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Green Growth, LLC

Cannabis Real Estate For All
INVEST

39dd11hh

Time left to invest

77% funded (of minimum target)

min$10k

max$1070k

funding goal 

$10k - $1070k

funding goal 

Regulation CF

exemption used 

Regulation CF

exemption used 

$3,000,000

pre money valuation 

$300.00

min investment 

$7,700

amount committed 

14

investors 


Security Type
Convertible Debt

 

 

Pitch

Who are we

 

Green Growth Real Estate is a diversified investment vehicle that acquires and leases specialized real estate assets for the hemp and cannabis industry. Capitalizing on the new hemp and cannabis legalization in the US and Canada, the company plans to expand its operations in the Caribbean region. As part of their agricultural revitalization, countries like Jamaica, St. Vincent, and the Grenadines, and Antigua and Barbuda, recently decriminalized hemp and medical marijuana. This measure encourages hemp and cannabis established companies to open specialized facilities in the region.


Our senior management team has significant experience in the real estate industry, including acquisitions & leasing, development, management, and finance. This skills that will differentiate Green Growth from the competition.

 

Problem

 

The increasing use of hemp and medical marijuana in the US and Canada, combined with the legalization of the drug, is leading to widespread business opportunities in the Caribbean countries and the United States.

 

The possibilities to use industrial hemp as a raw material are numerous. More than 25,0000 products can currently be derived from it, such as textiles, construction materials as well as cannabidiol (CBD), used to alleviate anxiety disorders and many other medical conditions.

  

Licensing authorities from both the United States and the Caribbean are now inviting companies to submit applications to supply the nations with approved hemp and medical cannabinoid. This initiative will lead to a dramatic increase in demand for specialized real estate equipment.

 

Hemp & Farm Act of 2018

Hemp, or industrial hemp, is a strain of the Cannabis sativa plant species that is grown specifically for the industrial uses of its derived products. 

 

CBD stands for cannabidiol and it is the second most prevalent of the active ingredients of cannabis (marijuana) and hemp. As compared to THC it doesn’t have an intoxicating effect and does not make you high.

 

Cannabidiol is now legal?

The Hemp Farming Act of 2018 removed hemp (defined as cannabis with less than 0.3% THC) from Schedule I controlled substances and classified it as an ordinary agricultural commodity. 

 

The Hemp Industry - US

One of the goals of the 2014 Farm Bill was to stimulate and protect research into hemp. The 2018 Farm Bill continues this effort. Section 7605 re-extends the protections for hemp research and the conditions under which such research can and should be conducted. Further, section 7501 of the Farm Bill extends hemp research by including hemp under the Critical Agricultural Materials Act. This provision recognizes the importance, diversity, and opportunity of the plant and the products that can be derived from it, but also recognizes an important point: there is a still a lot to learn about hemp and its products from commercial and market perspectives. 

 

The new regulation in the Caribean and the changes in State's law in the United States, a perfect timing that will fuel the industry growth in both regions.

 

With the new progressive rules on hemp medical cannabis, the Carribean is well-positioned to support domestic markets and drive international trade as well. Lower entry barriers and low-cost production will drive investment and greater involvement in the region.  

 

Significant industry growth in recent years and expected continued growth:

  • A shift in public opinion regarding the legalization of cannabis, especially as it relates to the medical use of cannabis:
  • Increasing momentum toward legalization in many states, particularly for medical uses:
  • The federal government’s current changing enforcement posture toward cannabis-related activities

 

Solution

 

Capitalizing on the new legislation Green Growth will build tangible value through hard assets (equipment) and real estate. The low-risk participation in a billion-dollar sector and the retention and valuation growth of a hard asset can be quickly and easily repositioned if needed. We are high growth, low risk, and regulatory compliant.

The acquired assets will be leased while simultaneously taking advantage of the asset appreciation and long term financial gains. 

  • Lease the asset through a long-term lease contract. A very stable and predictable revenue stream with marginal overhead. The property rehabilitation and the inclusion of clean energy will lead to tax deductions that will mitigate the reduction or EBITA and increase net profits.
  • Asset appreciation. A traditional hold strategy. As part of our long-term strategy, we will look into additional farm acquisitions and build a portfolio of high-value assets and potentially position the company for a buy-out from a public company.

 

Social and economical engagement

On top of short and long term financial gains, the company will participate in educating investors and users about the potential of the hemp and cannabis real estate and the benefits of the end product. Becoming a reference on the market will open the door to business diversification and leadership.

 

We will actively support the region’s economic revitalization by creating jobs and by offering investment opportunities in the hemp and cannabis industry. 

 

As part of the same initiative, Green Growth will establish development programs aimed at educating about sustainable agricultural practices for both hemp and cannabis.

 

Achievement & Traction

 

Over the past few years, management has been successful in many ventures including: real estate development, social entrepreneurship and global strategic consulting. 

