ARKANSAS MEDICAL MARIJUANA COMMISSION


ARKANSAS ALCOHOLIC BEVERAGE CONTROL 0 1515 W. 7TH
STREET SUITE 503 0 LITTLE ROCK, AR 72201

09/14/2017

Arkansas Medical Marijuana Commission,

Thank for accepting this amendment with the BOLD TEAM,
LLC operating agreement attached.

If there are any questions or concerns please contact the
BOLD TEAM, LLC ?s applicant, Mark Drennan, either by
email or phone.

Mark Drennan

LIMITED LIABILITY CONIPANY AGREEMENT
OF

 

BOLBTELLC

SAS LIABILITY COMPANY

 






Table of Contents

 

 

 

 

 

 

 

 

Page
1
Purpose and Powers 1
Formation: Tenn; Existence 1
Registered Office; Registered Agent 1
Members 1
Interests 1
Capital Contributions 2
Percentage Interests 2
Tax Treatment 2
Disn'ibutions 3
Management I 3
Assiments 4
Resignation and Withdrawal 4
Additional Members 4
Dissolution 4
Distributions unon Dissolution 
Cancellation 5
Limited Liability: 5
Amendment 5
Governing Law 5
Severabiligg 5
Notices 5
Forum Selection/Consent to Jurisdiction 5
Counterpart Execution 6

 

Relationship between the Agreement and the Act 6

LIMITED LIABILITY CONIPANY AGREEMENT

OF

BOLD TEAM LLC

A ARKANSAS LIMITED LIABILITY COMPANY

 

 

 

 

 

 

IN WITNESS WI-IEREOF, the undersigned have caused this Limited Liability
Company Agreement of Bold Team LLC to be executed Danny W. Brown



Mark Drennan

    

Misty Drednail 

MNAT -10313916.3

BOLD TEAM LLC
SCHEDULE A

Dated as of/TUg t/

Name and Address of Members:

Danny W. Brown

 

Mark Drennan

Kvndall Lercher

 

Misty Drennan

 

Ca ital Contributions:

 

,20 

Percentaginterests:

24.50

24.50

25.50

    

a:

     

ll:?

 

 

'th-u?ng? 171:7"- ?a 
0F STAELTE-
i; 55". 3"
.. . ,1

Mark Martin
ARKANSAS SECRETARY OF STATE

To All to Whom These Presents Shall Come, Greetings:

I, Mark Martin, Arkansas Secretary of State of Arkansas, do hereby certify that
the following and hereto attached instrument of writing is a true and perfect copy of

Certificate of Amendment

of

BOLD TEAM LLC

filed in this office
September 10, 2017

In Testimony Whereof. i have hereunto set my hand
and affixed my official Seal. Done at my office in the

 

Online Certificate Authorization Code: 13523459b672a0d37cb
To verify the Authorization Code, visit sos.arkansas.gov

f_ . City of Little Rock, this 10th day of September 2017.
Mark Martin
RE: Secretary of State

til 

Jui-
drill 

I Etfg?i h. ?t?hi [inf so;

  


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st: -. WW it

 FILED - Arkansas Secretary of State - Mark Martin - Doctf: 9059542001 - Filingt 811138675 - Filed On: 91712017 - Page(s): 1

Certificate of Amendment to Art. of Organization

Filin . Information
Entity File Number: 811138675

Alt Entity Type: 
Name: BOLD TEAM LLC
File Date: 2017-09-07 14:10:14
Alt Tax Type: LLC
Filing Signature: DANNY W. BROWN
Amendment Date: 2017-09-07

Amendment Text: The Articles of Organization for Bold Team, LLC, are amended to
correct the spelling at one of the members name being Kyndall
Lercher rather that Kendall Lercher as reflected in the original filing
and to correct the address of members Mark Brennan and Mist
Drennan to ather than

5 re?ected in the

 
 
 
   
 

 

 

Ilng art at 0 sal mem rs.



 - Arkansas Secretary of State - Mark Martin - Doc#: 9064560001 - Filing#: 811138675 - Filed On: 9I10I201T - Page(s): 1

Certificate of Amendment to Art. of Organization

Entity File Number: 811 138675
Alt Entity Type: 
Entity Name: BOLD TEAM LLC
File Date: 2017-09-10 17:20:26
Alt Tax Type: LLC
Signature: DANNY W. BROWN
Amendment Date: 2017-09-09

Amendment Text: The Articles of Organization as amended is further amended to
correct the address 01 members Mark Brennan and Misty Drennan
to

I?l

    

 

 

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Mark Martin
ARKANSAS SECRETARY OF STATE

To A to Whom These Presents Sha Come, Greet ngs:

I, Mark Mart n, Arkansas Secretary of State of Arkansas, do hereby cert fy that
the to ow ng and hereto attached nstrument of ng a true and perfect copy of

Articles of Organization

of

BOLD TEAM LLC

fed nthso??ce
Juy13, 2017

In Testimony Wheroot I have hereun 0 so my hand
and aft xed my off 0 a Sea Done a my off ce he
yoiL eRock hs 13hday ofJuy 2017

Mark Martin
Secretary of State

Onhe Cer ha 9 Au horiza ion Code 124528596775238t8e2
To veriy he Au horiza ion Code v'si sos arkansas gov

  

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.

 FILED - Arkansas Secretary of State - Mark Martin - Docit: 8891563001 - Filing#: 811138675 - Filed On: 71130017 - Page(s): 2

Articles of Organization for Domestic LLC

Act: 1003 of 1993
Entity Name: BOLD TEAM LLC
File Date: 2017-07-13 07:12:39
Effectlve Date: 2017-07-13
Slgnature: DANNY W. BROWN

Buslness Name: CORPORATION SERVICE COMPANY
Address 1: 300 SPRING BUILDING, SUITE 900
Address 2: 300 8. SPRING STREET

Clty: LITTLE ROCK
State: AR
le: 72201
Country: USA

FIrst Name: DANNY
Name: W.
Last Name: BROWN
Title: Incorporator/Organizer
Address 1:
City:
State:
Zip:
Country: USA

 

R- Istered Aoent:

 

FIrst Name: DANNY
Name: W.

Last Name: BROWN

Title: Member

Address 1:

City:

State:

Zip:

Country: USA

 
  
 
     

 

First Name: KENDALL

Last Name: LERCH ER
Tltle: Member

Address 1:

City:

State:

le:

Country: USA

 
  
 
 

 

FIrst Name: MARK

Last Name: DRENNAN

Title: Member
Address 1:
City:
State:
Zip:
Country: USA

 
  
 
 

 

First Name: MISTY
Last Name: DRENNAN

 

 

 

 

Title: Member
Address 1:
Clty:

State:

le:
Country: USA

 

 

 
     

Address 1:
Clty:

State:

Zip:
Country: USA

 

 

 

ARKANSAS MEDICAL MARIJUANA COMMISSION


ARKANSAS ALCOHOLIC BEVERAGE CONTROL 0 1515 W. 7TH
STREET SUITE 503 0 LITTLE ROCK, AR 72201

09/07/2017

Arkansas Medical Marijuana Commission,

Thank for accepting this application for a cultivation license
for your review. Included in this package are the following:

Proof of Assets and Surety Bond
Criminal History Checks

Freedom of Information Act Document
Sections 

Section Merit Criteria (25 pages)
Section Merit Criteria - Exhibits

If there are any questions or concerns please contact the
BOLD TEAM, LLC ?s applicant, Mark Drennan, either by
email or phone.

Mark Drennan

 

BOLD TEAM, OF LIQUID ASSETS SURETY BOND PRE-APPROVAL

BOLD TEAM, BOND PRE-APPROVAL

 

 

Bond a; 10061641
SURETY BOND FIRE-APPROVAL 
Iadcd Iarlttam Culttvatlon Faolty
KNOW ALL PEOPLE BY THESE PRESENTS. that BOLD TEAM 
(a corporation of the State of ARKANSAS (indhridual), (partnership) (hereinafter
referred to as the 'Principal"), and find-on Mm Cow-w a corporation of the State
of 0m Nana of Surety (therelnafter referred to as the 'Surety"). are held and

?rmly bound unto the State of Arkansas. for Department of Finance and Administration. Arkansas
Medical Marijuana Commission (hereinafter referred to as in the amount of

 

. for the payment of which the Principal and the Surety bind themselves.
their heirs. executors. administrators. successors and assigns. jointly and severally. firmly by
these presents.

The conditions of this obligation are such that. whereas the Principal has submitted, or is about
to submit. to the State of Arkansas an application for a medical marijuana cultivation facility and
submits this bond as partial or full proof of assets in the amount of one million dollars
(31.000.000.00).

(1) If said application is denied by the MMC. then this obligation shall be
void.

(2) If said application is granted and the MMC awards the Princbal with
a Icense. the Principal shall furnish a bond In the amount of live
hundred thousand dollars for the Princbal?s faithful
performance of said license. and for the payment of all persons
performing labor or furnishing materials in connection therewith.
and shall In all other respects perform the agreement created by
the acceptance of said bid. then this obligation shall be void.

IN WITNESS WHEREOF. the Principal and the Surety have hereunto set their hands and seals.
and such of them as are corporations have caused their corporate seals to be hereto affixed and
these presents to be signed by their proper officers. on the day and year set forth below.

 

 

 

SEAL: sowramuc 
'ncipal Date
By: 7714 
thidaonlnaurancsCorm-ry 82100171111314?:

 

 

gameofig I Date
By: .

NOTE TO SURETY AND PRINCIPAL: The application submitted. which this bond guarantees.
may be rejected it the following instrument is not attached to this bond: Power of Attorney
showing that the agent of Surety is currently authorized to execute bonds on behalf of the Surely.
and in the amounts referenced above.

 

 

 

mic-m

ARKANSAS STATE CRIMINAL HISTORY REPORTS

 

Included below are Arkansas State Police background check results for all the Company's owners, officers, and
board members. All owners, officers, and board members have successfully passed the Arkansas State Police
background check and have no convictions for felonies or other disqualifying offenses.

 

 

CONTINUE ON NEXT PAGE

 

 

141

 

Arkansas Criminal History Report

 

142



Arkansas Criminal History Report

 

143

Arkansas Criminal History Report

 

144

Arkansas Criminal Histo Re ort

 

145

BOLD TEAM, LLC

ARKANSAS MEDICAL MARIJUANA
CULTIVATION LICENSE APPLICATION

SECTIONS 84 SUPPORTING
ATTACHMENTS

 

SECTIONS A-D SUPPORTING
ATTACHMENTS

CONTENTS

SECTION A. General Information1

SECTION B. Disclosure Statements and Supporting 

SECTION B, DISCLOSURE STATEMENT: KYNDALL DIR 6
SECTION B, Appendix 1: Legal Name?Kyndall Lercher?Owner?Med Dir 10
SECTION B, Appendix 2: Proof of Date of Birth?Kyndall Lercher?Owner?Med Dir 11
SECTION B, Appendix 3: Proof of Residency?Kyndall Lercher?Owner?Med Dir 12
SECTION B, Appendix 3: Proof of Residency?Kyndall Lercher?Owner?Med Dir 15
SECTION B, Appendix 3: Proof of Residency?Kyndall Lercher?Owner?Med Dir 16

SECTION B, Disclosure Statement: Misty Drennan?Owner?DHR 25
SECTION B, Appendix 1: Legal Name?Misty Drennan?Owner?DHR 29
SECTION B, Appendix 2: Proof of Date of Birth?Misty Drennan?Owner?DHR 30
SECTION B, Appendix 3: Proof of Residency?Misty Drennan?Owner?DHR 31
SECTION B, Appendix 3: Proof of Residency?Misty Drennan?Owner?DHR 45
SECTION B, Appendix 3: Proof of Residency?Misty Drennan?Owner 53

SECTION 8, Disclosure Statement: Mark Drennan?Owner?COO?Applicant 65
SECTION B, Appendix 1: Legal Name?Mark Drennan?Owner?COO?Applicant 69
SECTION B, Appendix 2: Proof of Date of Birth?Mark Drennan?Owner?COO ?Applicant 70
SECTION B, Appendix 3: Proof of Residency?Mark Drennan?Owner?COO?Applicant 71
SECTION B, Appendix 3: Proof of Residency?Mark Drennan?Owner?COO?App icant 85
SECTION B, Appendix 3: Proof of Residency?Mark Drennan?Owner?COO?Applicant 87

SECTION B, Disclosure Statement: Danny Brown?Owner?CEO 99
SECTION B, Appendix 1: Legal Name?Danny Brown?Owner?CEO 103
SECTION B, Appendix 2: Proof of Date of Birth?Danny Brown?Owner?CEO 104
SECTION B, Appendix 3: Proof of Residency?Danny Brown?Owner?CEO 105
SECTION B, Appendix 3: Proof of Residency?Danny Brown?Owner 119

SECTION B, Appendix 3: Proof of Residency?Danny Brown?Owner 120

SECTION C. Property Information 122
SECTION C. PART 1: Lease of the Property 124
SECTION C. Part 1: Confirmation of Land Ownership 128

SECTION C. Part 1: Written Statement from City of Cotton Plant Certifying Consent for Medical
Marijuana Cultivation Facility 130

SECTION C. Part 2: Proof That Proposed Location Is At Least 3,000 Feet From The Nearest
Public Or Private School, Church, Or Daycare 132

SECTION D: Documents Verifying Compliance With Local Zoning 137

SECTION D. Letter from the City of Cotton Plant Confirming No Zoning Restrictions 140

mmnjOZ 

 

 

nOz._._ZCm Oz 253. _u>mm

 

 

 

 

BOLD 1'me

APPLICATION FOR MEDICAL MARIJUANA CULTIVATION FACILITY


I. Name of Applicant (Must be a natural person.)
Mark C. Drennan

 

2. Business Name BOLD Tear". LLC

 

Fictitious Trade Name (it any) WA

Business Mailing Address 5107 Lochridge Rd
North Little Rock. 72116

Business telephone number 870'540'7503

 

3. Business entity type LLC

Date of business formation or incorporation 07/13/2017
State(s) of incorporation Arkansas

Re?mcred Ag." 5km Corporation Service Company
Registered Agent Address 300 Spring St.. Ste. 900. Little Rock. AR 72201

 

 

 

BOLD Team,?

4.

List all owners. stockholders, shareholders, members. officers, and board
members of the proposed cultivation facility. Identify the nature of the
lndivlduai?s or corporation's affiliation with the proposed cultivation
facility and the percentage of ownership. if any. NOTE: Please make sure
that 100% of the ownership interest in the proposed cultivation facility is
accounted for in this section. (Attach any necessary additional pages to this
form. Include a header on any attachments. The header for this response
should include ?Section A. Number 

Mark Brennan. Outer. 24.5%
Misty Owner. 26 5%

 

Danny Brown. Owner. 24.5%

 

Lumber. Oumsr. 26.5%

 

 

 

 

 

 

 

 

 

 

9?

County of Proposed Location 

City of Proposed Location (if inside city Pl."

Has the applicant or business entity filed. or does the applicant or
business entity intend to file an additional application for a cultivation
facility license. under the saute or a different nanne at a different
location? if so. please provide the locatloa(s) and any other name under

which the application(s) will be made.
No

 

 

 

 

 

Is the Applicant or any owner, stockholder. shareholder, officer, or
board member in any way affiliated with any other applicant(s) for

 

 

sonar?.111:

 

canton? If ya. plan Badly the Individual and

the of the pmpoud cultivation faculty or dispensary. and 
duel-Ibo the ?(In of the "latte-slip.

No

 

 

 

 

 

mm


[MM-yww

disclosed.



Not-7 Public

    
 


uotocv "Duo-A

mm. 
My Comma? noun 07-! 
4 on? ~00 nu a

   
   

   

 

 

 

mic-m

SECTION B. DISCLOSURE STATEMENTS AND SUPPORTING
APPENDICES

 

This Section includes Section 8 Disclosure Statements, proof of legal name, proof of birth dates, and proof of
residency documents to accompany Section of the Application for Arkansas Medical Marijuana Cultivation
License for the Applicant, Owner, Of?cer, or Board Member Disclosure Statements.

 

CONTINUE ON NEXT PAGE

 

 

 

 

BOLD 

APPLICATION FOR MEDICAL 

SECTION 8. Applicant. ()wner. nr Board ~\Iemher Diselnsure
Statement

sour with the cultiution heilIh ()wnen Of?cer.

