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Speaking to our Investors:
Here are some of our findings from our most recent trip to South Africa and Lesotho.
Why Lesotho
In our search for the best place in the world to grow cannabis, we researched satellite data on Daily Light Integral (DLI) based on photosynthetically active radiation based on Photosynthetic Photon Flux Density (PPFD) from satellite data across all continents, elevations, temperature averages and ranges, precipitation averages and humidity.
This information is carried over to the world map below where, all else held equal, the areas marked by the black lines are superior from the PPFD data. Within those areas, the other factor – elevations, temperature averages and ranges, precipitation averages and humidity – narrow the regions that are optimal. The lavender shaded geographic regions are the seven best locations to grow cannabis when all data is jointly considered and have the potential to compete with Lesotho based on these natural and climate factors.
Among these regions, Lesotho stands out for its advantages in labor skill and cost, energy reliability and cost, supply chain stability, and public policy that supports cannabis businesses.
We are proud to be board members and part of management of Lesotho-based Bophelo Biomed and Wellness, with its great leadership, proud social mission, and vision of being the engine of the growing Lesotho ecosystem of natural medicine. We are also invested in Prosperity Farms, also a Lesotho-based cannabis grow run by an excellent team. More updates on our Lesotho progress will follow. We are happy to be part of establishing Lesotho as the future of cannabis growing for a global supply chain.