BCF: We are Veteran owned and operated. Our first growers are already on board.
CI: What disadvantages do you have with your competitors and how do you plan on resolving those disadvantages?
BCF: Most of our competitors are larger companies, that have access to capital. We're currently raising funds and with our Veteran title, many companies have been wanting to work with us to get our name and brand out to customers.
CI: What are your major hurdles and obstacles?
BCF: Timing, legislation and cash flow. Timing is an big issue, we know that Maine has vetoed the first round of regulations, this will prolong our opening of the farm. Legislation will tell us what we will need to do to have our farm operational, so there will be delays of work flow implementation that will need to be decided upon after regulations are passed. Cashflow. We want to limit our debt to property costs. In order to maximize our capital, we will want to pay with cash as much as possible, with the exception of the land and properties.
CI: Do you plan on scaling the platform beyond Maine?
BCF: Yes, 5-10 years down the road depending on federal legislation.
CI: What previous experience does management have to assist Blue Cord Farms in executing on its business plan strategy?
BCF: Robert has helped design and build up an Infantry company in the military, as well as running a multimillion dollar parts program for an airline. Austin has
had years of experience with legislation and the cannabis bill in the Texas legislature as well as his own social media platform. Mat has been growing for
over 14 years.
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