 

25.5%

I?enentnge wt I thII) 

Legal \?gmg
'In udIlIlInn tn the helm?, )uu tequlred tw Ide dmumentx ln? 
)wnr legal Imme \ee ll. \ppemlu tur .Iueptahle tunns anI

Lercher
I IMI \.Ime Kynda?
\mne Lauren

I .MI \.Ime

\.Ime (It .IppluuhleI Lorenzo

lurmer tt.lttu'\ Kynda? Lauren Lorenzo



l)ut-n I 

In )uut date ul huth. pm me tequned In Ide tn

\rme \uur date u! \ce \eetlnn II. I Iendn tor .Iu?e Itahle tumh ut hunt
I . II I 

It '3


I'hunc \umhet uvntatt numhel I 

BOLD 

. 1
21A

wk.? xynca I (,'mz?um' as do 
. . 
ukuu' 1? HI I 
1' H?dunk? 
?2 .uxx?i?ldh 'I'ff? ?3
?u - nun? 

00(120? 2-P'ese'13
May 
Sept 2010-Mav 2012

 

I 

. .nL? .521?: Lu J.. nu! 3 'Thu' 



 

 

 

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00> ~3i3?3?i?8

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Engagiaiolxgi?gsasi?tf!
iaa?s?8?xi3i8i?3??3?8


 

 

 

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Wotan-yumwn?l?ofwamu?m?m


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m?muwmuA?WMW

Notary


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In Communion Inna 07-} men
mum ?u

 

 

 
   
 

 
 
  

   

 

 

 

SECTION 8, APPENDIX 1: LEGAL DIR

 

10

SECTION B, APPENDIX 2: PROOF OF DATE OF DIR

 

ARKAN

to 

       

A 8 Emmy: 

11

SECTION B, APPENDIX 3: PROOF OF DIR

REGISTRATION FOR PREVIOUS SEVEN YEARS

 

 

 

 

 

 

SECTION B, APPENDIX 3: PROOF OF DIR

OF ARKANSAS INDIVIDUAL TAX TRANSCRIPT

 

BOLD T433111. LLC

SECTION B, APPENDIX 3: PROOF OF DIR

The following are compiled documents to account for seven years of Arkansas residency, including paystubs from
the University of Arkansas for Medical Sciences from 2012 through 2017; W-2s from the University of Arkansas for
Medical Sciences from 2011 and 2010.

STUBS FROM THE UNIVERSITY OF ARKANSAS FOR MEDICAL SCIENCE FROM 2012 THROUGH
2017

 

 

16

 

 

17

 

18

   

   

19

 

 

20

 

37W2 FROM THE UNIVERSITY OF ARKANSAS FOR MEDICAL SCIENCE FROM 2011

 

37W2 FROM THE UNIVERSITY OF ARKANSAS FOR MEDICAL SCIENCE FROM 2010

 

 

IOU) than,?

SECTION B, DISCLOSURE STATEMENT: MISTY 

 

 

APPLICATION FOR MEDICAL MARIJUANA CULTIVATION FACILITY

SECTION 8. Applicant, Owner. Of?cer. or Board Member Disclosure
Statement

   

9 
Affiliation: Owner

Ownership: 255%

 

Percentage of Equity

 

was
?In addition to the information below. you are required to provide supporting documents to prove
your legal name. See Section B. Appendix I for acceptable forms of proof.

NW Drennan

First Name M'Sty
Middle Name Dawn

 

 

 

Maiden Name (ifapplicable) Travels
Misty Dawn Travels

Alias(ea) or former names

SS

 

Emilia!
?ln addition to providing your date of birth. you are required to provide supporting documents to
prove your date of birth. See Section 8. Appendix 2 for acceptable forms of proof.

of gin?

Wanna
Mailing Address PO Box 391

Beebe. AR 72012

Phone Number (primary contact mun;?

 

 

 

 

 

 

25

BOLD 

\Nuxmusty drennan@yahoo com

Rcudrnn

\x ..-.. Yes

. . .. . . . - .. . . . . . . . . . . . . . .
1".1 1? 1m 1.5' 31?. . 11.21.x.sgtuz .5 - 11c 11' "1mm: my 
31cm? . 111' ran. 13:: 1i: 11m 111.1152 3?31 \1 1.1.111 

Nut: 14 \1?1?5'1d 

1" ?1 1'1 .1113'1 ?x '11 

October 201 S-Present
August 2015-Octotmr 
May 2013-August 20? 5
November 201?-May 2013
May 2008-N0vember 2011,

 

Ian I 

No

I): 1 12c..::1.11c1.\ 21w mud 21- 1'2: 

.3131 '1 1 ix \lil?l. k" 3 11.?

 



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=??ssasl?<oa

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ditched.

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28

 

 

SECTION B, APPENDIX 1: LEGAL 

 

29

SECTION B, APPENDIX 2: PROOF OF DATE OF 

 



 

30

SECTION 8, APPENDIX 3: PROOF OF 

l?Arkamas Tax Return Formg For Seven Years Preceding, the Application

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SECTION 8, APPENDIX 3: PROOF OF 

VEHICLE REGISTRATION FOR THE PRECEDING SEVEN YEARS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BOLD 

SECTION B, APPENDIX 3: PROOF OF 

DOCUMENTS FOR PLACE OF PRIMARY DOMICILE FOR THE SEVEN YEARS PRECEDING THE

The following is the Warranty Deed for the April 2012 purchase of? which Mrs.

APPLICATION

Drennan currently occupies as a primary domicile and has done so since October 2015\uuma-nl 'Dl? {Dyl I 2 ?16 . 

\lavkl. H- H). ?1 
I'mnitn Dun . . . 
?(the 

. -J .
WA RRANTY ti .- 



IluaH l? i ?x 1km an L4: Ic-l ?lic . nu if I: \taH.111 (M JR .l .lnn'Jcl dips: ili. \
I pry run .II ll-mL! n? lisrax n' i' ll I?lc II 
INJI. \ll "x All! 
"Ml husband and ullr i II I le: rue rim:
?with has". .h I. on imn? u? cm I inn-1hr II I in?

'lhr' rhu'lh I .n in 7mm ?r ivli. ?1n, l'l-l 2 '3t lln'hc I Willi)

 

l?1 
u" v? .i.l II 'gliv;
I ll. in.l"' ml

.IL: "le In ?1 1.: .i alumna I.1 ?1 3m?: Nam-m ull 
.u?nf mun:
Imlrunu-ul I'rqurul ll)

\uurm-u 4  Law

I 2? \l?i?h
\uru. \rkuiu? 

 

53

BOLD TeaanILC

 

042.13

 

IN WHICREOF. the name of the is hereunto af?xed b) It:
L5
undersigned of?cer on this _l do) nt'AprIl. 20]?
CENTENNIAL BANK
w. .- do} an 2%


ALLGDOD.
SPECIAL ASSETS MANAGER

ACKNOW LEDGMENT

STATE OF ARKANSAS
COUNTY OF WHITE

0n tlIix day perxmull} appealed before me. II Solar) Public. duI} quali?ed and
aIlIng. and for the dale and count) IIl?nrexaId. JODI ALLGOOI). SPECIAL ASSETS
MANAGER. bemg the pchulh ?how naIncx appcu heIeinabme satisl?utotily plow-n to me [0 he the
names are tn the dm?ument. and that the) Mung the
powet and authoIzt) en behalfot?satd legal to do had executed the agreement for the purposes and
cnnsIdcratIon Iterezn ?Mama!


wnsuss my hand and 0mm! .wal this day oI'ApnI. 2m:

W0

.- ,v Ce?. 5. NofAIu' PUBLIC

 

TE
1 certIt'y. unJcr pexult) ul' lLIlsc waning. that legall} amount 0! documentary
\tamps have beer. placed on Ih..s Instrument


(WIAUEVT g??H (Lil

Address

 

 

 

 

54

BOLD Team,?

-
The following is the Lease Agreement for the property at? in which Mrs.

Drennan occupied as a primary domicile between August 2015 and October 2015.

Residential Lease Agreement

This Residential Lease Agreement is made between the Landlord Lye .2. 1: 1 A 
andtheTenantA/?WA 1\ ~rw~ onthisdate? 

.
The Landlord hereby> agrees to rent the Premises to the Tenant and Tenant hereby agrees to rent the
Premnses from the Landlord. The Premuses is described as follows

Am:- 

\qo; ,ov'g iexrlr~cz

 

 

1. TERM:
The Lease term shall be as follows (choose one):

\Hleed term lease on BAX and ending on {o 5 . 7,3 fora total penod
of 3 months.

Month to month lease beginning on
2. 

The Tenant agrees to pay the Landlord an amount of 1 {2 per month as rent on or before
the _day of each month

it rent due is notpaid on otbelore the dayotthe month. Tenantagrees to pay a late charge of:

9' plus an additional late charge of if, per day until the rent is paid in
full.

3. SECURITY DEPOSIT.

The Tenant shall deposit an amount of (15 5; to be held by the Landord as security
deposit This deposit shall be relunded to the Tenant upon tennlnation of this Lease after deducting lor
any of the following: detauit of rent payment loss or damage to the Prermses or its furnishings any
required cleaning of the Premises and for any other reason allowed by law

4. USE OF 

The Premises shall occupied only by the Tenant and the following occupants



 

 

The Tenant shall use the Premises for resadential purposes only and may not use it for any other purpose
with the written consent of the Landlord. The Tenant may not sublet this Premises or assign this Lease to
any other persons without the written consent of the Landlord.

 

55

sour?.91:

 

QWOFPREMISES:
?dung

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1. PETS:



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9. REPAIRS AND MAINTENANCE:






10. ALTERATIONS:


nm?wmm?mmummaww.mmwn

?Landau.

11.6ARDEN8MDLAWN8



m.

 

56

 

 

BOLD Team,?

12. DAMAGE OR DESTRUCTION:

if the Premises is rendered inhabitebie by an act of God or other cawalty. this Lease shall terminate and


13. ABANDONMENT OF PERSONAL PROPERTY:
Anyperaonal 
hielher abandonment (whether or not at termination of this Lease) shal be deemed abandoned. and the

Landlord shall have the right and option to take possession of the personal property and sell. destroy or
dispose it.

14. DEFAULT:

The Tenant will be in defam of the residential lease agraernent if helshe


2. fails to fulfill any term or condition of this Lease and such default continues for days after the


3. abandons the Apartment or

4. makes any miepreaantation in his/her rental application or

5. remains in the Premises upon lamination of this Lease the Landlord's written consent

if the Tenant la in default. the Landlord shall have the right to terminate this residential lease agreement
by giving the Tenant a 3 day notice in writing.

15. 
Ifanyterm ofthis Leesais heidtoba invalid. itshell inthe Lease.
16. ADDITIONAL TERMS AND CONDITIONS:

[pxxmo'jl/Ld? Worn/2a is ('uaynJ J4: 
.L: -- $101545

 

 

 

Landlord Name:
Landlord Signature:

 
  

     

 

 

LandloruAddmu: Alum?. out;


TenantName: 

?Vl? Date: 3 (1ng 

   

?m - 

 

57

 

BOLD 

The following is the Warranty Deed for the December 2012 purchase of? in which Mrs.

Drennan occupied as a primary domicile between May 2013 and August 2015.

05372012? 

. .Wq
.I.19"

7 ?77753?lufflav?; ?lo?Lita},

WARRANTY DEED
?MinimumHull hm! .nnl .nn'll-zr 
m? ..- -.-- 


 

MN 473475

nbuocrb

 

58

 

 

- DEEDZOIZ- 15242

ACKNOWLEDGMENT

Sued 
?219

arm?. duly comm Ill It!? I. FREE: and CHRIS FREE. and ?if: to me well 

WWame

U5 0.on

 

  

 

WM ?rst: 

?m
y- 

?Manhattan-nu.

     

. 01

New mam 

 

 

 

 

 

 

 

 

BOLD T433111. LLC

The following is the Warranty Deed for the August 2011 purchase of?, by her company,
Orman and Drennan, LLC, in which Mrs. Drennan occupied as a primary domicile between November 2011 and

May 2013.

A DEED 2011 

r? \l
1 Rang-I
-I- I -. . -
vwwu' .
?All In lwi ?n 
(Imun.\ Dv-mun A )5 15?? 
Rm WI 
.

Hectic. AR 2

?am 1- ?bxu 

WA RRANTY DEED

AVUW HY 8} 

2.,1i .x oi
\mirius MR i? "x "v.1 [Vi-p? 't-xvn! r. I Hour! of
[Wm ul fhc' l! IN till? i? 
(1 I .Hn Flip .3. 
.hk' nu: p' n' . knight 1 ?nm gun: harm uni . xrnc.
MR fl I 1:11. alum-am? .izzJ ran .md ll?

Hcd?c. in" 

 

l' I) .tzmt' Hi?. .ll ti ?1.6 
.Imigrn Z. rcx. hcl- 

This Inslrumcnl PrcpAn-tl 

lil?

I Allurnqs .n luau
{4950 \h-u m-h
Scar?. Arkanus 
229951

60

solar?Jar:

 



And ORANTOR hereby covenants with the said ORANTEE that it will forever warrant and
defend the title to said lands against all claims whatever.
IN TESTIMONY the name of the ORANTOR is hereunto af?xed by its

at.
mutation 3 dayofAusust.20ll.

 

Burton a BARTON. INC. .
BY 
It Bose-a- Bartoo, President
(Corporate Seal)

STATE OF ARKANSAS

COUNTY OF WHITE

On this day. before me personally appeared ll. Bowman Bar-tea. to me personally well
known. who acknowledged that they were the President of BARTON BARTON. an
Arkansas corporation. and that he. as such ot?l?rcer. being authorized so to do. had executed the
foregoing instrument for the purposes therein contained. by signing the name of the corporation by
himself as such officer.

a.
mess my hand and official seal this day ofAugustof?? ?wig NOTARY ruouc

 

    





. a 

Ours: 
"l-nrru??


I certify. under penalty of false swearing, that the legally correct amount of documentary

stamps have been placed on this instrument.

were.

 



Adams Oman LLC
P. O. Box 391
Beebe. AR 720l2

 

 

61

 

 

BOLD 

The following is the Warranty Deed for the January 2006 purchase of? by her company,
Orman and Drennan, LLC, in which Mrs. Drennan occupied as a primary domicile between May 2008 and

November 2011.
law." "Ml? 3' hm? Nu Pmrr? a.
tanning that the coma! my 0 100v
documomaly stamps have boa" and Armor JW
on .Ml'urronl ?22:58: {23. . Len. 

.
I. . (?r?mir .

,1 ?antoo/AUQH' 

4 a?
7
?66- Ft . 4 As 

"W'n 

01142
And no, the GRANTORS, tor and in rouaideaalnun of said sum or
money, do haraby and ralinquiah unto the said GRANTEE all

our rights of douer. curtesy and homestead in and to the said

lands.

HITNESB our handa and on thia 18?? day of 200?

200



ri- Wilf?a W7

STATE 05' ARKANSAS I
COUNTY or 1

BE l?mm?mu on this day can. before ao, the
unduisiqnod a Notary Public within and to: tho County 
duly and acting Nathan 3. Lindaay and Brandi Lindaay,
and vita, and Donald Ray Lindaoy, Jr. and Autumn Lindsey.
husbond and wife, to la well known as tho orantora in tho
foregoing Deed, and acknowledged that they had axacutad the name
for Lha conaidaration and thorain uantionad and aaL

lorth.
HITN $8 a? hand and seal as such Notary lie on his 1319

 

day at . zoo_6. 
Fl? sxmes 12/12/2006
[ma
WWGW

 

63

 

 

 

fl 01142

And we, the GRANTORS, for and (onudmat run of said sum of



money, do haroby roloau and relinquish unto the raid all

our o! dover. curtesy and honesteod 1n and to the and

lands.

HITNEBB our hand. and aoala on this 1811! day of JANUARY 2006noon . I. a
. . 1/41 
09% mt 

STATE 0? ARKANSAS 
county or I

at; on um day can. boron u, the
undersigned a Notary Public within and for the County 
duly conniaulonod and acting Nathan 3. Lindsay and Brandt Ltndaoy,
and wife, and Donald Ray Linduy, Jr. and Autumn Lmdaey,
husband and wife, to so well known as tho orantora in the
foregoing Deed, and acknowledged that they had exocutod the name
for tha connidoration and purpoau therein mntionod and not
Kort".

amt-$3 ny hand and cool as such Notary lie on hu mm
an at UAR zoo_?. 

 

Ii? concussion 12/12/2006

 

 

 

BOLD fungi-LC

SECTION B, DISCLOSURE STATEMENT: MARK 

 

APPLICATION FOR MEDICAL MARIJUANA CULTIVATION FACILITY

SECTION B. Applicant, Owner, Officer, or Board Member Disclosure
Statement

en tiva ac

Af?liation: owner

 

0
Percentage of Equity Ownership; 24. 5 /0

 

?In addition to the infomiation below, you are required to provide supporting documents to prove
your legal name. See Section B. Appendix I for acceptable forms of proof.

