CI: Are the risks for investors minimized due to the fact Blue Cord is only leasing the property and not growing?
BCF: Yes, this keeps us from being liable. Obama’s Administration implemented a rule in the DOJ that stated if the states are implementing proper regulations and those companies that receive licenses from the state, they will not be prosecuted by the federal government. Trumps administration has not hinted that they would not still abide by that rule.
CI: What is your estimated revenue growth rate from Year 1 to Year 5?
BCF: We expect to see a 35% increase every year. We believe this is a conservative number for this new and untested market. We do expect this number to increase as the growers become more efficient with the farm’s growing system. Colorado tax revenue increased by 35% between 2015 and 2016. We do expect that type of growth based on other markets.
CI: What will be your three largest annual expenses?
BCF: Consultants, greenhouses, and personnel.
CI: What would be investors exit strategy if they invest in Blue Cord Farms?
BCF: We do not have plans on selling the company within the next 10 years. The offer Blue Cord Farms has is included with an exit strategy for all crowdfunding investors.
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