Primo Nutraceuticals, Inc. is following a necessary trend in CBD production with its recent partnership, providing a self-sufficient and sustainable way to grow Hemp year-round. Leveraging channel partnerships and lowering costs to increase production is a logical trend in growing hemp. The company has been judicious in forging and seeking partners as they expand operations.
President, Andy Jagpal said, “We’ve been seeking to enter the California cannabis market for some time now. California is the leader in cannabis consumption and finding the right partner to work with is a critical first step. We are so lucky to be working alongside an industry leader like Aqua Farming Tech. By leveraging Aqua Farming Tech self-sustaining infrastructure and resources allows our Company to enter this massive California market with little to less start-up capital required if we were to do it alone. The end result of this relationship will be to produce a CBD oil sold as Certified Organic.”
The company intends to leverage Aqua Farming Tech’s success in aquaculture and agriculture by utilizing the current infrastructure in place. Primo will be able to capitalize on the sustainable features of the Aqua Farming Tech operations which include:
- Any electricity used will be generated by solar power
- The 20 Acre plot has a water drip system already in place located in the N.E corner of the 120-acre farm
- Nutrient-dense “fish feed” comes from algae and moringa organically grown on-site
- The water used to raise the fish is re-circulated through ponds that contain plants which clean the water for re-use
- The nutrient-rich fish pond water used to irrigate the moringa crops will also be used to water the 20-acre hemp farm
- This, in turn, will make our product “Certified Organic Hemp”
This lease agreement combines Primo’s hemp growing experience in Oregon and the prime California outdoor cultivation location will allow the company to grow all year round with the potential to harvest three crops a year using Aqua Farming Tech’s Self-Sufficient Sustainable growing technology in aquaculture and agriculture operations.
Primo expects to produce over 25,000 lbs of dried hemp biomass from the 20-acre parcel per harvest three times per year. Future phases of the lease agreement will explore the potential of further expanding the outdoor hemp production beyond the current 20-acre site, through the option of another 80-acre site nearby in Coachella Valley California. The execution of all phases will allow Primo to develop into a large outdoor organic hemp cultivator in California State.
Primo Nutraceuticals Inc. (PRMO) provides strategic capital to the thriving cannabis cultivation sector through ownership and development of commercial real estate and farm-friendly properties. Primo is dedicated to funding the rapid growth in production, processing, retail and branding of cannabis and cannabis-related products in Canada and the United States. Primo provides fully built out turnkey facilities equipped with state-of-the-art growing infrastructure to cannabis growers and processors. In addition to the Company’s flagship hemp project in Oregon State and the Greenhouse campus in Washington State, Primo has invested in several brands and is pursuing partnerships with retailers and distribution companies in Canada and the United States. Primo’s management is in the process of building a corporate road map to further vertically integrate the Company, specifically by way of “Primo” branded retail outlets – offering “Thrive,” “Primo,” and a selection of curated partner brands. The Company possesses proprietary formulas for cannabis edibles, topical, and tinctures. Primo is focused on building a strong presence in the hemp industry with the objective of extracting and selling cannabinoids (CBD) products in both Canada and the United States.