Gaia Grow (GAIA.V) is new entry to the agricultural space, with 1,494 acres growing in southern Alberta.
It’s not a small farm.
But the planted area is equivalent to 1,100 football fields.
The crop is hemp.
Which contains CBD.
CBD has experienced an accelerated consumer adoption-cycle – moving from health fad, to accepted medicine, to mainstream usage in the flutter of a humming bird’s wings.
BDS Analytics forecasts a CBD 49% compound annual growth, bringing the market size to $20 billion by 2024.
Gaia is a 1-month old company with a market cap of $15 million.
Fredrick Pels, the CEO of Gaia Grow, spoke with Equity.Guru’s Guy Bennett about the company’s growing objectives and the development of off-take partners “to ensure a successful sale and extraction process of the harvest.”
Full Disclosure: Gaia Growth is an Equity Guru marketing client