 

As shared in the biography, Ambassador Dr. Parsan has also been given the following recognition: Conferred the title of Colonel Honorable Neil Parsan by the Governor of the Commonwealth of Kentucky, U.S.A.; Award for Leadership by the City of Philadelphia and the Africa and Caribbean Business Council; Proclamation of Ambassador Dr. Neil Parsan Day in the Cities of Boston, Hartford, Doral, and Miami; Statesman Award from Memorial of Congressman Payne; and the key to the City of Broward County, Florida.  

 

His Excellency is an Honorary Member of the International Committee on HIV/AIDS on Capitol Hill, the Women's Foreign Policy Group, the American Association of People with Disabilities, and the Americas Society. 

 

Ambassador Parsan is also on the Board of Advisors of the National Student Leadership Foundation of the USA. He was a Director at several companies and has consulted on several special projects locally and internationally.

 

 

Market

 

The Caribbean Market

 

“The Caribbean real estate market is hot as ever”

 

The Caribbean tends to lag six to 12 months behind the United States when on a downward cycle or during recovery or economic growth. While the U.S. is, in many aspects, headed toward recovery, the Caribbean is lagging behind by at least several quarters, if not a year or more.

 

However, there are some bright spots in the Caribbean that are mitigating some of the region’s economic challenges. 

  1. Tourism is up. The Caribbean Tourism Organization is reporting a continuation of growth in tourism statistics around the region. Since tourism heavily impacts the overall economies and real estate markets of the various jurisdictions, this is good news.
  2. The success of the legalization movement across North America means that entrepreneurs in the hemisphere’s two richest countries are getting a head-start creating companies and the infrastructure necessary for a legal global export industry. Those who come late to the marijuana business will end up mere consumers of their products, rather than producers and owners. This vast chain of  islands, with so much sunlight, is prime for marijuana cultivation.

 

The region's competitive advantage is their climate, soil, and geographical location which allows for a much longer growing season. The Caribean is in need of an agricultural revolution and the hemp industry promises the needed jobs in the farming sector. An industry that also offers unique opportunities to foreign investors. Continuous efforts are being made to promote legislation to make hemp a viable industry and to attract producers and investors.

 

After proper study and with the right framework and timing, legalization has added another pillar to an economy in need of reinvigoration.

 

In global capitalism, the greatest wealth is derived from ownership. The hemp and cannabis industry could generate significant wealth for locals and investors.

 

 

 

Competition

 

Balram “Bali” Vaswani

So far in 2018, the Jamaican government has issued 15 business licenses, including one to Balram “Bali” Vaswani, who works to update Jamaica’s cannabis culture, via his latest enterprise Kaya Herb House in Ocho Rios, a resort town on Jamaica’s northern coast. 

 

420 Property

 https://www.420property.com/  

Is a Cannabis & Hemp Real Estate Marketplace. A Source of Cannabis & Hemp Real Estate & Business Listings, Financing, Insurance, Professional Services. 

 

Our competitive edge is the ability to bring large industrial operations to the Caribean focusing on business to business opportunities which may include retail. Being further up the production allows for greater profit margins and less risk. 

 

Business Model

 

Our business model has 3 core components:

 

Hemp Farming and Industrial Leasing

National US Trends suggest that prospective marijuana growers lack the money to bankroll their own sites and are increasingly turning to companies that specialize in leasing land to cannabis cultivators. That has created a boom in the emerging real estate leasing business – and given cultivators a new avenue for launching their companies.

According to real estate firms that lease to hemp and cannabis growers, the market is growing, fueled by new legislation and increased demand for specialized facilities to grow the plant. Investors, meanwhile, are pouring millions of dollars into these businesses. Looking ahead, the expected growth of these companies is expected to transform cannabis cultivation, with mega grow sites becoming more the norm, some experts said.

 

“Cannabis is going to be a $20 billion industry in 2020. Someone is going to have to build millions of square feet of infrastructure, which is going to take billions of dollars to produce the product that will generate that forecasted revenue,” said Tim Keogh, CEO of Denver-based AmeriCann, which has properties in Colorado, Illinois, and Massachusetts. “As of now, the infrastructure isn’t there to meet those numbers.”

 

Following the US Trend, Green Growth will apply the same principals in the Caribean Market. 

 

Education & Marketing

Green Growth will focus on educational opportunities that will explore the best practices as it relates to CBD Cultivation, Fiber and Grain Cultivation and Selecting Genetics. By providing pertinent information, Green Growth will have a competitive advantage allowing for a seamless transition into the market. 

 

Hemp Accessories, Products, and Services

 As commercial opportunities grow in the Carribean, Green Growth will strategically diversify. The company will form alliances with manufacturers and producers of hemp and hemp-related products/services including fabrics, fibers, body care, paper, home goods, and industrial hemp products. 