Name Drennan
First Name Mark
Middle Name ChnSIOPher

 

 

 

Maiden Name (if applicable) A

Alias(es) or formernames 

DWI:
?In addition to providing your date of birth. you are required to provide supporting documents to
prove your date of birth. See Section B. Appendix 2 for acceptable forms of proof.

 

 

Date of Bi

 

WM
Mailing Address_P_O BOX 391

Beebe, AR 72012

Phone Number (primary contact number?

 

 

 

 

 

65

BOLD 

rm? 

Rcsidcnu

Arc mm .m Arkdnus fL?HdsArkanxa? picasc \our primary placc ut :csuicncc


Haw _\uu .m 1m p.151 Mans erS

Wm" to abm c. In .addumn lo pumdm: mlunnuum: 
you an: rcquncd 1o ulc supporting [u your fur 

1 \mrx 5m- H. Mun-min 1 1m :u'u?pluhlc 11mm M'pnmt

l?rnx'nic 01? )uur pnnw) 11?: p.151 171 yams :hc Jaw)

(mmnh and war) \nu raided at each location

  
 
 
  
 
  

October 2015-Present
August 2015?October 2015
May 2013-August 2015
ovember 2011-May 2013
May 2008-N0vember 2011

'l a\ Hahilin

\ml mm umslandmg 1.1x dolmqucm'lcx to \mtc 01 ~\rknma< NO

mm amurn-d [0 prex mm qumlmn. naturc 01 any delmqucm?wx



66



 





No



 




facility. 


mam


Any

aw.







67

 

 

 

 

 

I,
IMMWMU

(Itch-ad.

swu- 21$: aye: 115? ._zn17

 

 



mgmumnnu?MW

 

 

 

SECTION B, APPENDIX 1: LEGAL 

 

69

SECTION 8, APPENDIX 2: PROOF OF DATE OF 

 

 


.

 

70

SECTION 8, APPENDIX 3: PROOF OF 

l?Arkamas Tax Return Forms For Years Prece?ding the Applicaticm

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SECTION 8, APPENDIX 3: PROOF OF 

VEHICLE REGISTRATION FOR THE PRECEDING SEVEN YEARS

 

 

 

 

 

 

BOLD 

SECTION B, APPENDIX 3: PROOF OF 

DOCUMENTS FOR PLACE OF PRIMARY DOMICILE FOR THE SEVEN YEARS PRECEDING THE
APPLICATION

The following is the Warranty Deed for the April 2012 purchase of? in which Mr.
Drennan currently occupies as a primary domicile and has done so since October 2015.

H'nu- --:
i .
. .
(Vizie i .-,
?All In \laumrnl In End)? u; A a? I -rrh'
\luL? 4; 2. 
l)ll\\

Bum. 

u. an? . .
WARRANTY DEED fl.c \Yuiu'
Ml \fkdl'nh. .1 I IIJIL IR. I - 
.I'lili Ir pr Pk" 'cx- u-w a! IL ?1 Ilirtx'u' Ilia nuns vr. 'le' .m1:7 lam: pi I In
IIth am! \1l\l\ hmhaml and Wife II I nut-7?:

?Pith .ngLn-M dusk t'mn' .m.l . ??vlhc? lwlr? I .h 3! ?a lull um. . l'hl I. v.21 Hcc?x mm)

ML ~l

 

\\ll HHIUI I)'htrxmru?" 111.1

let'icll?wh m-l Aria A 'pl 

This Instrumrnl I?u'lurul Ih

Law I

?hi \rch
\uru. \rlunus 

 

 

87

BOLD Team,?

 

DEEDYOIY- 04213

IN WHICREOF. :hc name of the is hereunto af?xed b) 

I3
undersigned of?ce! on this do) ot?Aan. 2012

CENTENNIAL BANK

sw- an. 6th?: 2M
J9bl ALLGDOD.
SPECIAL ASSETS MANAGER

ACKNOWLEDGMENT

STATE ARKANSAS
COUNTY OF WHITE

0n thi~ day perwnally nppeated before me. a Solar} Public. duI) commisswned. quali?ed and
acting. and for the clale and cmmt) :tt'nresaud. JODI ALLGOOD. SPECIAL ASSETS
MANAGER. being the pawns who?: appear heteinubme satist'actottly ploxen to me to he the
whme names are subsumed tn the tore-gum: document. and that they Mung the
power and authout} on behalfofutd legal to do had executed the Igteement for the purposes and
ennuderatnon then-2n contained

*1
WITNESS my hand and "meal seal um day of Apttl. 201:.

:3 

NofAkv PUBLIC

 

IE
I certify. under penalty of lLalse sweating. that me legall} cunect amount at documentary
\tamps have beer. placed on th;.s l?hlrumcm

0 awn

Address

 

 

 

 

88

 

 

BOLD Team,?

-
The following is the Lease Agreement for the property at? in which Mr.

Drennan occupied as a primary domicile between August 2015 and October 2015.

Reeldentlal Lease Agreement

4 j- 
endtheTenantA/LLA 1 (?Km 344C

I . 3 

The Landlord herebfagrees to rent the Premtses to the Tenant and Tenant hereby agrees to rent the
Premnses from the Landlord The PTOMMI ls desmbed as follows

TERM-
The Lease term shall be as lollows (choose one)

3 1, if 7.. 14 foratotalpenod
o! 3 months

Month to month lease on 

2, RENT:

The agrees to pay the Landlord an amount 01 6 g; per month as rent on or before
the day 0! each month

5 ?5 
plus an late charge of 8 per day unul the rent l8 pend in
full

3 SECURITY DEPOSIT

The Tenant shall deposit an amount held by the Landord as secunty
deposit The deposit shall be refunded to the Tenant upon of this Lease after deducting for
any ol the following. default of rent payment. loss or damage to the Pram-see or Its any
required cleaning of the Premises and for any other reason allowed by law.

4 USE OF PREMISES:

 

The Premjses shall occupred only by the Tenant and the following acoupants'
Pia 

 

 

The Tenant shall use the Premises lor restdentral purposes only and may not use it for any other purpose
with the written consent of the Landlord The Tenant may not sublet this Premrses or assign this Lease to
any other persons without the written consent ol the Landlord.

 

sour?.91:

 

5.00WOFPREMIBEB:
matting



o.unmesmosemnce&



5


i
2


:5

 




7. P378:



?humus-W

8.RIGHTTOBJTER:



demmbmumdwaMnhm.hNa-nd


9. REPAIRS AND MAINTENANCE:



mambuWMammeMun-wmmawm


10.AL1ERATION8:



hounded.

11.6ARDEN8NDLAWN8



mm.

 

 

 

BOLD fungi-LC

12. DAMAGE OR DESTRUCTION:

if the Premises is rendered inhabitabie by an act of God or other casualty. this Lease shall terminate and


13. ABANDONMENT OF PERSONAL PROPERTY:
Any personal property of whatever kind left outside the Premises or in the Premises by the Tenant upon
his/her abandonment (whether or not at termination oi this Lease) shall be deemed abandoned. and the

Landlord shall have the right and option to take possession of the personal property and sell. destroy or
dispose it.

14. DEFAULT:

The Tenant will be in default 01 this residential lease agreement it helshe


2. fails to ful?ll any term or condition of this Lease and such default continues for days after the
Landlord has given notice of it to the Tenant or

3. abandons the Apartment or

4. makes any miepresentation in his/her rental application or

5. remains in the Premises upon termination 01 this Lease the Landsz consent

t1 the Tenant is in default. the Landlord shall have the right to terminate this residential lease agreement
by giving the Tenant a 3 day notice in writing.

15. 
If any term of this Lease is held to be invalid. it shall not affect the validity of any other term in the Lease.
16. ADDITIONAL TERMS AND CONDITIONS:

. . r'
(1145.211 we 1"{4 
ij-tp {Ac-ms

 

 

 

Landlord Name: {Ayn g. an 2 gr

    
 

 

Landlord Signature:

Landlord Address: Hf)-

  

Tenant Signature:



 

91

 

BOLD 

The following is the Warranty Deed for the December 2012 purchase of?, in which Mr.
Drennan occupied as a primary domicile between May 2013 and August 2015.

. _Wl\;k A: 
WARRANTY DEED
All
11.! If) SI. \15hm! . Il\l .nn'l'l
t~ .. - 2.. I. f'l.l 'l i 
?1 INN tl-Il lunl.? II um! Ivhbiicf)

DEE02012- 



\IllI

fl 
7h? 
412.214

 

92

 

 

- DEEDZOIZ- 15242

ACKNOWLEDGMENT

Sued 
?219

arm?. duly comm Ill It!? I. FREE: and CHRIS FREE. and ?if: to me well 

WWame

U5 0.on

 

  

 

WM ?rst: 

?m
y- 

?Manhattan-nu.

     

. 01

New mam 

 

 

 

 

 

 

 

 

BOLD 

The following is the Warranty Deed for the August 2011 purchase of?R, by his company,
Orman and Drennan, LLC, in which Mr. Drennan occupied as a primary domicile between November 2011 and May

2013.

DEED 2011 manor:

r\ \l
Ila/ya
I -. . .
V?MuruHmurh? Dr-mun llracy; . 


WA RRANTY DEED

AVIHV IHINF \f 

l..1i ll\RlH\ \Iatv nl
\fxiuus (1R it "rx' .ml'u- ["npz" 't-ml lluzxrl n!
Hum! as 1m 19-: .w-.leein.v: ul flu? mm l! IN ?ll? 
i ll inn" "er 1R E-l l.
?lu? n' . lucid?: .xkr? 1 gun: burg uni - lln' sins
MR fl amtl .nf. run [rumor 1'10 Ix 'l . .102? hc-l .md 

Hul?c. 'tl'c? 

 

ll I H) l) ?mic ll .ll?.ll uni. r! 
.Inlgf?.? Z. rcx- mil: .Il ipp .ncmzuc, hcl? ng.n;

This Prcpuul ll)
In l.l?
*t -- I Allurnr'ual La?
?4950 In \h-u -\rrh
Searu. Arkanus 
2 2 9 9 Si

94

solar?Jar:

 



And ORANTOR hereby covenants with the said ORANTEE that it will forever warrant and
defend the title to said lands against all claims whatever.
IN TESTIMONY the name of the ORANTOR is hereunto af?xed by its

at.
mutation 3 dayofAusust.20ll.

 

Burton a BARTON. INC. .
BY 
It Bose-a- Bartoo, President
(Corporate Seal)

STATE OF ARKANSAS

COUNTY OF WHITE

On this day. before me personally appeared ll. Bowman Bar-tea. to me personally well
known. who acknowledged that they were the President of BARTON BARTON. an
Arkansas corporation. and that he. as such ot?l?rcer. being authorized so to do. had executed the
foregoing instrument for the purposes therein contained. by signing the name of the corporation by
himself as such officer.

a.
mess my hand and official seal this day ofAugustof?? ?wig NOTARY ruouc

 

    





. a 

Ours: 
"l-nrru??


I certify. under penalty of false swearing, that the legally correct amount of documentary

stamps have been placed on this instrument.

were.

 



Adams Oman LLC
P. O. Box 391
Beebe. AR 720l2

 

 

95

 

 

BOLD 

The following is the Warranty Deed for the January 2006 purchase of 102 Autumn Ln., Beebe, AR, by his company,
Orman and Drennan, LLC, in which Mr. Drennan occupied as a primary domicile between May 2008 and November

2011.

lande' 3' MWWEM r?cu pmrr? 6-

Iwonrmg'thu the logotry come! my 0 :00,

documomaly stamp. have Dec? 9 and AWEY .AW

on mll'urrom ?22:88: {23' . 

.
I. . (?r?aJr


in ?antoo/AQQN' . . 1? niN?43KNOW KIN BY 

 

 

seuo rms?u?tgu 831. 

"W'n 

01142
And no, the GRANTORS, tor and in rouaideaalnun of said sum or
money, do haraby and ralinquiah unto the said GRANTEE all

our rights of douer. curtesy and homestead in and to the said

lands.

HITNESB our handa and on thia 18?? day of 200?

200



ri- Wilf?a W7

STATE 05' ARKANSAS I
COUNTY or 1

BE l?mm?mu on this day can. before ao, the
unduisiqnod a Notary Public within and to: tho County 
duly and acting Nathan 3. Lindaay and Brandi Lindaay,
and vita, and Donald Ray Lindaoy, Jr. and Autumn Lindsey.
husbond and wife, to la well known as tho orantora in tho
foregoing Deed, and acknowledged that they had axacutad the name
for Lha conaidaration and thorain uantionad and aaL

lorth.
HITN $8 a? hand and seal as such Notary lie on his 1319

 

day at . zoo_6. 
Fl? sxmes 12/12/2006
[ma
WWGW

 

97

 

 

 

fl 01142

And we, the GRANTORS, for and (onudmat run of said sum of



money, do haroby roloau and relinquish unto the raid all

our o! dover. curtesy and honesteod 1n and to the and

lands.

HITNEBB our hand. and aoala on this 1811! day of JANUARY 2006noon . I. a
. . 1/41 
09% mt 

STATE 0? ARKANSAS 
county or I

at; on um day can. boron u, the
undersigned a Notary Public within and for the County 
duly conniaulonod and acting Nathan 3. Lindsay and Brandt Ltndaoy,
and wife, and Donald Ray Linduy, Jr. and Autumn Lmdaey,
husband and wife, to so well known as tho orantora in the
foregoing Deed, and acknowledged that they had exocutod the name
for tha connidoration and purpoau therein mntionod and not
Kort".

amt-$3 ny hand and cool as such Notary lie on hu mm
an at UAR zoo_?. 

 

Ii? concussion 12/12/2006

 

98

 

 

BOLD fungi-LC

SECTION B, DISCLOSURE STATEMENT: DANNY 

 

APPLICATION FOR MEDICAL MARIJUANA CULTIVATION FACILITY

SECTION B. Applleant. Owner. or Board Member Dlaeloattre
Statement

 

24.5%

Percentage of I?qutty 

?ln to the tnlormatton below. )uu are requtted to pwwde Wm; dueumema to prove
your legal name See Secttm B. Append? I luv acceptable foam of woof.

Brown
I'It?l Name Danny
swat: Name 

1 at .?same

 

 

Matden Name ttfappluahle) 

SSN . .. 
mm

?ln addition to putt ?1mg your date of hmh. you are requued to will; document: to
prme you: date ol~ See Scum B. Appendtx 2 Tot acceptable tom of pod



   

   

II .

Plume contact numben? 

 

99

 

100

 

 

 


Etc-Idaliitlirail?i


Zo


'El?l?s'ftlgaa'if?llf
Uitlgliglflitii
E. Sittittilf?ll?;


[In

i!32?!38?!2?

fitittglII?I-?PE





=3?Iataflfi?u 3:0
riftli<oo

 

HOH

 

 

 



I. 
[mummw

(ii-cloud.

swam dnyof rue?f! . 7-00.

A



 

 

[Elwayor glad/Y

 

102

 

 

SECTION 8, APPENDIX 1: LEGAL 

 

103

SECTION B, APPENDIX 2: PROOF OF DATE OF 

 

104

SECTION B, APPENDIX 3: PROOF OF 

TAX RETURN FORIVIS FOR SEVEN YEARS PRECEDING APPLICATION

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SECTION B, APPENDIX 3: PROOF OF 

OF VOTER REGISTRATION FOR THE SEVEN YEARS PRECEDING THE APPLICATION

The following is Mr. Brown?s voter registration in the state of Arkansas representing active voting in Arkansas
between 2002 and 2016

 

119

SECTION B, APPENDIX 3: PROOF OF 

REGISTRATION FOR PRECEDING 7 YEARS

 

 

 

 

 

 

121

 

 



SECTION C. PROPERTY INFORMATION

 

The following is a lease between the Applicant and the City of Cotton Plant, Arkansas, wherein the City agrees to
lease to the Applicant an area of land owned by the City, upon which the Applicant plans to construct its
cultivation facility. Also included is a memorandum of understanding wherein the City of Cotton Plant
acknowledges that the Applicant has made the City aware of the intended purpose of this facility, and provides
consent to the use of the property for construction and operation of a medical marijuana cultivation facility,
including for the cultivation, housing, processing, and transportation of marijuana.

