Previously a Houchens Sav-A-Lot grocery store building 14,000 square feet on a 20 acre site on the east edge of Russellville. Suitable for redevelopment commercial, retail or housing.
XYZ CBD GROUP INC. – XYZ CBD FARMS & XYZ CBD PROCESSING
Profiting in the rapidly emerging Cannabidiol (CBD) industry requires a high-quality production facility with proven ability to meet product specifications. XYZ CBD GROUP INC is creating a distinct business model that targets the rapidly developing CBD market by building and setting the standard in quality. Current CBD production is based on smaller-scale facilities in the U.S. with few having the ability to meet large-scale commercial demand. XYZ’s long-term production capacity plans will meet large scale commercial demand with creditworthy customers. The facility will be designed and constructed with quality assurance and quality control measures comparable to the pharmaceutical industry. This allows large companies to purchase high grade CBD purified oil & isolate – consistently meeting product specifications. Regulation stifled research, development, and production of CBD, over the last 70+ years, creating ample opportunity to become a
leading company in CBD production as major barriers have been removed since the passing of the 2018 Farm Bill- (December 2018)
Because of the many CBD benefits witnessed through research and testing, current production capacity falls well short of demand, and growth projections. This is particularly important today because of the emerging trend in CBD usage and becoming widely accepted by governmental bodies – including the FDA(3). By becoming a high quality, large scale operation, XYZ CBD Group, Inc. is making it more difficult for smaller, micro-scale independents to capture and hold fractions of the overall market share.
To build the company and reach our growth objectives, the following are key aspects crucial for XYZ CBD’s success:
• Progressing in stages to building a world-class production facility (Major distributors, wholesalers, and producers will select XYZ because of its product quality, consistency, and recognition as a market leader.
• Expanding our product sales through several channels
(Athletes, Veterans, patients, pet market, weightlifters, pharmaceuticals, skincare, LOHAS, and cosmetics – all forecasted consumers of CBD.)
• Integrating the overall supply chain
• Maximizing economic performance by embedding XYZ CBD into the CBD consumer industry.
We not only want to help define the industry standard, but also aim to become the leader in market share that is currently underserved.
Start-up funds will be used as operating capital to supplement grant and private monies as part of a larger project. The larger goal is to bring renewable energy infrastructure to Appalachia, where the WTE systems were invented. This includes rotary kiln, gasification, and solar power components. We have customers interested at the city, county level in Kentucky and government land is available for factory facilities to manufacture and ship Phoenix 21 units to other states and global customers (we have customer interest from China, Saudi Arabia, Brazil, and Israel) after production begins. Millions of dollars have been invested globally in order to optimize Waste-to-Energy; however, to date, most systems require extensive pre-treatments including sorting, drying, shredding along with transporation costs to locations where large systems handle waste due to high costs involved with installation, operation, and repair. We solve the needs of smaller locations that may not have adequate funds or waste supplies to warrant larger systems. Our systems are also scalable to meet customer needs for large cities. There are no commercial products, services or innovations that are already in the market that compete with our novel improvements; we predict product sales and income from our WTE systems within approximately 18 months of funding. We are unaware of any related research and commercial innovations currently available and a patent and public information search has confirmed this (the USPTO will confirm as we prosecute our patent/s). The proposed project builds upon previous work by team members and in the WTE industry. If successful, we predict that our products will find market acceptance, become profitable, create jobs, and grow the economy locally in KY, in the US and eventually globally. Team members offer success in taking start-up companies from ideas through R&D and to product sales in highly competitive markets such as biotech, software, IT, environmental quality, and WTE. Over ten total patents have been granted to team members (including in WTE, gasification, agriculture, and biotech areas) not including patent that are in the process of being submitted.