 

Each of these opportunities will become multiple streams of income which will yield a greater return on investment. 

 

Team

 

The President/CEO

 

 

His Excellency Dr. Neil Parsan, DVM, MBA, CACM, RFC

 

A former Executive Secretary for Integral Development at the Organization of American States  (OAS) as confirmed by thirty-four (34) countries through the Inter-American Council for Integral  Development (CIDI) in September 2015. Dr. Neil Parsan assumed the position of  Ambassador Extraordinary and Plenipotentiary to the United States of America, non-resident  Ambassador to the United Mexican States, and Permanent Representative of Trinidad and Tobago to the Organization of American States (OAS) in February 2011, a position held for five years.

 

Dr. Parsan earned his Undergraduate Medical Degree at the University of the West Indies, Faculty of Medical Sciences, where he graduated with Distinction. After spending eight (8) years as a Lecturer/Tutor at the Faculty of Medical Sciences (UWI), he pursued a Master of Business Administration (MBA), where he graduated as Top Student with Distinction. He also holds a Registered Financial Consultant (RFC) Degree, a CACM from Harvard University School of Public Health, and a World Trade Professional Degree from ITM Worldwide in Sweden. Dr. Parsan was also awarded an Honorary Doctorate for education, culture, and humanitarian work from the American University, registered with Cambridge University (UK) and the Congress of Mexico.

 

Ambassador Parsan is presently the Chairman of the Global Gas Council; Chair of the Board for the Global Alliance for Surgical, Obstetric, Trauma, and Anaesthetic Care (The G4 Alliance); and a Director of the Young Americas Business Trust (YABT) and the Arthur Lok Jack Graduate School of Business (GSB) Alumni Board. 

 

Dr. Parsan has also been given the following recognition: Conferred the title of Colonel Honorable Neil Parsan by the Governor of the Commonwealth of Kentucky, U.S.A.; Award for Leadership by the City of Philadelphia and the Africa and Caribbean Business Council; Proclamation of Ambassador Dr. Neil Parsan Day in the Cities of Boston, Hartford, Doral, and Miami; Statesman Award from Memorial of Congressman Payne; and the key to the City of Broward County, Florida.   His Excellency is an Honorary Member of the International Committee on HIV/AIDS on Capitol Hill, the Women's Foreign Policy Group, the American Association of People with Disabilities, and the Americas Society. Ambassador Parsan is also on the Board of Advisors of the National Student Leadership Foundation of the USA.  He was a Director at several companies and has consulted on several special projects locally and internationally.

 

Use of Funds

 

The charts below explain how we intend to use the funds raised.

 

 

 

Updates


Q&A


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Morgan Carroll
Morgan Carroll - Issuer 3 weeks ago
How long will it take to get paid

Documents

Offering Statement View Download
Form C View Download

Other Disclosures

Read the Form C filed with the SEC for other important disclosures, like financial statements, Directors, Officers, shareholders with more than 20% of voting rights, and more.
Use of Proceeds
The allocation of the use of proceeds among the categories of anticipated expenditures represents management’s best estimates based on the current status of the Company’s proposed operations, plans, investment objectives, capital requirements, and financial conditions. Future events, including changes in economic or competitive conditions of our business plan or the completion of less than the total Offering, may cause the Company to modify the above-described allocation of proceeds. The Company’s use of proceeds may vary significantly in the event any of the Company’s assumptions prove inaccurate. We will retain broad discretion in the allocation of the net proceeds from this Offering, reserve the right to change the allocation of net proceeds from the Offering as unanticipated events or opportunities arise and could utilize the proceeds in ways that do not necessarily improve our results of operations or enhance the value of our Common Stock. Additionally, the Company may from time to time need to raise more capital to address future needs that we may not have anticipated as of the date of this Offering Circular.
Special Note Regarding Forward-Looking Statements
This offering contains forward-looking statements within the meaning of the federal securities laws. We caution investors that any forward-looking statements presented in this offering, or which management may make orally or in writing from time to time, are based on the Company’s beliefs and assumptions made by, and information currently available to, the Company. When used, the words “anticipate,” “believe,” “expect,” “intend,” “may,” “might,” “plan,” “estimate,” “project,” “should,” “will,” “would,” “result” and similar expressions, which do not relate solely to historical matters, are intended to identify forward-looking statements. Such statements are subject to risks, uncertainties and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties and factors that are beyond the Company’s control. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. While forward-looking statements reflect the Company’s good faith belief when made, they are not guarantees of future performance. The Company expressly disclaims any responsibility to update forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Moreover, we operate in a very competitive and rapidly changing environment, and new risks emerge from time to time. It is not possible to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this offering may not occur, and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. We undertake no obligation to revise or publically release the results of any revision to these forward-looking statements, except as required by law. Given these risks and uncertainties, prospective investors are cautioned not to place undue reliance on such forward-looking statements.
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