Proposed Medical Marijuana Production Facility
In Formation: The Valley Farms Medical Group. Private Stock 1,000,000 Shares
Stock Availability 500,000 Shares
Stock Offer: $50/share with quarterly dividends. This will increase to $100 per share at 100,000 Shares Sold.
Stock Holding period: 1 year
Confidentiality Agreement required to protect processing secrets.
On 22 December 2015, Colombia's president has signed a decree fully legalizing medical marijuana in a shift away from preventing drug crop production.
Juan Manuel Santos said the move put Colombia "in the group of countries that are at the forefront...in the use of natural resources to fight disease".
But, he said, the country would still fight illegal drug production. Up until now, marijuana production in Colombia had fallen into a legal grey area.While a 1986 law allowed for the manufacture, export, sale and medical and scientific use of marijuana, the practice was, until Tuesday, never formally regulated.
Anyone wishing to grow marijuana must now apply to the National Narcotics Council for a licence. Medical marijuana is used for medical ailments such as Crohn's disease, seizures, HIV and nausea.
Last year, Mr Santos, who has admitted smoking cannabis while a student in Kansas in the 1970s, said legalization would take drug production out of the hands of drug traffickers.
In addition the U.S. Senate today passed the FY2016 Military Construction and Veterans Affairs (MilCon-VA) Appropriations Bill, which includes language to allow Veterans Administration (VA) doctors to recommend medical marijuana to their patients in states where medical marijuana is legal. The language was included as an amendment in the Senate Appropriations committee in May.
“Veterans in medical marijuana states should be treated the same as any other resident, and should be able to discuss marijuana with their doctor,” said Michael Collins, deputy director of national affairs for the Drug Policy Alliance. “It makes no sense that a veteran can’t use medical marijuana if it helps them and it is legal in their state.”
On December 16th, 2015 tucked deep inside the 1,603-page federal spending measure is a provision that effectively ends the federal government's prohibition on medical marijuana and signals a major shift in drug policy.
The bill's passage over the weekend marks the first time Congress has approved nationally significant legislation backed by legalization advocates. It brings almost to a close two decades of tension between the states and Washington over medical use of marijuana.
Under the provision, states where medical pot is legal would no longer need to worry about federal drug agents raiding retail operations. Agents would be prohibited from doing so.
We are in the process of putting together a small investment group to go forward with the construction and production of facilities including growing fields.
We are not limiting the growing fields to our Cordoba farms as the quality for Medical Marijuana may require other varying environmental conditions for the best results. We are currently investigating six zones in Colombia to determine the best area for the product.
Statistics show that historically one meter of land will produce between 400 to 500 grams of cannabis buds. The cost to grow and process cannabis in Colombia is from $2.50 to 3.50/lb, and you can sell it for $2000-5000/lb.
Extracting cannabis oils (CDB and THC) adds a new dimension to sales. The extraction process is estimated at one pound of trim produces 28 grams of concentrate.
Concentrate will be processed into varying strengths of Vape capable oil.
Our sources say hash oil retails for around $50 per gram in Seattle, with wholesale rates of $20 to $30 per gram. The pound rate—if it exists—would be $9,000 wholesale or more. Therefore 72 ounces of liquid hash oil would carry a $40,000 price tag.
Outdoor production: one plant per square meter
Indoor Production 4 plants per square meter
Cordoba, Colombia 100 Hectares available (There are 10,000 Square Meters per Hectare).
Cauca, Colombia 50 Hectares Available
Markets include dispensary locations around the world to include the United States Veterans Administration. Controlled production allows for a medically sound product.
Investment Data Due Diligence