New Age Farm owns two parcels of prime agricultural land that can yield a greater return for investors than other farms in the growing land bank industry. Its Langley property contains 48,000 square feet of greenhouses, a 2700 sq. ft. office, accommodation, and a substantial amount of quality peat soil that is ready for excavation & processing. The on-site greenhouses are ready for upgrades which will command premium lease rates, along with a warehousing plan that will yield full use of the facilities. New Age Farm’s 2.69 acre Sumas property features 6700 sq. ft. of existing structures in an established agricultural area and New Age Farm has its first lease in place with the first tenant-grower.
Joining New Age Farm’s investor group will grant investors the opportunity to be part of the Company’s end goal of scaling and duplicating the business model for increased holdings and company revenue. As similar properties become available throughout the country, New Age Farm plans on replicating its adaptable, repeatable model to take advantage of its knowledge of current and emerging trends in the farming industry over the coming years.
New Age Farm will provide a full service turnkey farming operation that can process, store, and sell, and services the tenant-growers that lease its properties and facilities. As an added benefit to the company and the customer, additional plants and stock can be stored and handled in the Company’s facilities for additional revenue. By making New Age Farm a cash-producing vehicle, investors will be part of a replicated model that will yield strong future payoffs.
New Age Farm’s management team and directors have extensive business building experience, combined with the scientific and financial backgrounds needed to succeed in the agricultural land bank industry. Company President and CEO, Carman Parente, has enjoyed success in the Health and Wellness space with his company, “Natural Health Solutions”. In a short time the company generated more than 1,000 accounts across Canada, resulting in strong gains for the company. Read more about the backgrounds of our management team here.
New Age Farm has two farming campuses ready to customize for its tenant-growers. Because new entrants into farming face major challenges, New Age Farm’s environmentally green agri-campuses will provide them with everything they need to start growing crops.
New Age Farm’s agricultural land bank provides the ideal solution for these new tenant-growers with bespoke, sustainable turnkey operations at our Langley, BC and Sumas, WA campuses. Both these sites are prime agricultural, zoned for agribusiness, currently have tenants and are ideal for New Age Farm’s turnkey operations.
They also face a large income gap between planting and harvest and must be concerned with sustainability and environmental issues.
New growers face many entry barriers including the cost and availability of land, building infrastructure, acquiring specialized equipment and the commercial cost of resources such as water and electricity.
New Age Farm provides ready-to-grow facilities that provide full services to its tenant-growers from seed to sale, all included in a single lease agreement.
Using the existing infrastructure, New Age Farm plans upgrades, additions and improvements to its Langley Campus to create a state-of-the-art, fully built-out green campus that will attract tenant-growers of high yield, high cash value crops.
The planned facility will make the Langley Campus the gold standard for green farming initiatives and will be an example of what can be accomplished in sustainable growing practices.
Planned upgrades to the Langley Campus include the addition of geothermal heat, solar hot water heating, a LEED certified warehouse and complementary processing facilities. New Age Farm has recently begun the first preparations at the site for these planned upgrades and will keep stakeholders informed of progress via its regular news releases, available here.
The Langley Campus will be a “seed to sale” facility with everything the tenant-grower needs available when needed.
We have signed two leases with tenant-growers, who will move in after build-out is completed. Site preparations have begun at the Sumas Campus and New Age Farm will keep stakeholders up to date as the project progresses.
The inaugural tenant-growers will be typical of the clients who will lease our turnkey solutions. We expect our facilities will attract tenant-growers who wish to operate as an agricultural production and processing operation, producing and processing products for resale. New Age Farm’s full-service campus will provide all the infrastructure needed to take their product from seed to sale.
New Age Farm’s turnkey agribusiness solution will help our future tenant-growers realize the full potential of their crops. With our state-of-the-art green agri-campuses, we will eliminate the challenges and barriers to entry that new growers face. By providing turnkey solutions that eliminate the need for those entering an agribusiness to acquire land and equipment, build the infrastructure required for growing and processing and to overcome the income gap between planting and harvest, we are the catalyst for our tenant-growers to create a successful business.
At a cost of $2.5 million for each build-out, New Age Farm’s turnkey solutions mean that a tenant-grower will be able to arrive at a ready-to-go site with no up front costs and no barriers to getting right down to business. That initial investment in each tenant-grower can translate into millions of dollars in revenues for New Age Farm.
106-1641 Lonsdale Avenue
North Vancouver, BC
New Age Farm Inc is engaged in the development of the agriculture based business in Langley, British Columbia.
|Issuer Type:||CS - Common Stock|
|NAICS:||All Other Grain|
|Last Price 0.14||Change $ 0.005||Change % 3.85||Tick N/A|
|Bid 0.14||Bid Size 47,500.00||Ask 0.14||Ask Size 279,500.00|
|Open 0.13||High 0.14||Low 0.13||Prev Close 0.13|
|Last Trade||Volume 719,459||52 Wk Hi 0.37||52 Wk Low 0.015|
|Market Cap 16.1 mi||Ex-Div Date N/A||Div Rate N/A||Yield N/A|
|Shares 119,484,317.00||EPS (TTM) -0.04||PE Ratio N/A||Exchange CSE|