HCI: Your raising $20M in capital and use of proceeds for Year 1 is listed in your Investor Pitch Deck. Will you need to complete another capital raise in Year 2?
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EP: Not Likely
HCI: I understand your exit strategy could be an IPO or acquisition. Could you give us an example of what type of companies that could have a future interest in acquiring Elemental Pharma?
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EP: Big tobacco, alcohol companies, or companies that have the same synergies as us in the hemp business may potentially have future interest in Elemental Pharma.
HCI: How do you plan on increasing from 30 acres of CBD production and 60K plants to 250 acres of CBD production and 500K plants in 2020?
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64