 

 

 

CONTINUE ON NEXT PAGE

 

122

 

IOU) 1'ch

 

APPLICATION FOR MEDICAL MARIJUANA CULTIVATION FACILITY

SECTION C. PROPERTY INFORMATION

Part I. PROOF OF AUTHORIZATION TO OCCUPY PROPERTY

(Attach any necessary additional pages to this form. Include a header on any
attachments. The header for this response should include ?Section C. Part 

If the property on which the proposed cultivation facility is located. or will be located. is owned by
the applicant/entity. submit:

(?on?miation of land ownership:

Identi?cation of any and all mortgagecs and perfected 

If applicable. veri?cation of noti?cation to any and all mortgagees and perfected
licnholders that the property is to be used as a medical marijuana cultivation facility; and
Consent thereto by any mortgagces and perfected lienholders.

If the property of the woposcd cultivation facility is leased by the applicant/entity. submit:

A copy of the lease;

(?on?rrmtion of land mnership:

Identi?cation of any mongagees and perfected 

A written statement from property owner or landlord certifying consent for a medical
marijuam cultivation facility to be operated on the premises; and

?applicable. veri?cation of noti?cation by the property owner to any and all mortgagecs
and perfected lienholders that the property is to be used as a medical marijuana cultivation
facility and consent thereto by any mongagees and perfected 

If the property is not owned or currently leased by the applicant/entity. submit:

A written statement from the property owner or landlord certifying consent for the
applicant/entity to lease or purchase the land for the purpose ofoperaling a medical
marijuana cultivation facility;

Ifapplieablc. veri?cation of noti?cation by the property owner to any and all mortgagees
and perfected that the property is to be used as a medical marijuana cultivation
facility; and

Consent thereto by any mongagees and perfected 

 

123

 

mm
-

SECTION C. PART 1: LEASE OF THE PROPERTY

LEASE

This Lease Agreement is made and entered into on this 27 (by of July, 2017. by and
between the City of Cotton Plant, Arkansas. herein referred to as LESSOR. and Bold Team, LLC,
an Arkansas Umlted Company. hereinatter referred to 1158855, 

I. For the ce-idetation and purposes set forth. UESSOR does hereby let. lease ant
demise unto 128833 the following described real property located in the City of Cotton Plant,
Woodru?', County, Arkansas, to-wit:

A part of Lot 8 of the NEV. of Sectlon I, Township 4 North, Range3 West and
being a part of the Cotton Plant Park and described I
folows, to-wlt: at the SE Corner of said Let 7 of sald NEV. and
thence 88' 51' 48" 1,327.63 feet and thence 88?52' 24" [96.01 feet for
the POINT OF BEGINNING and thence 00? 00' 00" 270.26 feet; thence 
88? 52' 24? 1,133.40 feet; thence 00' 08' 39" 330.00 feet and thence 88?
52' 24" l,l32.37 feet back a) the Point of Beginning. contalnhg acres,
more or lea.

2. The initial term of this Lease shall be for ID years commencing on or moot January
I, 2018. tr upon the date the LESSEE obtains it?s authority from the State ofArltansas to construct
and operate a medical marijuana cultivation facility. This heme shall automatically renew fa
mocessive 5 year terms upon reasonable notice to the LESSOR bythe LESSEE. The in'nial renal rate
shall be $1,500.00 per month with increases in the rate of 10% for each successive 5 year
term. LESSEE is cndering a $3,000.00 rentaldeposit with this lease which is non-refumiable as the
consideration fora Memorandum of Understanding executed bythe parties and the terrm of this leue
agreement.

3. TO HAVE AND TO HOLD the slne unto the said LESSEE for and during the terms
herein stated and upon the terms and conditions herein expressed.

4. All taxes and special assessments. if any. whether new levied or which may in the
future be levied and assessed shall be paid when due by LESSEE.

5. LESSEE is accepting the real property in the condition it is in at the time of the
execution of this agreement.

11d: Instrument Prepared By
Lulule. Rnney. Strelr a Snell. LLP
Attorneys at Law
21 1 West Arch
Surcy. Arkansas 72143

 

 

 

124

 

mm

 

6. 1.58888 intends to constructs facility upon the above described real poperty andwill
pay for said improvements and any and all maintenance costs necessary during the term hereof in
order that the premises and irnprovementsmay bemaintained in as good acondition as they noware
presently. LBSSEE be responsible for all utility connection costs fees and for the payment
of said utilities to the intended facility. LESSOR grants the LESSEB permbsion under the terms of
this lease agreement the right and authority to build and operate a medical marijtnna cultivation and
processing facility upon the above described real property.

In the event it is determined by a federal or state law or regulation that the LESSOR
cannot lease the above described real property for use of producing medical marijuana and the
LESSEE is using thepropertyforthe production of medical narijusna then it such eventtheLESSBE
shall have a right to purchase said real property from the LESSOR for the purchase price of
3264.00000 with all normal closing costs and fees to be paid by the LESSOR and LESSEE as
allocated by the closing agent.

8. LESSORshall,at all reasonabletimes during the arm hereof; havethe right, inperson
or by agent or attorney. to enter upon said property and premises for the purpose of inspecting same
determine whether LESSEE is in cormliance with the terms and conditions of this Agreement
subject to the provisions of the Arkanau Medical Marijuana Act and applicable regulations
promulgacd by said act.

9. Allinsurableinprovernents locatedon thepranisesshall bekept insuredwith fire and
extended coverage insurance provided by a reputdile imurance company authorized to do business
in the Stan: of Arkansas at the cost and expense of 1.1188514.

l0. LESSEE agrees that it will not oornmit waste nor permit waste to be done a) or upon
the property and shall maintain said real property and any inprovernents constructed thereon in a
good condition and state of repair during the term of this Lease. natural wear and tear and the actions
of the elements alone excqited.

ll. UZSSOR no responsibility for the operation and conduct of 1138883 or of
any business or activity operated upon the property. and the relationship between the parties hereto
shall be solely that of LESSOR and LESSEE.

12. LESSOR hereby warrants thathe hasan absolute and indehasible title to the premises
andthepropertydeacn'bed aboveandthatthereareno mortgages oranyotha'enctanbrances for
which alien is being claimed as said real property. LBSSOR will during the termhereof,or lawful
extension thereof. defend the same and hold harmless said LESSEE against the lawful claims of any
and all persons whomsoever. LESSEF. further represents that there are no zoning regulations orcode
of restrictions which would prevent the me of the property as intended by the LESSEE.

l3. LESSOR grants to LESSEE aocessand utility rights over and acres the 60 foot right

way known as Industrial Park Drive lying north d'Lot 7 and a partofLot 8 ofthe l-4-3 from
Arkansas State Highway 17 along with the right to install any and all necessary utilities to supply

2

 

125

 

 

solar?Jae

 

wata', power, sewer, elephone, intranet access or any otha necesary taility to the proposed facility
provided such instillation shall not incrfere with the use of said roadway for access purposes for
others needing to use said roadway.

l4. shall fail orrefuseto paythe rentals aforesaidatthetinieand in thernanner
setforth herein. or todoorperforrn anyothaofthecovenantson thepartofLESSEB haein
contained, or shall violate in any particular any of the conditions hereof, and LESSOR shall have
given LESSEB written notice of said de?ciencyand LESSEE has failedto cure aaidde?ciencywithin
25 days of the receipt of said writcn notice ot'aaid de?ciency, or shall become insolvent or bankrupt,
orshall mske an assignment for the buie?t ofcreditors. then in anysuch events LESSOR may, at its
option, declare this Lease terminmd. and shall have the right to enter tpon and take possession of
the property arsi premises, either with a without notice LESSEE. and to evict and expel the
LESSEE. for his agents. or representatives horn saidproperty. without prejudice to any rights which
LESSOR may have for the collection of delinqth rents, for posseuion. or for damages, or for any
other legal remedy. No delay by LESSOR in the exercise of the option aforesaid shall be deemed
a waiver rights to attache same at a later time.

15. LESSEB shall not asign or sublet the premises herein described. nor any portion
thereof. without first having obtained the writer: consentof LESSOR

l6. This Acreunent diall be binding upon theanties hereto their accessors and ?signs.

IN WITNESS WHEREOF, the parties have her-Nob set their handson theday anddate first
heretnabove written.

City of Cotton Plant, LESSOR



Mayor

 

 

126

 

 

IOU) than,?

 



STATE OF ARKANSAS
COUNTY OF WOODRUFF

this day before me personally appeared before me. a Notary Public. duly commissioned,
quali?ed and ?3 a wa'ain and far the state and county aforesaid. . ~_being the
Mayor and City of Cotton Plant, Arkansas. satisfactorily proven to me
to be the persons whose names are subscribed to the foregoing instrument. and acknowledged that
they had executed same for the purposes therein contained.


wrrh'ms my hand and of?cial seal thing: (by ul .20 7.

0 any name

My Coulnlulon Expires:

 

7? )0 2b Ass
(SEAL) mu'ruv-oiiw Moron

ACKNOWLEQGMEQI

STATE OF ARKANSAS
COUNTY OF

On this day. before me personally appeared Danny Brow n. to me personally well known. who
acknowledged that he was a Member of Bold Team, LLC. and that he. as such member. being
authorized so to do. had executed the foregoing instrument for the purposes therein contained. by
signing the name of the limited liability conpany by himselfas such member.

WITNESS my hand and official seal this

 

My Exph?es:

?S?gu



om County

isntros 0941-2039
?960-

   

    
     

 

Nona,

my Commuston
?4 

-

 

     

 

 

127

 



SECTION C. PART 1: CONFIRMATION OF LAND OWNERSHIP

 

LIGHTLE, RANEY, STREIT 4! STREIT, LLP
Attorneys at Law
2" West Arch

Senrcy. Arkansas 72143-5331
Telephone sor-m-m I
Direct No. 501-279-7733

DONALD RANEY J. z. Sf. (ton-45)

SUSANNAII ll. STREIT J. l. unit?. (Ins-u)

R. STREIT Cecil A. redder. Jr. (ton-7n)
August 8, 20I 7

Bold Team. 

c/o Damy Brown

5107 Lochridge Road
North Little Rock. AR 72201

Re: Cotton Plant. Woodruil' County. Arkansas
Limited Title Search

Dear Dnmy:

At your request.l have records from
June l6. l98l. until July l0. 20l7. and undertaken other investigations I deemed necessary
pertaining to the following described real property situated in Woodruil' County. Arkansas. to-witthe NEW. of Section 1. Township 4 North. Range 3 Went and
hehg part of the Cotton Industrial Park and described an
folhms. to-wlt: Commencing at the SE Corner of said Lot 7 of said NEW. and
thence 88? 51' 48" 1327.63 feet and thence 88' 52' 24" 196.0] feet for
the POINT OF BEGINNING and thence 00' 00' 00" 270.26 feet: thence 
88' 52' 24" 1,133.40 feet; thence 08' 39" 3301? feet and thence 88'
52' 24" ?32.57 feet back to the Point of Beginnhig, containing 8.58 acres.
more or less.

My limited record search reveals that the above described real property is vested in the hy
ofCotton l?lnnt, Arkansas. by virtue ofa Warranty Deed recorded June I6, I98 I. in Deed Book
38. Page 930 of the records of WoodrulT ounty. Arkansas. My record search is limited to the name
as contained in the vesting Deed of conveyance and as to the real property described hereinabove.

From my record search. I ccniiy to you for the above noted time hame that there are no any
unsatis?ed mortgages. lenses. materialmnn liens. executions. judgrnatt liens. tax liens or lis
pendens which have created a lien. encumbrance or cloud upon the title to the above described real


 

 

 

128

 

 

The recortk of Woodm?? Cotmty. Arhmaa. re?ect deetk of conveymce by the City of
Cotton Plait, Arkansas. referring v-iona Iota within the Plat for the Cotton Plant malarial Park
Subdivision which appear: to include the above deaerihed real property but no pl. nor my
restrictions to themeofanyofmedty?apmperty for aid foundtohe
recorded ofthe recorda ofWoochuffCotmty. Adam an to aid lots or plan.

My record ael?ch limhenevealed that the tax recortk ofWood'u?' County, Ark-tau. re?ect
tax parcel No.001-032 I0-000 coming the above deserted real property and that any real eatae
aato-id real propeny-eexanpt.

My record couch does not cove my eneroaehmenta or adverse which may he
dehunined from an acourah survey or inqection of the above deactibed real property. any mincal
oil and pa lease: or ?lings of the Unibrm Commercial Code Records of Woorh'u??
County, nor doea it patain to my molded lime or emu.

Sincaely,
mum/(l @6421?:

Donald P. Racy

129

 

 

IOU) Teen,?

SECTION C. PART 1: WRITTEN STATEMENT FROM CITY OF COTTON PLANT

CERTIFYING CONSENT FOR MEDICAL MARIJUANA CULTIVATION FACILITY

 

 

Memorandum of
Understanding

This Memorandum of Understanding is made on Thursday, July 2017. by and
between Bold Team. LLC, an Arkansas Umlted Liability Company, and between the City of
Cotton Plant, Arkansas, and

WHEREAS, Bold Team, LLC, and the City of Cotton Plant, Arkansas, are desirous of
entering into this Memorandum of Understanding between the parties setting out the working
arrangements that each of the parties agree are necessary to undertake the leasing of a tract of
real property situated in the Industrial park of Cotton Plant, Arkansas.

Purpose

The purpose of this Memorandum is to set forth the parties Intended eyeement for
Bold Team, LLC, to lease an 8.58 acre tract of real property in the Cotton Plant induth Park
being a part of said industrial park and lot 8 inthe of Section 1. Township 4 North, Range 3
West of Woodruff County, Arkansas, from the City of Cotton Plant, Arkansas, for the purpose of
constructing a facihty to cultivate, house, process and transport marijuana In a Medical
Marijuana Cultivation Processing Plant. It Is not the intention of the parties hereto to obligate
Bold Team, te construct such a facility but to agree to lease such property if Bold Team,
LLC, is granted the authority to do so by the State at Arkansas, and it secures the necessary
financing to do so.

NOW matron. the City of Cotton Plant, Arkansas, is in agreement to lease the
aforesaid mentioned real property being a part of the Cotton Plant lndustrid Park for 10 years
to Bold Team, LLC, having the option to renew the lease agreement after the 10 year time span
for another 5 years with the option for renewal every 5 years thereafter and other lease terms
as agreed to by the parties as set forth in a lease agreement which has been reviewed and
approved by the parties hereto.

Obligation of the Partners

The Parties hereto acknowledge that no contractui relationship is yet created between
the partles' other than as set forth in this Memorandum of Understanding and agree to work
together in the true spirit of parties desiring the preiect to be undertdr an to ensure that there

 

 

130

 

 

 

with the purpose of mo
probe! and todomonsmu Modal. and mail goals and the
communion: oomph. In Projoa.

Sin on mummy 27, m7

 

 

 

131

 

IOU) than,?

SECTION C. PART 2: PROOF THAT PROPOSED LOCATION IS AT LEAST 3,000 FEET

FROM THE NEAREST PUBLIC OR PRIVATE SCHOOL, CHURCH, OR DAYCARE

 

Part 2. PROOF THAT PROPOSED LOCATION IS AT LEAST 3000 FEET
FROM THE NEAREST PUBLIC OR PRIVATE SCHOOL, CHURCH, OR
DAYCARE. (Attach any necessary additional pages to this form. Include a
header on any attachments. The header for this response should include ?Section C.
Part 

Attached below is a map prepared by a professional surveyor registered in the State of Arkansas. The map is a
property survey displaying a 3,000-ft. perimeter, represented by blue lines extending from the proposed facility
building, which is represented by an orange square in center of the map. The nearest church property is
represented by a black rectangle to the east?northeast of the facility and is clearly outside of the 3,000-ft.
perimeter blue line. Property directly to the west of the church used to be an elementary school, but the school
was closed in 2015. No other school, church, or daycare is located on the map below.

 

CONTINUE ON NEXT PAGE

 

 

 

132

BOLD fungi-LC

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CRYE SURVEYING LLC

12102 HWY 13 NORTH.
HICKORY PLANS ARK 72066
(OFF 
CRVESURVEYING ORG



 

 

 

 

 

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PROPERTY SURVEY FOR THE
USE AND BENEFIT OF
BOLD YEA. LLC

 

 

133

BOLD than,?

SECTION C. PART 2: ORDER CONFIMING THAT SCHOOL AT 457 WEST MARTIN KING WAS CLOSED

The following is a Petition by the Arkansas State Board of Education enacting the closure of Cotton Plant
Elementary on April 10, 2014. The school was located at 457 West Martin King, Cotton Plant, AR, until its 2015
closure. The following Petition is included to verify that no school is located within 3,000 ft. of the Applicant?s

proposed facility.

 

I. On April (State

close the folwa isolated school:

Cotton ?lmy School(0ndes K-3)

2. 


opposethepetition.
3. 


Closure ol'lsolsted Schools the Memes Administmive Procedue Act (Ark. Code Am.
i25-lS-20l et seq.).



