Business Objectives and Milestones
The Corporation’s primary business objectives are fourfold: (i) to become the most popular and successful
wholesale brand in the Nevada wholesale cannabis market, (ii) to continue to grow its Canna Hemp line of CBD
wellness products into a top over-the-counter nutraceutical direct-to-customer brand, and (iii) to become profitable
and cash flow positive, and (iv) to expand vertically in Nevada through entering into a business arrangement with a
dispensary operator, and/or to pursue entry into new markets and opportunities for its current businesses. In order to
achieve all of these goals, the Corporation has identified a number of significant events that must occur, as detailed
in the table below:
Description Timeline Estimated Cost to
Complete
Completing capital improvements to the
Corporation’s existing cultivation facility to increase
yields
Completed $500,000
Relocate its hemp CBD business from the currently
leased premises to a Corporation owned building
Completed $35,000
Acquire a small dispensary operator or enter into a
business combination with a multi-state operator
seeking to add the Nevada market to its business or
enter new markets through acquisition or merger
12 – 24 months Up to ~$35 million