The Company may, at its election, directly invest in private entities within the cannabis sector either through stock purchase agreements, debentures, joint ventures or a hybrid of each. The Company’s planned investments will focus on those entities whose near-term goals are to maximum shareholder value through the filing of an initial public offering or a corporate event that takes the entity from private to public.

At present, the Company is completing its due diligence on a CBD reseller/distributor in the State of Florida for a joint venture or possible acquisition. The Company anticipates entering into a Letter of Intent with the CBD reseller during the 1st Quarter of 2018.

 

In addition, the Company has identified two leases of tribal land in the state of Arizona and California for “grow” operations. The Company is working through a third-party for its due diligence and negotiation of terms. No formal agreement has been reached as of January 21, 2018.