Turnkey Greenhouse Growing Infrastructure

Early estimates show a greenhouse can produce twice the amount of marijuana at less than 50% of the cost compared to warehouse production

Sponsored
Bougainville Ventures Inc Profile

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Why Bougainville?

  • Landlord for licensed marijuana growers in the United States
  • Brilliant business plan that removes all risk and appeals to traditional real estate investors
  • Bougainville does not “touch the plant” by only providing agricultural infrastructure to tenants
  • Converts irrigated farmland to greenhouse-equipped farmland
  • Ready for occupancy
  • Room for expansion

Recent Milestones

  • Signed LOI to enter in to Funding and Asset Purchase Agreement up to 39% with Thrive Nutrition Products Ltd. Read More
  • Corporate Update on Oroville Campus Read More
  • Signed Production Agreement with Co-Packing Company  Read More
  • Bougainville Ventures, Oregon Hemp Farm Signing LOI with USA Hemp to Process 298 Acres of Hemp Read More
  • Hired Processing Company to Process the First 1,700 lbs of Hemp Read More
  • Commenced Planting at Oregon Hemp Farm & Construction of Drying Facility Read More
    Bougainville and ESEV R&D Begin Formulation Process for CBD Energy Drink Read More
  • Enters in to Funding and Asset Purchase Agreement with Island Biopharma Inc. Read More
  • Signed Sponsored Research Agreement for a CBD Energy Drink With Israeli Based R&D Company - Read More
  • Bougainville and Project 470 Acres Enter the Canadian Hemp CBD Extraction Markets - Read More
  • Acquired Interest in Five Alberta Retail Locations  Read More

Agriculture Improvement Act of 2018

On December 12, the United States Congress voted to pass the Agriculture Improvement Act of 2018, more commonly referred to as the Farm Bill.

As well as including important policy extensions for certain areas in agricultural and nutritional policy for the next five years, the bill also confirms the legalization of hemp — the term given to cannabis containing less than 0.3% tetrahydrocannabinol (THC) — and provisions for its cultivation, transport, and sale.

Early estimates show a greenhouse can produce twice the amount of product and at least
less than 50% of the cost compared to warehouse production.

Oroville, Washington

Leading up to final inspection the tenant grower will be required to provide updates detailing how the build-out is progressing and will include proof of this progress, until the location is final inspection ready. Proof of progress can come in the form of copies of permitting paperwork, photographs of construction, and or other supporting documentation that shows progress has occurred at the cultivation facility in Oroville, WA.

The first 10,000 sq. ft. of a 30,000 sq. ft. Tier-3, I-502 production and processing license is already built.  In addition to the 10,000 sq. ft. in-door space the tenant is planning to plant a 20,000 sq. ft. out-door crop as well. The tenant is licensed to build out up to 30,000 sq. ft and once fully built-out the facility will be able to house 1,500 to 1,800 plants. The tenant grower has decided to plant an auto-flower strain of cannabis for its in-door and out-door season.

Turnkey Growing Facilities

Development Phases

Announced the signed definitive agreement that completed the acquisition of Worm Castings Transaction

  • 10 acre hemp farm is currently being planted. 

Worm Castings is the owner of a Oregon State Hemp production and processing license, issued by the Oregon State Regulatory approval board. The hemp farm in Oregon has a crew of 20 persons planting 28,000 plants and finalizing the laying of mulch and drip lines that will be completed by the end of the week. The genetics being used are premium high quality cloned hemp plants with 10-15% CBD and 0.3% THC resulting in maximized CBD oil content within each plant. In addition, all plants grown on the farm will be pesticide and chemical free with a proven top soil mix that will increase plant growth by 20%.

Bougainville Ventures Inc. and ESEV R&D Begins Formulation Process for CBD Energy Drink
 
Further to the Israeli sponsorship research agreement announced in the Company’s news release dated May 14, 2019, management  has paid a 10% deposit to ESEV R&D to begin the formulations process on the water soluble cannabis-based (CBD) supplement energy drink.
The final report will include;
  • clinical trials results,
  • sourcing of ingredients,
  • PH balance,
  • nutritional chart,
  • shelf-life,
  • cost of ingredients and contacts

    Legalized States - Cannabis legalization is spreading across the Nation.


     

    Industry estimates show $27 billion in infrastructure will be needed to meet a full legal US market and Washington State alone will need $679 million in infrastructure.

    Market Overview

    • Currently up to 650,000 recreational marijuana users in Washington State, worth approximately $1.5 Billion USD in annual sales.
    • Beyond the traditional uses for cannabis, the industry has benefited from edibles and CBD/THC products for medical use.
    • Upward trajectory of growth in the U.S. market is positively forecasted for years to come.

I-502 License Holders Current Challenges

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Last changed at 11-Sep-2019 09:38AM by AGORACOM