright future in cannabis industry
Medical marijuana business zone – one of the 1st in CA
Parcel size: 10.82 acres; purchased by CoachellaGro for US $1.9 million (2017)
CoachellaGro is pursing Conditional Use Permits (CUP) for 168,000 sq.ft. greenhouse facility for
production, extraction and administration
Q4 2017 - Q2 2018 CATALYSTS
Q4/2017
CUP -
Preapplication
Q1/2018 Q1/2018
CUP - Awarded Construction
Documentation
for Greenhouse
Facilities
Q2/2018
Tenant Deposits
w/option for license
Q2/2018 Q4/2018
Initiate Greenhouse
Facility Construction Opening of
Greenhouse Facility
& Start of Cultivation
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