4. OnFehntl'y 


5. Onl?ehtuly 


6. District 

7.11melecunently schools intheAugusteSchool District: The Angus
School sad the Cotton Plant Elementary School.

8. For the 20l 3-20I4 school yesr. the Auguste School tesches 194 students in
codes kindemnten (K) though six 

9. F0: the 2013-20? school you. the Cotton Elementty School leeches 33 students in
psdes kindemlten (K) though these 

l0. 
Cotton Plan Elemenwy School should he closed for the following ressons:

Fonhe20l2-20l3 school Plait 
School is The Cotton Plan Elementary School msintsins sizes of
woximstely nine (9) students in kindergarten hon: six (6) to eleven (I l)
Indentsinthe undo. 
Elementty School is higher.

 

134

 

BOLD Tun,?

b. The Augusta School District determined that it must cut its budget in order to
funueacadernicneeds. The
savings generated by the closure of the Cotton Plant Elementary School will allow

swpon technology in the Augusta High School the Augusta Elementary
School. The savings genuated by the closure ofthe Cotton Plant Element-y
School will also allow the Augusta School District to reallocate resources to
improve student achievement throughout the district.

I 1. Among other assertions the patios opposing the closure ofthe Cotton Plant Elementary
School contend the following:

a. The numbers presented to the State Board by the Augusta School District appear
tobein?atcdandtheCotton isnotthereasonthatthe
Augusta School District could be placed in fiscal distress.

b. While the number of students at the Cotton Plant Elementary campus is low. the
students continue to learn and progress. The number at the Cotton
Plant Elementary campus generates enough funrb to keep the school open. Pro-K
students should be included in the ntanbers courted at the Cotton Plant
Elementary campus.

c. Closing the Cotton Plait Eiernentuy campus would present a hardship on
transporting students to and from school.

d. Closing the Cotton Pint Elcrnently campus would hurt the chances for
community md btniness growth.

e. The community did not know that on February 18. 2014. the Augusta School
Board would be voting to close the Cotton Plant Elementary campus.

12. Arkansas Department of Education staff fomd reference to a desegregation case involving
the former Cotton Plant School District. United Qatu of America v. Cotton Plant School. et al..
Case No. 2:70-cv-000l0-IMM. US. District Court for the Eastern District of Arkansas. The
formerCotton School District 
2001. On June 9. 2003. the presiding federal court issued an order granting tatitary status to the
fonner Cotton Plait School District and dismissed existing actions against the district.



I3. Pursuant to Ark. Code Ann. ?[tjhe state board shall only approve a
motion to close isolated schools or parts thereof under [Arie Code Ann. if
the closure is in the best interest of the students in the school district as a whole."

14. From the evidence and testimony received by the State Board pertaining to this matter. the
State Board finds that the motion of the Augusta School District to close the Cotton Plant

 

135

 

 


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136

 

 

sour?Jae

SECTION D: DOCUMENTS VERIFYING COMPLIANCE WITH LOCAL

ZONING

 

Attached is a statement from the City of Cotton Plant, within which the Applicant? 5 cultivation facility will be
located, confirming in the second paragraph that there are no local zoning laws that would interfere with the
construction or operation of a medical marijuana cultivation facility upon the Applicant's leased property.

 

 

 

CONTINUE ON NEXT PAGE

 

137

 

 

APPLICATION FOR MEDICAL MARIJUANA CULTIVATION FACILITY

 



whichmehc?hyhlomd.




No.

 


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?.895 Industrial Park Rd.. Cotton Plant. AR 72036.will be 

 


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139

 

romeo-gnu:

SECTION D. LETTER FROM THE CITY OF COTTON PLANT CONFIRMING NO ZONING

RESTRICTIONS

 

Mayor
Willard C. Rylond

aly Reooulet
Joan Veozey

aw hem
Tobltha Floyd

ClayAldemm
Made Ca?ey
Jesse Jones
Clara Horston
Ervln Lewis
Mary McCUnton
Ernestine Shelton

PO. Do- 220
Men and My!
Conn Plat AR 720?.
8711431121.
Fax: 870.?.201 1.


 

 

 

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August 17, 2017

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140

 

Schedule 1 – Qualifications of Company
BOLD TEAM, LLC (the “Company” or “BOLD”) has assembled a strong team of business leaders and
entrepreneurs in the healthcare, real estate, agriculture, and regulated marijuana industries to build out
and operate a successful medical marijuana cultivation and processing facility in Cotton Plant, Arkansas
and supply the patient population of Arkansas with safe, reliable marijuana medications.
Marijuana Industry Consultants: In addition to the following Team experience, the Company has hired
the services of leading medical marijuana consulting firm, MJ Freeway Business Solutions, to support
facility buildout and business development; train employees; and develop cultivation, extraction, and
infusion standard operating procedures (“SOP”) based on comprehensive state compliance and proven
industry practices.
Chief Executive Officer (“CEO”) Danny Brown: With over twenty years of business leadership
experience, the CEO has taken a hands-on approach to the development and execution of long and shortterm strategic goals of several successful and sustainable businesses. For the past eleven years, the CEO
has served as the President and Owner of multiple companies including, Willy D’s, a popular restaurant
and bar in Little Rock, Arkansas. In 2006, he founded and served as President for RBD Construction,
Inc. based in Pine Bluff, Arkansas. The CEO graduated from the University of Arkansas, Fayetteville in
1989 with a degree in Accounting. For a complete resume for the CEO’s business experience and
accomplishments, please see Exhibit (“EXH”) 1-2 (Page 2 - 4).
Chief Operating Officer (“COO”) Mark Drennan: The Company’s COO has over twenty-five years
of leadership and operational experience in the shipping logistics industry and currently serves as Load
Coordinator at ABF Freight based out of Fort Smith, Arkansas. The COO has overseen the safe and
efficient flow of incoming and outgoing freight across North America to provide seamless transportation
services in short-haul and long-haul markets including managing a fleet of transportation drivers and
dispatching drivers from terminals throughout the United States. Additionally, the COO has co-owned
and operated his own licensed, construction and excavation business for almost fifteen years, where he
has provided services to Arkansas residential and commercial developers. For a complete resume for the
COO’s business experience and accomplishments, please see EXH 1-3 (Page 5 - 7).
Director of Cultivation (“DC”) Alex Stanish: The DC has been the Cultivation Manager for a 300-light
marijuana cultivation facility in Colorado for over a year. In this role, he managed a team of nine
cultivation technicians in cultivation operations, cultivation environmental control, crop scheduling, staff
scheduling, post-harvest marijuana processing, and seed-to-sale tracking. He has managed vegetative
and flowering room nutrition and production as well as spearheaded the facility’s Integrated Pest
Management program centered around daily assessment of economic injury levels, economic thresholds
for control and corresponding biological, physical, and cultural control methods. The DC graduated from
Pennsylvania State University with a B.S. Degree in Agricultural Sciences. For a complete resume for
the DC’s business experience and accomplishments, please see EXH 1-4 (Page 8 - 9).
Director of Processing (“DP”) Aki Smith: The DP has an extensive background in chemistry and the
medical marijuana industry, having held various positions involving processing of medical marijuana.
In his current position as a Lab Director, the DP manages R&D projects for medical marijuana
manufacturing, develops methods for scaling production, co-developed QMS/GMP compliance
programs, and conducts quality control testing of cannabinoid materials. He has previously been
responsible for designing and implementing cannabis extraction systems in compliance with California
medical marijuana regulations. The DP graduated from Skidmore College with a B.A. Degree in
Biochemistry. For a complete resume for the DP’s business experience and accomplishments, please see
EXH 1-5 (Page 10 - 11).

1

 Director of Human Resources (“DHR”) Misty Drennan: The DHR will apply over eleven years of
experience in human resources, payroll, and regulatory compliance in her role as head of human
resources with the Company. The DHR worked as Regional HR Coordinator and Supervisor of Payroll
with CenturyLink in the Arkansas market, where she was responsible for recruitment, pre-employment
drug screenings, and employee orientation as well as ensuring compliance with federal and state equal
opportunity regulations. She currently co-owns and operates a successful residential contractor and
building company in Central Arkansas. She graduated Magna Cum Laude at the University of Central
Arkansas with a degree in Dietetics. For a complete resume for the DHR’s business experience and
accomplishments, please see EXH 1-6 (Page 12 -13).
Director of Security (“DS”) Barry Flannery: The DS has worked in various positions with the Little
Rock Police Department for twenty-eight years. For six years, the DS worked as a detective specializing
in bank robberies and home invasions, where he learned patterns of criminal behavior, identified security
failures for financial institutions and homes, and worked with local financial institutions to enhance their
security. Sixteen years of the DS’s detective career have been spent working as a Narcotics Detective
and a Narcotics Interdiction Detective, where he has worked with local, state, and federal law
enforcement agencies to seize over $7,000,000 of illicit currency, 6,000 lbs. of marijuana, and several
hundred pounds of various other unlawful substances. After completing a program involving substantial
training on security for potentially hazardous locations, the DS received certification from the federal
Drug Enforcement Administration as a Clandestine Laboratory Site Safety Officer. For a complete
resume for the DS’s experience and accomplishments, please see EXH 1-7 (Page 14 - 15).
Director of Inventory and Quality Control (“DIQC”) Cayne Orman: The DIQC has over fifteen years
of entrepreneurial experience in the construction and pest control industries. Founded by the DIQC in
2002, Statewide Pest Control has serviced termite and pest control contracts on over 2,000 commercial
and residential structures throughout the State of Arkansas. Additionally, the DIQC owns and operates
Orman Construction that has constructed over 100 homes in Arkansas and services existing properties
with land development, remodeling, roofing among other construction services. For a complete resume
for the DIQC’s business experience and accomplishments, please see EXH 1-8 (Page 16 -17).
Director of Customer Relations (“DCR”) Robert Lercher: The DCR has nearly fifteen years of
experience in sales and client management in the insurance industry with Qwik-Way Dent Technology,
INC. based out of McRae, Arkansas, where he currently serves as owner and President. With QwikWay, he has trained over 200 technicians and sales representatives in client management and success,
expanded monthly sales by 30%, and streamlined processes to create superior customer service and
loyalty throughout North America and Europe. For a complete resume for the DCR’s business
experience and accomplishments, please see EXH 1-9 (Page 18 - 19).
Director of Accounting (“DA”) Dale Lang: The DA has over thirty-five years of experience in the
accounting and consulting industries. As the owner of Advocate Medical Supply & Mobility, Genesis
Consulting, and Southwest Consulting, the DA’s primary clients were medical service providers,
including equipment & supply companies and hospitals. The DA’s responsibilities included revenue
enhancement, development and implementation of organizational policies and procedures, financial
statement preparation, and auditing. For a complete resume for the DA’s business experience and
accomplishments, please see EXH 1-10 (Page 20 - 23).
Medical Director Kyndall Lercher: The Medical Director currently serves as a Registered Nurse in the
Pre-Op Care Unit at the University of Arkansas for Medical Sciences in Little Rock. In this role, she
assists in planning and coordinating patient care, including administration of medication and performing
treatments and procedures. The Medical Director graduated from the University of Arkansas for Medical

2

 Sciences, Little Rock with a Bachelor’s degree in Nursing. For a complete resume for the Medical
Director’s business experience and accomplishments, please see EXH 1-11 (Page 24 - 25).
Research & Development Medical Liaison (“R&DML”) Robert Young: With over thirty-six years of
medical experience in Arkansas, the R&DML will be instrumental in providing the Company with
research and information concerning qualifying medical conditions. The R&DML has been licensed to
practice medicine in Arkansas since 1981 after both graduating medical school and completing his
residency at the University of Arkansas for Medical Sciences in Little Rock. Since beginning his medical
practice, the R&DML has specialized in OB/GYN where he has experience in the diagnosis, treatment
and prevention of diseases and disorders that affect women, such as breast cancer, cervical cancer, and
menopause. For a complete resume for the R&DML’s business experience and accomplishments, please
see EXH 1-12 (Page 26 - 27).
Director of Community Relations (“DCOR”) Angela Ryland: The Company’s DCOR has been a
resident of the local community where the cultivation facility will be constructed for seven years, and
has operated a real estate business in the city since 2012, which was responsible for a 60% increase in
area home sales. The DCOR was also the Soil Conservationist followed by District Conservationist for
the United States Department of Agriculture – Natural Resources Conservation Service (“USDA-NRC”)
where responsibilities included directing the field office operations and was allotted staff and funds to
carry out programs of the Marianna Field Office. The DCOR previously graduated from the local Cotton
Plant High School and is highly as well as received her Bachelor of Science in Agronomy at the
University of Arkansas at Pine Bluff, AR is involved in both city and county affairs as the President for
the Woodruff County Library Board, President of the Cotton Plant Chamber of Commerce, and
Founding Director of the Cotton Plant Historical Museum. For a complete resume for the DCOR’s
business experience and accomplishments, please see EXH 1-13 (Page 28 - 30).
Assistant Cultivator and Cultivation Technician Loren Fraize and Cody Smith: The Company has
already hired an Assistant Cultivator and a Cultivation Technician with experience in agriculture, botany,
and biology. For complete resumes for the Assistant Cultivator and Cultivation Technician’s business
experience and accomplishments, please see EXHs 1-14 and 1-15 (Pages 31 - 33 & 34 - 35).
Experience in Regulated Industries
CEO: For the last six years, the CEO has owned and operated a bar and grill in Little Rock, where he
has consistently remained compliant with all alcoholic beverage licensing requirements set forth by the
Alcoholic Beverage Control Division (“ABC”) and food safety requirements set forth by the Arkansas
State Board of Health. In addition, the CEO is a licensed, bonded, and insured general contractor with
extensive experience obtaining zoning and building permits to remain compliant with local jurisdictions
in Arkansas. As a licensed CPA and former Chief Financial Officer for Planter’s Cotton Oil Mill, the
CEO has ample experience with financial reporting, SEC regulations, and state and federal tax filings.
COO: The COO has worked as a licensed residential contractor for fourteen years, a role in which he
has remained compliant with local and state zoning codes and permitting.
DHR: For nine years, the DHR worked as Region HR Coordinator for a large international technology
company, where she helped maintain compliance with EEOC/Affirmative Action regulations as well as
state and federal overtime, family and military leave, workplace safety, and immigration regulations for
over 30,000 employees.
DCR: For fifteen years, the DCR has worked in high-level positions in the insurance industry, where he
acquired a working knowledge of regulations set forth by the Arkansas Insurance Department and the
Federal Insurance Office as well as required federal and state insurance reporting to those agencies.

3

 DIQC: The DIQC has owned a pest control company for over fifteen years, where he has maintained
Class 1 and 2 Pesticide Licenses from the Arkansas State Plant Board, which are the highest licenses
obtainable to ensure safe handling, application, and disposal of pesticide chemicals.
DC: The DC has served over a year in Colorado’s medical marijuana industry, where he has learned
compliance at a management level with state rules and Colorado Marijuana Enforcement Division
officials including Limited Access Areas, seed-to-sale inventory tracking and reporting, and pesticide
and nutrient guidelines.
Experience in Agriculture and Horticulture
COO: The COO has been self-employed in the agricultural industry for twenty-six years including the
cultivation of soybeans, grain sorghum, wheat, hay, and raising cattle for commercial markets.
DC: Beyond management experience in a mature, regulated marijuana market, the DC has traditional
agricultural experience and extensive greenhouse agricultural education. Before entering the regulated
marijuana industry, the DC served as Greenhouse Management Assistant at Penn State University where
he managed day-to-day operations for 120,000 sq. ft. of greenhouse space; propagated and cared for
greenhouse crops grown in traditional, hydroponic, aquaponic, and experimental systems.
Experience in Commercial Manufacturing
CEO: The CEO served nine years as General Manager for Planters Cotton Oil Mill, Inc. in Pine Bluff,
where he managed all aspects of processing operations, including production, accounting, and overall
operational administration of 85 employees and $100 million in annual sales of cottonseed oil,
cottonseed meal, and cottonseed husk products. His responsibilities included review of established
production schedules for all manufacturing departments to ensure established inventory levels were met
while operating at the highest efficiency possible; ensuring that staffing and competency levels were
achieved/exceeded in all aspects of the manufacturing process; and developing and executing plant
manufacturing budgets.
Director of Processing: The DP has worked in chemistry-based manufacturing roles for five years,
where he has managed and been directly involved in all aspects of medical marijuana processing
operations, including research and development, production operations, creation and implementation of
SOPs, regulatory and GMP/QMS compliance, and internal testing. His responsibilities have included
processing and refining of cannabis extract for use in production of finish goods and development of a
short-path distillation process for refinement of cannabis extracts.
Experience in Creating and Implementing a Business Plan
CEO: In 2005, the CEO founded a construction business in which he set forward strategic goals and
operational policies and procedures that propelled the company to over $10 million in sales with an
annual net income of $500,000 during a three-year period.
COO: The COO founded and operated his own successful, licensed, insured, and bonded construction
and excavation business almost fifteen years ago for which he implemented a thorough plan for
competing in a saturated construction market by offering high-quality residential construction services
at affordable prices.
DIQC: The DIQC has owned a pest control company for over fifteen years, which he started and
developed into a full service commercial and residential termite and pest control company for over 2,000
commercial and residential structures throughout the State of Arkansas, including pest control treatments
on restaurants and food service businesses. The DIQC has also started profitable constructions
companies for residential and commercial development projects.

