Primordia is one of the Company’s key recent acquisitions, closing the deal in April 2021. Amongst the acquired assets is a substantial existing client base and e-commerce site that will benefit the Company with immediate sales.
Primordia combines a relationship with a legacy agriculture group with the potential to farm up to 10,000 acres. This combination creates an ideal supply chain solution for large companies looking to fulfill their needs that would otherwise be a challenging barrier to entry into the hemp product market.
Our thinking is quite simple: utilize our access to thousands of acres of prime farmland and deploy state-of-the-art extraction and refinement technologies in cGMP labs, in turn producing great products that help us live better, healthier lives.