105
June 2019 - June 2020
Second Year Operating Expenses = $500,000
Pay Second (Final) Installment
of Mendocino Purchase = $100,000
Pay County and State Fees
for Rezone of Prairie = $15,000
Begin Escrow Process for R.M.
Properties (G.A. & V.P.) (@ 20% down) = $4,000,000
Begin Development of R.M. Properties
(infrastructure & greenhouses) = $4,000,000
$8,615,000
June 2020 - June 2021
Third Year Operating Expenses = $1,000,000
Develop Mendocino Property = $1,017,600
Prepare R.M. Properties for lease
and sale, respectively = $4,000,000
Operations Loan to Emerald Coast
Cannabis Farms (Mendocino) = $3,000,000
Operations Loan to Emerald Coast
Cannabis Farms (Humboldt) = $4,000,000
Identify and Purchase "Type 5"
property(s) to develop for 2023 = $2,000,000
$15,017,600