CANNAINVESTOR Magazine U.S. Privately Held Companies November 2017 | Page 121

Business Plan

Mat and Robert eventually came up with the idea of Blue Cord Farms. Originally, It was to be in Texas, but with all cannabis legislation dying before they adjourned, they turned their heads to Maine where Mat was already growing. The concept is simple, Blue Cord Farms, Inc. is a real estate company that purchase land, greenhouses, and buildings needed to develop a turnkey farming operation. These farms are available for rent and can be built to cannabis farmer's specs.

With the current trend of recreational cannabis becoming legal in 8 states, the opportunity has developed for a new market, with high demand and high margins. Companies that establish themselves and get to the market first will reap the rewards. For Blue Cord Farms to accomplish this, we will need to do the following:

Apply for a recreational license. Caregivers are given

priority.

Buy 5-10 acres of land, greenhouses and a barn.

Work with consultants to develop a turnkey farm complete

with, lighting, solar panels, irrigation, SOPs for farm

procedures, and light deprivation.

Licensed growers will be able to produce five grow seasons

from the farm.

The licensed growers will rent the property and

greenhouses back from Blue Cord Farms.

Open a dispensary in town.

Cater to the town’s strengths. (support local veterans

and community outreach)

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