TetraFarm Wiki
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What are the plans for using funds raised from investors?
Infrastructure Development and Expansion:
Opening new greenhouses and increasing the production of medical cannabis. The plan to open 2–4 greenhouses per quarter requires significant investments in construction, technology, and equipment. After the 20th greenhouse is built, all NFTs will be converted into company shares, with plans for an IDO (Initial DEX Offering) to follow.
Retail Development:
Opening new retail outlets in the countries targeted for expansion (Switzerland, Spain, Czech Republic, Germany).
Technological Innovations:
Investing in advanced technologies and research to enhance production efficiency, improve product quality, and implement innovations.
Marketing and Promotion:
Allocating funds for marketing campaigns, advertising, PR, and other activities to attract consumers and expand market share.
Operational Expenses:
Financing day-to-day operations, including salaries, rent, utilities, logistics, and other operational costs.
Legal Support and Licensing:
Meeting the project’s legal support needs, obtaining necessary licenses, and adapting to regulatory requirements in different countries.
Reserve Fund:
Setting aside a portion of funds for a reserve fund to cover unforeseen expenses or respond to potential risks.
Business Diversification:
Depending on market needs, funds may be invested in new business areas or related projects.
Employee Training and Development:
Investing in staff training, courses, workshops, and seminars to enhance team skills and professional growth.
Sustainability and Ecology:
Funding initiatives aimed at ecological sustainability and the social responsibility of the project.