• Sales Price is <33% of cost; Financing available via Sweet Leaf Capital, subject to approval; Favorable lease through 12/31/21 with one 3 yr option

• +400,000 lbs of annual biomass extraction capacity; low variable and fixed cost structure; Seller has relocated its minor cannabinoids business

• Turn-key, leased facility; move-in ready immediately

• Delta Separations ethanol extraction system only in-use intermittently since June 2019; domestic equip; system purchased new, factory installed

• Facility is fully permitted (Adams County); occupancy permit for hemp extraction assigned to facility (no transfer approvals needed)

• All installed extraction equipment and tenant improvements included

Permitted Facility Specifications

>$600,000 in improvements, installation and permitting (took one year to obtain) costs

Electrical – 600 amps, 208/220V, with power strategically placed

All code required safety fittings including eyewash and safety showers (2), required cleaning sinks and drains, signage, security cameras, ventilation, etc.

5,670 total sf; approximately 1,000 sf office and rest production facility

Two commercial overhead doors, one dock high

Outdoor storage area large enough for 8’x8’x40’ storage and solvent containers

Leased through 12/31/21 at $13-$14/sf NNN ($18/sf total) with one (three) yr extension

Space to increase capacity with additional equipment and/or upgrades to current or to conduct distillation, isolation, product packaging and/or other operations

Installed Equipment Description

Ethanol (cryogenic, hybrid and ambient) biomass extraction facility – all equipment is included required for extraction to crude including 50L rotovap and chiller

Delta Separations Cup30 Extraction and Falling Film Ethanol (FFE) Recycling equipment with all installed heaters and chillers; true closed loop with inline filtration; cryochiller – lightly used in the period June 2019 through January 2020

HAL Extraction C1/D1 explosion proof booth

So-Low walk-in cryo freezer; winterization, decarb oven and filtration equipment

Lab benches and cabinets – over sixty linear feet of double-sided work area

8’ laboratory fume food with electrical, ventilation and water

Storage racks for biomass, storage; scale; air compressor system; decarb oven