4

 DHR: The DHR co-founded and operates a residential contractor business where she has developed the
business over the past fourteen years from the ground up, offering services for new construction,
remodeling, and home additions.
Experience in Creating and Implementing a Financial plan
DA: Possessing over thirty years of experience in accounting and consulting sectors, including the
founding of three businesses, the DA has substantial experience creating and implementing financial
plans within the medical industry, including QuickBooks accounting for businesses, payroll processing,
revenue analysis and enhancement, and organizational planning, and auditing. The DA has implemented
full financial plans for all three of his businesses.
CEO: As a CPA with twenty-eight years of experience, the CEO has considerable experience creating
and implementing financial plans within the cottonseed oil milling industry, including executing
financial reporting, inventory analysis, production reporting, cost accounting, working with auditors,
preparing budgets and forecasts for loan requirements, fixed assets and depreciation, insurance, property
taxes, accounts payable, and accounts receivable. Additionally, the CEO has implemented a full financial
plan with his independently-owned construction company.
Experience with Secure Inventory Tracking and Control
In addition to the following Team experience, medical marijuana consultants,
, will fully train the Company on all features and functionalities of its marijuana industry seedto-sale inventory tracking system,
, and provide the Company with full SOPs on
all seed-to-sale inventory tracking events.
COO: While working as a Fleet Manager for an international logistic company, the COO managed a
fleet of thirty-five drivers and coordinated shipments throughout North America. He also has acquired
experience working as a Load Coordinator to efficiently manage the flow of freight in compliance with
local, state, and federal laws and regulations. Additionally, in this role he has experience with chain of
custody forms for controlled substances for the pharmaceutical industry.
Director of Cultivation: In his role as Cultivation Manager with a large, regulated marijuana cultivation
facility in Colorado, the DC has extensive management experience in seed-to-sale tracking through
Franwell’s METRC to remain compliant with state inventory tracking and reporting rules and
regulations.
Director of Processing: The DP has spent nearly his entire career working in the regulated California
medical marijuana industry, where he has been responsible for working directly with seed-to-sale
inventory tracking and compliance with California Department of Food and Agriculture regulatory
requirements.
Experience with the Cultivation and Production of Medical Marijuana
In addition to the following experience, the Company will benefit from decades of commercial medical
marijuana cultivation and production experience provided by leading medical marijuana consultants, MJ
Freeway Business Solutions.
DC: The DC has been the Cultivation Manager for a 300-light marijuana cultivation facility in Colorado
for over a year. In this role, he has managed a team of nine cultivation technicians in cultivation
operations, cultivation environmental control, crop scheduling, staff scheduling, post-harvest marijuana
processing, and seed-to-sale tracking. He managed vegetative and flowering room nutrition and
production as well as spearheaded the facility’s Integrated Pest Management program.
DP: The DP has managed processing operations throughout the medical marijuana industry for five
years. Currently, he serves as a Lab Director, responsible for R&D projects, QMS/GMP compliance,

5

 and cannabinoid potency analysis. He has previously worked in various chemistry-based roles
performing and overseeing medical marijuana processing operations.
Exp. as an Owner or Manager of a Business that Requires 24 Hour Security and Monitoring
DS: As a Bank Robbery & Home Invasion Detective, the DS learned patterns of criminal behavior,
identified security failures in 24-hour security for financial institutions and homes, and worked with local
financial institutions to enhance their 24-hour security. The DS maintains certifications from the federal
Drug Enforcement Administration in Clandestine Laboratory Investigation and Safety and as a
Clandestine Laboratory Site Safety Officer.
COO: While working as a Fleet Manager and Load Coordinator, the COO was responsible for the
security of both pending and in-transit shipments. Part of the COO’s duties involved 24-hour security
tracking and monitoring of shipments to ensure that delivery was on-track for efficiency and security
purposes.
Schedule 2 – Ability to Operate a Cultivation Facility—2A – Cultivation/Manufacturing
Detailed Plan for Producing Sufficient Quantities: The Company has developed the following polices
to ensure the cultivation and production facility will produce sufficient qualities of approved medical
marijuana products to meet the needs of the medical marijuana patients of Arkansas.

Production Schedule:

Estimated Number of Plants Grown at Any One Time:

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

6

 Types of Medical Marijuana Strains Grown in the First Year:

List of All Marijuana Products Produced in the First Year:

Description of Cultivation Procedures:

Growth Mediums:

Pesticides or Other Chemicals Used:

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

7

 Types of Areas Used During Various Stages of Growth:

Manufacturing and Processing Procedures:

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

8

 Testing Plan:

Plant Cross-Contamination Plan:

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

9

 Disposal of Waste Plan:

2b – Facilities

Drawings, Maps, and Pictures:

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.
10

 Facility Utilization

:1 11111 in [)Inl plan \u-l I on page 81 *2

 

illaterials: -

Exterior walls:-

Wax Obsen'ation: 


The material 011 this pa ge is requested to be Con?dential and redacted from any
Freedom of Information request. 1

p?a

Olfactory Stimuli:

Light:

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

12

 Ventilation and Mold Prevention:

Noise:

2C-Security and Storage

Type of Alarm System:

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

13

 Type of Video Surveillance:

Other Means of Security or Surveillance:

Other Means - Perimeter Security:

Other Means - Controlled Access:

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

14

 Other Means - Primary Entrance:

Other Means - Failure Notification and Prevention:

Retention Plan - Security/Surveillance Records:

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

15

 Diversion Prevention:

Additional Plans or Methods - Procedures:

Additional Plans or Methods - Inventory & Investigations:

Additional Plans or Methods - Visitor Protocols:

Storage:

2d – Labeling, Packaging, and Weighing
Packaging:

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

16

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Transportation Containers:

 

 

 

 

 

 

 

 

 

 

 

The material 011 this page is requested to be Con?dential and redacted from any Freedom of
Information request. 17

 

?llet/10d of Labeling:

 

2e Transportation

Diversion, Loss, and Theft Prevention During Transport: 

Vehicle and Personnel Requirements:

Weighing, Packaging, and Preparing for Transport:

The material 011 this pa ge is requested to be Con?dential and redacted from any Freedom of
Information request.

p?o
00

Delivery Procedures:

En Route:

Unnecessary Stops & Alternative Routes:

Inventory Manifest:

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

19

 Delivery Discrepancies:

Accidents:

Schedule 3 – Operations Plan
Business Description: If granted an Arkansas Cultivation License, the Company will cultivate, process,
package, label, and distribute medical marijuana to licensed dispensaries in the State of Arkansas. With
the guidance of
Solutions and the decades of combined business and operational
talent of the Company’s Owners and operators, the Company is uniquely positioned to become the
preeminent medical marijuana facility in Arkansas. The Company will be operated by people who truly
understand and respect the regional culture, history, economy, politics, and business processes. The
Owners will foster Company culture based on trust, respect, and an innovative, can-do spirit and will
actively pursue community outreach to ensure that both the Company's facility and the Arkansas
Medical Marijuana Program are a benefit to the State of Arkansas.
Company Facility:

Projected Income:

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.
20

 Description
of
Estimation of Capital:

Description of Debt Commitment:

Capital Expenditures:

Long Term Stability:

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.
21

 Employment Practices: The ompany?s leaders and Directors are passionate about creating a working
enviromnent that supports and fully engages employees and will create a culture of engagement that
creates tiust in leadership. career development. and employees 1u1derstanding of their personal roles in
the success of the Company and shared decision making.

Staf?ng Requirements: The Company has allocated 25 full-time employees upon launch of the facility.
including two -Suite. 12 skilled and 11 unskilled positions. For a full organizational chalt. employee
allocation chart. and full roles and responsibilities of facility positions. please see EXHs 1-1 (Page 1) and
3-10 (Page 233 - 236).

Hiring Practices: The Company will prioritize the hiring of local members of the community with
disabilities or hardships and who are minoiity. female. or ?'om other Imden'epresented groups such as
the lesbian. gay. bisexual. and transgender conmnmity.

Hiring Criteria: The Company is to rec1uiting and local. quali?ed employees whose
backgromid and expeiience match each peison?s requirements per the job description and who possess
applicable. speci?c skill sets necessary to bring quality. safe products to the market. Each position within
the organization will have a detailed job including roles. responsibilities. requirements. and
quali?cations associated with that position. To engage with those top candidates. the Company will
reward referrers: utilize community agencies and organizations: post job descriptions to professional

 

The material 011 this page is requested to be Con?dential and redacted ??om any Freedom
of Infonnation request.
22

Operational Timeline:
The Operational Timetable which shows we
are shovel ready with land and permits in
hand, identifies the major milestones from
the estimated time receiving a license to the
final walk-through of the facility and
beginning production. For a highly-detailed
Operational Timetable expanding on the
milestones below, please see EXH 3-1 (Page
159 - 161).
Schedule 4 – Financial Disclosure
Legal Sources of Finance Immediately
Available to begin operating a cultivation
facility:

Sources of Funds:

Uses of Proceeds:

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.
23

 Disclosure of Bankruptcy Filings by the Company: No Owners or operators have ever filed for
bankruptcy in any jurisdiction.
Credit histories for the Company:

Summary of Financial Statements for Business Previously or Currently Owned or Operated by the
applicant Owners of the Entity: Please see EXH 4-3 (Page 336 - 361) for complete financial statements
for businesses owned by Company Owners.
Schedule 5 – Affiliation with a Medical Doctor
Robert Percy Young, M.D., will serve as the Company’s Research & Development Medical Liaison
(R&DML) and affiliated Medical Doctor. Dr. Young is a physician licensed by the Arkansas State
Medical Board, with experience in diagnosis, treatment, and prevention of diseases and disorders such
as cancer. As the R&DML, Dr. Young will conduct research into different medical marijuana strains to
help target and treat specific qualifying medical conditions. Part of this research will include keeping up
with developments in the industry and applying these advancements to the Company’s strain cultivation
and product development activities. Dr. Young will also interact with dispensary clients to provide
information and education on the Company’s strain and product offerings, including pill and
vaporization options. Please see EXH 5-1 (Page 362)
Schedule 6 – Economic Impact and Diversity
County: Woodruff County (Tier 4)
Ownership: 51% ownership in the cultivation facility by women
Schedule 7 – Community Benefit
Local Community Impact: BOLD TEAM, LLC’s medical marijuana cultivation facility in the City of
Cotton Plant, Arkansas, will provide significant benefits to the impoverished local community. Cotton
Plant lies in rural Woodruff County, where 25.8% of the ~700-person population lives at or below the
poverty level, according to the United States Department of Agriculture (2015). In 2013, City general
funds receipts totaled $173,866. However, total disbursements exceeded receipts by $4,197, with 95%
of funds going to general government administration and law enforcement, thus depriving the
community of funding for recreational, cultural, and assistance programs. Please see EXH 7-2 (Page 364
- 371) for a copy of the 2013 Audit of Cotton Plant, Arkansas. The City of Cotton Plant is excited by the
benefits that the Company’s proposed facility will bring and has permitted the facility to be built on land
leased directly from the City. EXH 7-1 (page 363) includes a Memorandum of Understanding signed by
Mayor Willard Ryland of Cotton Plant, affirming that BOLD Team may use the land owned by the City
to operate a medical marijuana cultivation facility. City council members voted unanimously to allow
the land lease for the medical marijuana cultivation facility. Please see EXH 7-3 (Page 372 - 374) for a

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

24

 copy of the City Council minutes. The City and Company have reached a documented agreement for
the Company to contribute 1% of gross sales to the City as a tax. Please see EXH 7-4 (Page 375) for the
tax agreement between the Company and the City.
Mayor Ryland’s letter identifies several benefits that the BOLD Team facility will bring to the City and
the local community, including “significantly increase[d] tax revenue, […] much needed jobs, […]
and […] immediate revenue to the City from lease income on property that is currently unused.” With a
combination of sales/property tax revenue and charitable gifts, Company funds will aid programs to
enhance the cultural and economic vitality of the City and improve quality of life for all City residents.
BOLD Team plans to hire locally, creating well-paying jobs for local people and directly improving the
lives of many City residents. Increased water consumption by the facility will resolve a major City issue,
allowing the City to maintain safe and proper standards for water and sewage systems used by all
residents. Because BOLD Team believes that actions speak louder than words, the Company has already
begun assisting the local community in Cotton Plant through charitable activities, including the purchase
of a freezer for the Cotton Plant Food Pantry and a donation to the Cotton Plant City Museum. Please
see EXH 7-5 (Page 376 - 377) for a Letter of Appreciation from the Mayor of Cotton Plant and EXH 76 (Page 378).
7a – Substance Abuse Plan
Abuse Prevention: The Company is fully aware that responsible medical marijuana use to treat
qualifying medical conditions has the potential to turn into marijuana abuse that can cripple a
community. The Company accepts the moral responsibility to educate local community members to
prevent such an unacceptable outcome. To mitigate marijuana abuse, the Company will work with local
substance abuse organizations, including the Woodruff County Court and its court ordered drug
awareness program vendors.
7b – Compassionate Care Plan
Compassionate Market:

7c – Research, Education, Patient/Public Safety Plans
Research:

Community Education: An important role of the Company will be educating the community not only
on its operations, its community role, and community initiatives, but on the benefits of marijuana as a
medicine and the medical marijuana industry in the State of Arkansas and the nation. To address
concerns the community may have, the Company will offer public education seminars to provide an
opportunity for local community members to learn more about healthcare and medical marijuana. These
free seminars will be open to the public, and will include lectures by local and national healthcare and
medical marijuana professionals.
7d – Ownership:
Ownership: 100% ownership of BOLD TEAM, LLC is by Arkansas residents

25

 BOLD TEAM, LLC

ARKANSAS MEDICAL MARIJUANA
CULTIVATION LICENSE APPLICATION

SECTION EXHIBITS

 

IOID Mill:

EXHIBITS TO SUPPLEMENT SECTION 
MERIT CRITERIA

 

 

 


SCHEDULE 1 EXHIBITS 1
Exhibit 1-1 Organizational Chart 1
Exhibit 1-2: CEO?Danny Brown Resume 2
Exhibit 1-3: Drennan Resume 5
Exhibit 1-4: Alex Stanish?Director of Cultivation Resume 8
Exhibit 1-5: Aki Smith?Director of Processing Resume 10
Exhibit 1?6: Director of Human Resources?Misty Drennan Resume 12
Exhibit 1-7: Director of Security?Barry Flannery Resume 14
Exhibit 1-8: Director of Inventoy and Quality Control?Cayne Orman Resume 16
Exhibit 1-9: Director of Customer Relations?Robert Lercher Resume 18
Exhibit 1-10: Director of Accounting?Dale Lang Resume 20
Exhibit 1-11: Medical Director? yndall Lercher Resume 24
Exhibit 1-12: Research Development Medical Liasion ?Robert Young Resume 26
Exhibit 1-13: Director of Community Relations?Angela Ryland Resume 28
Exhibit 1-14: Assistant Cultivator - Loren Fraize 31
Exhibit 1?15: Cutivation Technician - Cody Smith 34
SCHEDULE 2A 36
2A-1: PRODUCTION SCHEDULE FOR THE FIRST RUN 36
EXHIBIT 2A-2: WORKFLOW DIAGRAM WITH TOTAL PLANT COUNTS IN THE FACILITY 39
EXHIBIT CONFIGURATION SPECIFICATIONS 40
EXHIBIT 2A4: STRAIN LIST 47
EXHIBIT 2A-5: SELECTED CULTIVATION SOPs 49
Exhibit 2-5.1 Cloning SOP 49

 

