HBB13 LLC | Application Preview
HBB13 LLC is seeking government grants to enhance its agricultural cannabis business by investing in high-efficiency lighting and covering a portion of its lease expenses. The company requires $63,000 for 60 lighting units at $1,200 each and $43,000 for assistance with a 30-month lease.
By implementing proper lighting, HBB13 LLC plans to optimize production by staggering grows, allowing two crops to mature simultaneously and doubling output in half the time. They also have aspirations to expand their growing space and create job opportunities in the future.
As a small family operation, led by a mother-and-son team, HBB13 LLC aims to produce high-quality yields, focusing on community support and making a meaningful impact. While there are larger competitors in the cannabis sector, such as Chalice Farms and Nectar, HBB13 LLC finds consistent buyers for its products due to their ability to adjust pricing based on market fluctuations. Their smaller scale allows for better quality control, lower costs, and the production of superior cannabis, giving them a competitive edge in the market.
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General Information
Business Registration Number: 1145636-95
Location: Falls City, OR, United States
Length of Operation: 6-10
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
We have $20,000 of high efficiency lights. The lights are $1200 each and we need 60 to fill the growing rooms. That is $63,000. We also need $43,000 for assistance with our 30 month building lease.
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Business Plan
With proper lighting, we can stagger grows so that two crops are growing at the same time. More plants can be added also, producing twice as much in half the time. We are always streamlining the process to improve production. We would like to build additional grow space on the property in the future. We plan to hire employees. We are a small family agricultural cannabis business bringing our expertise growing experience to produce large high quality yields to help people who need it. We are a mother and son team willing to work hard and do what it takes to make it in this business. We are still around, we love this business, and want to make it our life's work to help others and give back to our community.
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Self Identified Competition
There are many other cannabis producers, most larger than ours, Chalice Farms & Nectar being the top competitors in Portland. We are in Corvallis, closer to Salem. Although the market is sometimes flooded, we are always able to find buyers for our product. The more volume we have, the easier it is to sell our product as we can take a lower price. The market fluctuates, so we try to sell when prices are the highest. We are smaller which helps us to have way better quality and control, no bugs or mold. We can grow larger high quality flower with no errors. Our costs are much lower.
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