Project

Project Objectives 2024-2030

 

  • To achieve its objective, a long term (ten year) sequenced growth path leveraging proprietary knowledge and technologies in primary production, processing, manufacturing, and environmental sectors
  • A sequenced development phase, with low capital market entry with milestones investment rolled out over three stages in line with project complexity, market and technological challenges.
  • The implementation of operational functions and early systems adoption better manages technical complexity. These will include primary production, manufacturing, supply chain management, quality certification, sustainable packaging, warehousing and storage and finally logistics and distribution, all underpinned by our ThriveTechâ„¢ process.
  • Primary Production and processing facilities designed as an efficient Hub & Spoke enterprise, with Townsville Hub as final product and distribution centre.
  • A low-risk pathway, allowing the product and customer base to evolve, generate sales establish the considerable workforce, operating systems to the domestic and global brands, provides investor & government confidence.



Plan

  • To build Australia’s largest hemp cultivation through whole plant utilisation.
  • Setting up main hub and satellite manufacturing facilities for Food, Fibre & Plant extraction and production.

Goals

  • Create co-op farming model with NQ farmers and encourage hemp as rotation crop.
  • Use first crop to finalise application $50m low interest loan from Northern Australian Infrastructure Facility (NAIF).
  • Expand to 30,000 Ha of co-op growing with two 15,000 Ha crops a year of multiple hemp varieties.
  • Match the construction of vertical production & extraction facilities with the material results the crops provides.