With every property that we obtain and develop, our company achieves measured growth.
EMERALD COAST
HOLDING COMPANY
80
As we develop our Products (Long Term Leases, Property Flips, Lease Back Program, etc.), we will gradually be adding properties to our real estate portfolio. As we acquire and develop these properties, our net worth as a holding company will steadily increase. We plan on acquiring and developing these real estate assets gradually, as our funding will allow, in order to ensure steady growth for our shareholders. We have earmarked several properties that are perfect for licensing and cultivation, and that are exclusively available to us at this time. Some of these properties contain initial plots that are are ready for planting now, and many contain the potential for development of additional plots. The factor that most of these properties have in common is that they are all due to be reassessed for their viability as cannabis related agricultural properties, once they are developed further. Each reassessment will be followed by a re-appraisal and further positive adjustments to our asset portfolio.
Some of the properties available to us also meet the regulatory conditions to qualify in 2023 for Type-V Cultivation Licenses (unlimited acreage), making these parcels far more valuable to our shareholders, once they are completely developed. If we can purchase some of these parcels before they are reassessed, we will realize asset gains just by virtue of owning the properties.