When it went public in September of last year, Bougainville Ventures (BOG:CSE) started out as a cannabis real estate company, providing turnkey greenhouse solutions to tenant growers with a long-term goal of emulating the McDonald’s real estate model. That model is still at the core of BOG but company principals are using their expertise to slowly but surely create a vertically integrated powerhouse. More than just lip service, the Company has announced the following in 2019 and we haven’t even hit June yet:
- April 15 – Acquired an interest in 5 Alberta retail locations
- April 25 – Binding LOI to construct a Canadian Hemp/CBD processing facility
- May 14 – Signed A Sponsored Research Agreement With Israeli R&D Company For A CBD Energy Drink
- May 23 – Acquired An American Hemp production and processing company to produce high-quality CBD extracts
We sat down with Bougainville Director, Richard Cindric to find out how these significant developments all tie in together as the Company races towards becoming a vertically integrated player.