BOLD 

Exhibit Curing SOP 58
EXHIBIT 2A-6: PESTICIDE USE 63
Proposed Pesticides 63
EXHIBIT NUTRIENT LIST 64
EXHIBIT PRODUCT OFFERINGS FOR THE FIRST YEAR 66
EXHIBIT 2A-9: EXTRACTION TEK DESCRIPTION 68
EXHIBIT 2?10: TESTING POLICIES AND RESULTS CHARTS 72
SCHEDULE ZB 76
EXHIBIT 2B-1: BLUEPRINT OR DRAWING OF THE FACILITY 76
EXHIBIT 23-2: PLOT PLAN 81
EXHIBIT 23?3: COLOR PHOTOS OF 83
EXHIBIT SPECIFICATIONS 84
SCHEDULE 2C 85
EXHIBIT SECURITY DEVICE SUMMARY 85
EXHIBIT ALARM INSTALLATION SPECIFICATIONS 88
EXHIBIT 2C-3: ALARM ACCESS ALARM COVERAGE LAYOUT 92
EXHIBIT ACCESS CONTROL DEVICE LAYOUT 94
EXHIBIT ALARM SYSTEM SPECIFICATIONS 96
EXHIBIT 2C-6: CAMERA LAYOUT 98

EXHIBIT 2072? INTERIOR CAMERA 100
EXHIBIT CAMERA 104
EXHIBIT VIDEO MANAGEMENT SYSTEM 108
EXHIBIT VDIEO RECORDER 122
EXHIBIT DOOR ACCESS SPECIFICATIONS 126
EXHIBIT PROGRAMMABLE ACCESS PLATFORM 128

EXHIBIT CONTROLLER SPECIFICATIONS 130
EXHIBIT FOR LIMITED ACCESS CONTROLS 133
EXHIBIT 2C-15: VISITOR SOP AND VISITOR LOG SAMPLE 135
EXHIBIT PRIMARY ALARM SYSTEM CONTROL HARDWARE 139
EXHIBIT MODULE 142
EXHIBIT GRAPHICAL MANAGEMENT SYSTEM 144
EXHIBIT MONITORING SYSTEM 148
EXHIBIT 2C-20: BACKUP ALARM SPECIFICATIONS 150
SCHEDULE ZD 154
EXHIBIT 20-1: SAMPLE PACKAGING 154
EXHIBIT 20-2: SAMPLE LABEL 156
SCHEDULE 2E 158
EXHIBIT 2E-1: SAMPLE INVENTORY MANIFEST 158
SCHEDULE 3 159
EXHIBIT 3?1: DETAILED OPERATION TIMETABLE 159
EXHIBIT 3-2: BOLD TEAM BANK ACCOUNT AND VERIFYING LETTER 162
EXHIBIT 3-3: LOAN COMMITMENT FROM ALLIANCE COMMERCIAL CAPITAL 164

BOLD 

0

EXHIBIT 3-4: PAYMENTS To DANNY BROWN PLEDGED TO BOLD TEAM 16

EXHIBIT 3-5: LINE OF CREDIT BACKED BY EQUITY FROM FIRST SECURITY BANK 225
EXHIBIT 3-6: STARTUP CAPITAL EXPENDITURES TABLE 227
EXHIBIT 3-7: COMBINED BALANCE SHEET FOR ALL BOLD OWNERS 228
EXHIBIT 3-8: FINANCIAL STATEMENT PROJECTION OF THE OPERATIONS 229
Year 1 to Support Financial Statement Above 230
Year to Support Financial Statement Above 231
EXHIBIT 3-9: CAPITAL EXPENDITURES FOR FACILITY BUILDOUT 232
EXHIBIT 3-10: EMPLOYEE ROLES AND RESPONSIBILITIES 233
EXHIBIT 3-11: GENERAL CONTRACTOR PROPOSAL WITH ALL BUILD OUT COSTS 237
EXHIBIT 3-12: BOLD TEAM, LLC GUARANTY AGREEMENT PLEDGING ALL PERSONAL ASSETS TO THE COMPANY 240
SCHEDULE 4 242
EXHIBIT 4-1: SURETY BOND PRE-APPROVAL 242
EXHIBIT 4-2: CREDIT HISTORIES FOR APPLICANT AND ALL OWNERS 244
Exhibit 4-2.1: Kyndall Lercher Credit Report?Owner?Medical Director 245
Exhibit 4-2.2: Misty Drennan Credit Report?Owner?Director of Human Resources 254
Exhibit 4-23: Mark Drennan Credit Report? Owner?COO?Applicant 2 7 7
Exhibit 4-2.4: Danny Brown Credit Report 300
EXHIBIT 4-3: FINANCIAL STATEMENTS FOR BUSINESSES PREVIOUSLY OR CURRENTLY OWNED OR OPERATED BY THE APPLICANT OWNERS
OF THE ENTITY 336

EXHIBIT 4-4: PERSONAL FINANCIAL STATEMENTS FOR BOLD OWNERS 356
Exhibit 4-4.1: Personal Financial Statement for Kynda/l Lercher?Owner?Med Dir 357
Exhibit 4-4.2: Personal Finacial Statement for Misty Mark Drennan?Owners?DHR; COO 359
Exhibit 4-43: Personal Financial Statement for Danny Brown?Owner?CEO 360

SCHEDULE 7 362

EXHIBIT 7-1: LETTER FROM THE CITY OF COTTON PLANT 363

EXHIBIT 7-2 CITY OF COTTON PLANT FINANCIAL REPORT 364

EXHIBIT 7-3: COTTON PLANT CITY COUNCIL MINUTES FOR VOTE ON BOLD FACILITY 372

EXHIBIT 7-4: DECLARATION OF INTENTION OF 1% OF GROSS PROFITS TO THE CITY OF COTTON PLANT 375

EXHIBIT 7-5: LETTER OF APPRECIATION FROM CITY OF COTTON PLANT FOR A DONATION TO FOOD PANTRY 376

EXHIBIT 7-6: LETTER OF APPRECIATION FROM THE COTTON PLANT HISTORICAL MUSEUM 378

 

 

SCHEDULE 1 EXHIBITS

EXHIBIT 1?1 ORGANIZATIONAL CHART

 

 

BOLD Team,?

EXHIBIT 1-2: BROWN RESUME

Dan ny W. Brown
Chief Executive Otticer



Position Summary

BOLD LLC's Chief xecutlve Officer will be responsible for the high 4evel management of the Com pany, with
duties including setting strategy and direction, assigning company priorities, and overseeing the general
effective and efficient operation of the Company as a whole.

Experience

Willv ll?s Rock and Piano Bar Wmdmamhmm
Presrdent and 100% Stockholder
December Nil-Present

M, 
President and 100% Stockholder
April 2016-Present
Altitude is 50,000 square loot indoor trampoline park that is currently under construction in
NJ. The park IS scheduled to open in late Fall 2017.

RBI) Inc. 
President and 100% Stockholder
March lam-September 2016
0 R80 is a licensed, bonded and insured general construction company with specialties in roofing. metal
burldings and rough carpentry. We are licensed in multiple states and perform both general
contracting and subcontract work. R80 had sales in excess of $10 Mil in both 2008 and 2009.
0 My duties include estimating and bidding proiects, organizing the work schedule of our SO-man crew,
and rewewing all fmancual aspects of the corporation.
0 I started this company in 2005 and grew it to over $10 in sales with net income of in rust
three years.

RV Sales and \er'vn?e
President and 100% Stockholder
March 2013-April 2015

 

BOLD Team,?

Danny W. Brown
Chief Executive Ot?cer



Hamlet 5 Oil Mill, 

General Manager
September 1997-March 2006
Planters is an agricultural cooperative With 85 employees and $100 million in annual sales.
0 My duties included the overall management of all aspects of the processing operation, including
production, accounting and duties; reported directly to Board of Directors.

0 Project and budget manager for $25,000,000 in construction projects in 16 years.

(lil Mill, 
Chief Financial Officer
July 1990-September 1997
Duties included financial reporting, inventory analysis, production reporting, cost acc0unting, working
With auditors, preparing budgets and forecasts lor loan requirements, fixed assets and depreciation,
insurance, property taxes, accOunts payable, accOunts receivable, construction in process and many
speoal proiects as the need arose,
Responsible for all aspects of construction of Our new $15,000,000 cottonseed oil mill built in Pine
Bluff, AR.

l-Ii'nst Young, (SP/ks
Staff Accountant
September 1989-July 1990
Duties consisted of auditing cash, accounts receivable, inventories, fixed assets, prepaid insurance and

investments of SEC and privately held companies.

Ranilv Farms
Summer Employee
Summers of 1987-1989
0 Duties consisted of bookkeeping, deliveries, shipping orders, chemical spray records, fertilize records

and inventories.

 

 

BOLD 

Ed cat inn



Umvomtv of mkansas AR
Augmt 108?) May 108')

11 .. .I
Stat (.Itv (AR) sumo: High bLhull
May 108':

Certi?cations, Licenses, and Qualifications

0 (omfmd Puhlnr 

Danny W. Brown
Chlei Executive Oificer

n9!

BOLD fungi-LC

EXHIBIT 1-3: DRENNAN RESUME

Mark Drennan

Position Summary

BOLD LLC's Chief Operating Officer will be responsible for managing the daily operations of the cultwation
facility, with duties including direct communication with director-level employees, collaboration with the Chief
Executive Officer and Director of Accounting to create and implement business and financial plans, and

ensuring that BOLD complies with all contents of its licensing application materials.

Experience

man l)i l.l.(I
Co~0wner, Residential Contractor
loos-Present
- Orman and Drennan prowde home remodeling/additions.

0 Construct residential homes from the ground up in accordance with local and state building codes,

M.irk Dri?nnan (innsti?m'tinn

Owner, Residential Contractor, Buulder

2003-Present
0 Construct residential homes from the ground up in accordance with local and state building codes.
0 Home remodeling/additions.

Alil? Freight. lm?
Load Coordinator
.lun 2009-Present
Coordinates the safe and efficient flow of freight in and out of outlying terminals and relay stations
adhering to government laws and regulations.
0 Works closely with the Time Critical Department, customers, and Central Dispatch.
Administers disciplinary action to employees as needed.

AllF Freight, Inc.
Line Haul Supervrsor
May 2009
Dispatched drivers in and out of terminals in the Little Rock-Dallas areas

0 Entered hours of service in the computer.

 

 

actor?.91:

 

- Mark Drennan

Chlel Operating Officer

0 Graded drivers logs.
0 Made necessary adjustments to the instructions left by the load coordinator when working nights.
0 Administered action to employees as needed.

Bruce Oakley Trucking
Fleet Manager
January 1999-May 2000
Managed a ?eet of 35 drivers, coordinating pick-ups and delverles throughout 0.5., Canada and
Mexico. Maintained hours of service records of al 35 drivers.

ABF

Fol-Time Dock Employee

August 1994-lanuary 1999
Load/unload freiht, make pick-ups and deliveries and hostle.
Hosting included dropping. hooking and hosting the dock.

ABF
Casual Checker
April 1992-August 199i
0 Loaded/unloaded lreight a timely, sale and ellicient manner.

Education

High School Diploma
Beebe High School

Arkansas State University 100 credit hours)

Other Experience

Sell-employed May 1991-present in the areas of agriculure and construction.
Agriculture

Raising crops such as soybeans, grain sorghum, wheat, hay, and cattle.
Construction

Residential Contractor for the state of Arkamas since 2GB.

 

 

 

aunt-.36

- Mark Drennan



Al areas or residential construction constructing homes from the ground up in accordance local and state
building codes.

Embn

Operated an excavation branch of the residential construction business consisting oi site prep, drainage,
grading, holding pads. road construction, pond building, and any type of earth moving services adhering to
guidelhes set bythe A060. (Arkansas Department of Enviounental 

Certi?cations. Licenses. and Quali?cations
0 Residential Contractor license 0014592 (zero violations to date)
0 Arkansas Commercial Driver's license

 

 

 

 

EXHIBIT 1-4: ALEX 0F CULTIVATION RESUME

Alex Stanislr

Directorolmhivatlon

 

Postion Sums-y
The Otector oi asltivation tell he responslrie ior manninettie Cukivation technicians and all daectiy
oversee al stages oi cultivation operations. inciudin; propagation. vegetation. flowering. and harvesting.

Experience

Apothecary Farms
Cultivation Manager
September rots-mum
- Assbted Dkector oi Cultivation bootstrapping witivation side oi company's start-up. cwtlication.
and truld- out oi soo cunivation iaclny.
- Desbned and constructed reservoir based irrhation and drainage network. including custom iertlher
inhaion system ior dram to waste production
- Asset manual. a wrrent team at 9 in daily cultivation operations. elicitation environment control.
crop schedulu, stall scheduling, post-harvest cannabis processing. and seed-to-sale tracking In
MURC
Menace metatlve and ibwerin? room nutrition/production and remedy improper nutrition through
nutrient solution manipuhtion with raw salts
Created and currentiy need integrated Pea Management program centered around daly assessment
oi economic injury levels, economic thresholds for control and corresponding biological, physical, and
cultwal control methods.
instkuted data collection pohts ioruse in monitoring performance and stathticel analysh of
production practices and inputs
- Coiboorate with extraction team to culivate strains will dwerse secondary metabolte pro?les to aid
in control oi associated with various medical conditions

 

 

 

 

Alex Stanlsh

College of Agricultural Sciences - Penn State
Greenhouse Management Asslnant
May 1016 - September 2015

The Schatz Center for Tree Molecular Genetics
Undergraduate Research Asslnant
May 2014 - August 2016

Tomato Breeding Program. Malld Foolad Lab
Undergraduate Research Asslaant

Education

8.5. from College of Agricultural Sciences
The State Universt - Univershy Park. PA

DirectorotCuhlvation

Assbtad In managing day to day operations for sq. ft. of greenhouse space

Propagated and cared lor greenhouse crops grown in tradhlonal. hydroponic. aquaponic. and
emerlmental systems

Prepared nutrient sobtions and WW6 composition of eaisthg nutrient solutions

lull and repaked tradhlonal irrigation systems, hydroponic and aquaponic systems. and experimental
cultivation systems

Scouted lor pest and disease organisms lollowed by subsequent application and monitoring of
biological control agents

Cleaned and prepared greenhouse environments for research and teaching activities

Monitored and adjusted greenhouse environmental control and mechanical system

Performed wet handiwork including CTAO and kit DNA lsolations. PCR ampil?ication and primer
preparation, Restriction Enzyme Digests, Gel electrophoresis and inaghg

Maintained tree research plots and cleared research plots 0! weeds, brush, and downed trees
Collected data on Great Ash trees and the (maid Ash Borer

Made successful cross pollnations of Rll's to produce hybrid seed for cuhiver development
Cultivated heathy tomato plants from seed to harvest whle preventing nutrient delidencies and
toxicities

Created and malntahed culures oi Late light strains used in resistance breeding programs and
research

Assbted with phenotypic scoring of tomato plants for Late resistance and susceptbility

 

 

 

EXHIBIT 1-5: AKI 0F PROCESSING RESUME

Akl Smith

Directoroim

 

Fashion Summary
The Dbector of Processing wil be responsible for managhg the trunnion/infusion technidans and wil

direct? oversee al procesdu/manufecturhg activities, attractions and infusions.

Experience

International Bioccudcal
lab Director
February 2017 - Present
- Managed "10 projects and formulations {or medical mar?uana manufacturer
- Developed and inproved rnanuiacturing methods for sealing production
. Co-deveioped MS [or amplanoe and manqed trainhg program
- Destned pre-clnicai trial to determine ef?cacy of products over time based on cannabinoid blood
plasma ieveis
- Anaivud iorQC

HMB LLC

Operations and MD Chernkt/Consuitant

2016 - February 2017
- Deshned and implemented advanced cannabis attraction system in compliance with state reguiations
. leseerched and developed short-path distilation process for "Memento! cannabb extract
- Consuited on raw materhi purchasing and packaging cornplance for out oi state markets

Futurez Labs
Process and Maiyticel Chemist
2016-2016
- Researched and developed products and SOP: for medicai marijuana marinet
- Processed and refhed cannabis extract ior use in productiono?n-home finished goods
- Managed new and existing research partners and moaned contract terms for coIaboration
. Educeted sales representatives on cannabis product: and under?ing science

 

10

 

 

 

Aki Smith
Director oi Prooeshg
Bay Fresh Greenery
Operetions Menqer
2015-2015

- Developed CCOF-oertified organic. moduier, indoor microgreen production system
- Overseer microgreen production et operetions iedlty
- Negothted oontrects with wholeselers end resteurents

Cannabis Consultant

2013-2015
- Overseer end destned cennebb asitNetion systuns ior Indoor end outdoor gerdens
- Selected genetics end identified terpene profles for medial merkets
- Advbed dispensed. on improving cennebis extrection yield end oueihy

Hermetic Extracts

Colander/Infect Chemist

2012-1014
- leseerched end developed methodologies for extredion oi speclic cennehinoids end terpenes
- Purchesed, Inspeaed. end processed rew meterieis. dixrbuted ?nished medicine to medial petients
- Negotleted oontrects end meinteined client reietions

Threshold Enterprises
new meterieis Anelyst. Quelty Control
2012-2011
- inspected incoming meterieh end outgoing products for defects
- Prepered semples for reievent tests to comply with FDA end NSF cert?cetion
- Drefted stenderd opereting procedures end work instructions iorGMP stenderds

Bducetion

BA. in Biochemistry
Skidmore College - Seretoge Springs, NY
Mey 2011

Paci?c Collegiate School
Sente Cruz. CA
Mey 2007

 

11

 

 

BOLD fungi-LC

EXHIBIT 1-6: DIRECTOR OF HUMAN DRENNAN RESUME

Misty Drennan
Director of Human Resources

misty.drennan@yahoo.com

Position Summary

The Director of Human Resources will be responsible for all human resources functions at the Company.
including guaranteeing compliance with local, state, and federal laws and employment regulations, time entry
and payroll, recruitment, pre-employment screening, and new employee orientation.

