The overall goal is to identify the highest value added market segments according to local conditions and capabilities. To that end, the following needs
to be accomplished.
Identify end users and values in the several market sectors for the various fractions of the plant.
Seed
Stalk
Hurd
A. "As-Is"
B. Value added - chemicals, other processing
Identify end users and steps in the value adding chain, broken down by plant fraction
A. Value of the various fractions
B. Cost to add value, return on investment, capital requirements
C. Map of value adding chain - identify
opportunities
D. Identify specific benefits of local production, calculate value
E. Companies that directly use large quantities of the fractions
Compile database of potential end uses relative to:
1) Capital costs, time factors, ROI and risk factors.
2) Identity of high value fractions & opportunities
3) Market contact information
A. Develop network of interested parties
B. Identify incentives for them to get interested
C. Formulate presentation materials
Business & Market planning
A. Document and justify business model based on results of first three activities
B. Complete a business plan for xyz company to enter and lead the
Industrial Hemp industry in Arizona
C. Complete a marketing plan for said fictitious company
D. Secure plant breeders rights, intellectual property etc.
Develop THC testing manual in concert with law enforcement community
A. Document methodology
B. Calculate costs
C. Identify funding method to cover costs
D. Liaison with law enforcement community
Identify barriers to development
A. List & describe barriers
B. Identify opportunities created by barriers
C. Devise solutions
D. Contingency planning
Processing development
A. Identify higher value processing opportunities
B. Capital requirements
C. R&D costs
D. Environmental concerns
E. Barriers & solutions
Capital resources
A. Identify sources of capital
B. Create presentation to attract capital
C. Justify needs
D. Calculate ROI and risk
E. Identify barriers & create solutions
Human resources
A. Determine human resource requirements according to business unit
B. Identify talent needs in the various positions
C. Document & Evaluate labor pool & costs
D. Compare costs
E. Best practices
Production Research Outline
