ESTABLISHMENT & DEVELOPMENT

The land to be used for the establishment of BudzCorp comprises a 45,000 meters irrigated arable plot situate in Andalucía, Southern Spain – approximately a thirty minute drive north of Malaga airport and shipping port

The BudzCorp project is being established in three distinct phases:

1. Test Grow

2. Roll-out of Farming Process

3. Establishment of Laboratory and Processing Plant

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Phase 1 – TEST GROW

Establishment & Development of Aquaponic / Hydroponic Double Root Marijuana Farming System;

10 x Poly Tunnels (9.14m x 27,43m) – to produce 5 Strains of High Grade Marijuana utilising 15% of acquired land in Andalucía

Establishment Cost: $198,000 (Capital Expenditure 10 Tunnels Equipped)

Production Cost: $206,000 (Incl. Distribution)

Wholesale Value: $650,000 (From 10 Tunnels @ $2 per Gramm SP)

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Phase 2 – ROLL-OUT

Roll-out to 40 Tunnels – Utilising 50% of plot.

(Yield based on 2.8 Harvests per Tunnel);

Total Cost: $2,901,200 (Incl. Establishment Expenditure)
Wholesale Value: $7,280,000

Year 2 Illustrative:

(Yield based on 4 Harvests per Tunnel);

Total Cost: $3,296,000
Wholesale value: $10,400,000

Phase 3 - ESTABLISHMENT OF LABATORY & PROCESSING PLANT

It is the intention of BudzCorp to develop a fully equipped and operational laboratory and processing plant for the production of high grade marijuana extractives. This development will commence in Q2 of year 1 with an expectation for completion and commencement of operation by Q4 Year 1. The guidelines for the development are as follows:

    • Site Planning
    • Preliminary Project Plan
    • Schedule & Budget
    • Site Plan Approval
    • Development
    • Architectural Drawings
    • Construction Management
    • Certificate of Occupancy
    • Building Permits
    • Installation & Compliance
    • Equipment installation
    • Training
    • Verification & Validation
    • Project Completion

The estimated costs for development & equipping Phase 3:

Building (Incl. PP & Permits): $150,000

Equipment:

STORAGE
EXTRACTION
FILTERATION
EVAPORATION
DECARBOXYLATION
DISTILLATION
$005,000
$380,000
$025,000
$255,000
$020,000
$300,000


Estimated throughput value per annum:
$12,000,000 P/A - (based on wholesale spot price of $3,500 / kg of distillate)
*All amounts quoted are estimates and for illustrative purposes only