Experience

8: llrt-nnan Rimlmu, 
Co-Owner
2017-Present

Specializes in metal and asphalt shingle roofing.

(intl Realty
Real Estate Sales Assocrate
May 2012-Present
0 Sold in excess of $50 million in combined sales of residential and commercial real estate in the last 5
years.
0 Responsible for ensuring all contracts comply with Arkansas Real Estate Law,

0mm: 8.: Ilr'vnnan, 
Co-Owner, Residential Contractor, Building
ZOOS-Present
0 Home remodeling/additions.
0 Construct residential homes irom the ground up In accordance with local and state building codes.

Mark 
Owner, Residential Contractor, Burider
zoos-Present

0 Home remodeling/additions.

0 Construct residential homes from the ground up in accordance with local and state building codes.

 

 

12



Misty Drennan
Director of Human Resources

misty.drennan@yahoo.com

(Ii-ntu ilen 

Payroll Superwsor
2009-2012

Leader of a team that was responsible lor time entry and payroll, including required withholdings, lor
30,0009 employees.

Was instrurnentai in the payroll conversions for two maior acquisitions (Embarq and Qwest).

0n the conversion team which tested the payroll software for 606 Union Locals, all of which had
speCIfic contract language regarding hourly employees pay and payment of union dues.



Region HR Coordinator
2000-2009

CenturyLink is an EEOC employer, and was responsible for ensuring the requirements were met for
EEOC and Affirmative Action.

Responsible for recruitment, ore-employment drug screenings/background checks, and employee
orientations for the Arkansas Market as well as the Regional office ior AR, MS, AL, and TN.
Maintained the HR/Payroll system (SAP) for all employees in the Region.

Led team during union negotiations and was responsible for implementing the new contract
requirements regarding HR and Payroll.

Education

Real listtitc License

2012

HS Degree in llii?totim

University of Central Arkansas, Conway, AR (Magna Cum Laude)

1998

High School Diploma
Rose Bud, AR

1992

 

13

 

BOLD fungi-LC

EXHIBIT 1-7: DIRECTOR OF FLANNERY RESUME

Barry Flannery

DirectoratSeairii

Position Summary

The Director of Security will be responsible for all cultivation laallty security functions, including inspection
and maintenance of all security systems, implementation of policies and procedures for facility and personnel
security, Company contact with local and state officials on security matters, and identification and prevention
of diversion.

Experience

0 Summary-28 years at experience working in law enforcement with the Little Rock Police Dept.
including over 22 years as a detective and 5 years as a SWAT Operator. As a detective, 6 years were
spent specializing in bank robberies and home invasion, and 16 years as a Narcotics Interdiction
Detective partnering with State and Federal Law Enforcement Agencies. Primary focus is on the
transportation of illegal narcotics, including international shipments.

Accomplishments as a Narcotics Interdiction Detective include seizing more than $7,000,000 of illicit
currency, 6000 lbs. marijuana, 800 lbs. methamphetamines, 110 lbs. heroine. and 70 lbs. cocaine.

0 Routinely work oft-duty security including concerts, college events, hospitals, etc.

I.l[llt? Rm'k 
Narcotic interdiction Detective
2012.Present

Little Rock I?ulicc Department
Bank Robbery 8- Horm- Invasion Dela 1in
April 2007-201?

l.irt i~ Rm'k l?nlm- Department
Narcotics Detective
1996 2007

I.itt i- l?iilii?i' Ili-p.iitnii-nt

19901996

Education

Degree in Marketing

University nl Central Arka nsas, (Innway. A 
1987

 

14

 

BOLD Team,?

Barry Flannery
Director of Security

Certi?cations. Licenses, and Quali?cations

Certified as an expert Witness in Circuit and Federal Courts

Member of the International Narcotics Interdction Association

Certified by the Drug Enforcement Administration in Clandestine Laboratory Investigation and Safety
Certified by the Drug Enforcement Administration as a Clandestine Laboratory Sate Safety Officer
Senior Certificate from Arkansas Commission on Law Enforcement Standards and Training

Certified by FBI In the use of chemical agents

Nationally certified to ?y armed (CLESI ?013-896)

Counter Sniper

Heckler and Koch Sub Machine Gun Instructor, Certified Firearms Instructor

Explosives framing

Arkansas Fire Academy Hazmat Level for Hazardous Materials Incidents

 

15

 

BOLD fungi-LC

EXHIBIT 1-8: DIRECTOR OF INVENTOY AND QUALITY ORMAN RESUME

Matthew Cayne Orman
Director at invento and Goal Control

cayneorman@sbcgobal.net

Position Summary

the Director of Inventory and Quality Control will be responsible for oversight of all quality testing procedures
and the development, implementation, and ongoing monitoring of the quality assurance and control systems
in strict compliance with state regulations Gives final approval for each batch to be released for sale to
patients. Responsible for root cause investigations relating to deViations from Standard Operating Procedures
or batches that tail testing requirements. Also, responsible lor maintaining accountability oi all raw materials,
llnished products, and any by-products and will conduct weekly inventory audits and work directly with the
C00 to ensure all inventory discrepancies are fully investigated to account for possible diversion.

Experience

8.- 
Co-Owner
March 2017 Present
0 Company has developed a working relationship With local insurance companies that has led to

complete roof replacements on over 150 homes and businesses in the first year of operation

()rman 8: Smith, 
Owner
2006-Present
- Deals in the construction, purchasing, and selling of investment properties and has current

ownership of numerous rental properties


Owner
2004 Present
0 Company was started for new home construction, land development, remodeling, roofing, and
various other construction purposes.
0 Sum over 100 homes and developed numerous residential subdwisions since beginning this
company.

licenses Currently Held:
Arkansas Contractors Committee;
Residential BUilder (Licensed 0145050218)

 

 

16

BOLD fungi-LC

Matthew Cayne Orman
Dlrector ct Invento and Goal Control

   
 

 

Stan-Widt- Pest (junti (ll
Owner
April 2002 Present
0 Founded and developed the company into a full servnce commercial and residential termite and pest
control company, which is licensed and regulated by the Arkansas State Plant Board
0 Company owns and services termite and pest control contracts on over 2,000 commercial and
residential structures throughom the state of Arkansas. including pest control treatments on
restaurants and food service businesses.
Maintained continuous inventory records of restricted use pestiodes routinely used as is reqmred to
document chemical used on every and report montNy (chemmal used. amount. concentration
mixture, etc.) to the Arkansas State Plant Board.

Licenses currently held:
0 Arkansas State Plant Board,
0 Class 1 Termite and Other Wood Destroying Pest Control
0 Class 2 Household Pest and Rodent Control
0 Note: Class 1 and 2 are the most restricted licenses obtainable in this category from the Arkansas
State Plant Board. Additional licenses (Classes 3-6) are automatically held With Class 1&2 Iicensure.
0 (Licensed LH469-3332)

(Lott Realty
April 1999-Present
April 1999-September 1999 Office Manager/Rental Manager
0 September 1999-2m6 Licensed Realtor, Office Manager/Rental Manoaer
0 ZOOb-present txecutrve Broker, Real Lstote sales
0 Oversee all real estate transactions for all licensed agents Within the Company ($76.5 MIL in gross sales
for the past 8 years) Responsible for ensuring compliance With the Arkansas Real Estate Commission

standards for each transaction

license currently held:
Arkansas Real Estate Commission; Executive Broker (License 133)

The Heritage (Imnpiiny
1994 1996 I Telemarketer
1996-1999 Office Manager

 

 

17

BOLD fungi-LC

EXHIBIT 1-9: DIRECTOR OF CUSTOMER LERCHER RESUME

Robert Lercher
Director of Customer Relations

CFC 8f me.com

Position Summary

The Director of Customer Relations will be responsible for identifying and working directly with potential
wholesale partners as well as developing a product awareness plan. The Director of Customer Relations will
report to the C00 and work closely with wholesale customers as well as the rest of the management team.
The Customer Semce Manager will identify and develop relationships with existing target licensed Arkansas
dispensaries and processors including prowding those customers information about medical marliuana strains
while working With those customers to identify patient demand for specific medical mariiuana strain-types.

Experience

()ivik-Wav 
President
2006-Present

Awarded national PDR vendor for Progressive insurance

0 Trained over 200 oi the finest techniCians in the business

0 Qwik-Way became the ?rst and only national POR vendor for Progressive

lmplernented training courses for Progressive staff members on best-practices within the industry

Dent lNi;
Operations Director
April 2m5-2006
Oversaw all aspects of company operations: hiring new staff, training, procedure development and
implementation, performance evaluation, and long-term planning
0 Managed sales representatives across multiple states
0 Boosted average sales per month by 30%

()wnk-Way Dent lNiI

Senior Sales Manager

2004-st
Managed Qwik-Way prior to purchasing half of the company in 2006
Streamlined processes for creating sales contracts with clients
0 Expanded sales to include mass market accounts.

ka-Wuy 
Sales Representative

 

 

18

BOLD 

Robert Lerchel?
Director of Customer Relations

lercledalmecom

2003 HIM

Strengthened client loyalty by SUpCflOr Lustomer servme

0 Received company's highest sales award
0 Boosted average sales by Implementing beet wuthm the Industry
Education

[llplunm
Beebe Hugh School

mu: in] lt't?l \Inp ,md 
Memberships

0 Member of Searcy Chamber of Lommerce

0 Member of Better Business Bureau

0 President. Lercher Leasing Cattle Company

0 Member of Macler Investments

0 Member of Catastrophe of Amoma

 

19

BOLD than,?

 

 

EXHIBIT 1-10: DIRECTOR OF LANG RESUME

Dale Wayne Lang

Director of Accountii

Position Summary

The Director of Accounting is responsible for managing all financial aspects of the Company including payment
of local, state, and federal tax; budget management; and maintaining financial records. the Director of
Accounting wil analyze and present financial reports momhly and annually and assist the CEO in analyzing all
aspects of operations as we! as offer improvement initiatives including pricing adjustments.

Experience

UAMS - Medical College (irnup
Revenue Manager
February 2016-Present

0 Review and analyze all aspects of the revenue cycle for the general surgery and women?s health
service lines including medical coding, billing compliance, collections, and follow-up for providers.

0 Provide reporting to senior management of operating results, trends and recommendations
to improve operations.

0 Analyze woriiflow and provide recommendations to im piement software edits to identify potential
billing errors and payer specific coding requirements prior to submission of claims to insu'ance
companies that result in automated coding, reduction in claim denials, increase cash flow and reduced
labor costs.

0 Significant accomplishments include identification of unbilled services and resolution of a regulatory
issue that previously resulted in millions of dollars in system write?offs.

Mayflower RV
Generd Manager 0
February 2015-September 2015
Managed the day to day operations of a two location recreational vehicle sales and service franchise
dealership with approximately $10 million in sales and $4 million in inventory with 40 full time
employees.
0 Implemented a complete accounting system using Quickaoolts and develop supporting Excel
documentation to account for management flash reporting and inventory and floor plan control.
0 Hired and trained individuals to perform accounting functions of recording 8n AIR posting and
processing of payrol.
0 Primary contact person to resolve customer complaints, vendor relations and state regulatory
agencies.

 

20

 

BOLD Team,?

Dale Wayne Lang

Director at Accountinl

 

Arkansas i'lihilC 

Accountant ll
ZOIZ-February 2015

Perform analyses of sub-system data, agency reporting data and reconciliation to general ledger
accounts

Prepare pension pa rtiCI pant history adjustments to correct member wages and contributions history.
Prepare and review iournal entries for transaction posting

Develop written accounting mines and procedures for processing transactions.

Develop Excel based decisions support, comparative analysis templates and work-flow processing.
Train new accOuntant in the techniques, systems and processes in preparing account analysis work
papers and supporting documentation.

Process year end 1099!! statements

Advocate Medical Supply and Mobility

Co-Owner and Operating Entity President
2006-2011

Established and directed the day to day operations of a licensed durable medical equipment and
supply company.

Developed and implemented an organizational plan and guided the Company thrOugh the industry's
accreditation process required to be a Medicare and Medicaid service provider.

Wrote the Company's organizational policies and procedures manuals, quality control program
gUideiines, and employee?s handbook.

Prepared financial statements as well as supporting documentation to file State and Federal tax
returns.

Established credentials through education and hands on experience as a medical equipment sewice

technician including power wheel chairs and rehab power mobility devices.

 

21

 

BOLD fungi-LC

Dale Wayne Lang

(ivnvsis Consulting 
Owner
1992-2012

0 Established a sole consulting practice that specializes in net revenue improvement and decision
support for acute care hospitals. Client base includes single entity and multi-location hospital
companies.

0 Consulting engagements targeted net revenue enhancement thrOugh local market comparative or ice
analysis, lost charge revenues, insurance contract payment analysis, historical collection reView and
preparation of decision support models to forecast strategic pricing effectiveness. Effective execution
of the consulting engagements required the interaction with the staff of the hosp ital's clinical ancillary
departments, information systems, patient financial serVices, accounting and administrat ion.

Southwest Consulting ASSOCIJICS
Owner
1989-1991
0 Established a medical consulting firm to prowde revenue enhancement for sewice pricmg, lost revenue
analysis, clinical coding and governmental reimbursement program analysis and payment recoupment.
In addition to services prayided as a consultant, responsibilities also included functioning as Chief
Financial Officer. Responsibilities included preparation of financial statements, corporate tax returns.
budgets and cash management.
0 Served as proiected manager for the Company's co nsulting engagements and was a key member in the
development of engagement products and sewices. Many engagements were success fee based only.

 

22

 

BOLD Team,?

Dale Wayne Lang

Director of 

x- Yminu lii'nst Whinnvv)

Manager Audit and Consulting Serwces
1982- 1988

Served as a Manager in the audit practice for both private and publicly owned companies. Primary
clientele base included acute care hospitals.

Audit responsibilities included developing audit work plans, staffing and executing engagements Within
budget.

Served as a Manager in the healthcare consulting practice functioning as a part of a diverse team of
professionals with clinical, financial, engineering, reimbursement, administration and clinical coding
backgrounds that performed engagements to Improve functionality, profitability and prowde merger
and acquisition support

Developed product marketing, implementation and execution for hospital rate setting software and
contract management system software for reimbursement analysis and payment tracking.

Developed strategic pricing and revenue enhancement serVice line for acute care hospitals.

Education

ilSllA in 
University of Arkansas, FayetteVille

Certi?cations. Licenses, and Quali?cations

CPA-Inactive Status

 

23

 

BOLD Team,?

EXHIBIT 1-11: MEDICAL KYNDALL LERCHER RESUME

Kyndall Lercher

Kyndall.lercher@yahoo.com

Position Summary

The Medical Director will direct BOLD. LLC's efforts to cultivate and manufacture only the highest quality.
pharmaceutical-grade medical marijuana by providing valuable medical insight into Arkansas qualifying
medical conditions and their treatment. The Medical Director also work closely the Research 
Development Medical Liaison to conduct research on the medical benefits of marijuana and specific strains to
target debilitating conditions set forth by the state of Arkansas to offerto licensed dispensaries and
processors.

Experience

UanL'l?Slty of Arkansas for Medical Scnenccs
Preoperative Surgical Nurse
August 2013-Present
0 Prepare patients for several different types of surgeries.
Administer medications and monitor for side effects.
0 Obtain intravenOus access on patients for medication administration.
0 Obtain a health and medication history from patients and/or family?

0 Monitor vital signs.

University til Arkansas for Medical St?ivnt?i-s
Progressive Care Registered Nurse
August 2010-August 2013
Awarded Outstanding Nurse of the Month for October 2012.
0 Set up and monitor medical equipment and ?was such as cardiac monitors, Intravenous
pumps, and respiratory machines.
0 Administer medications and monitor patient's receivmg intravenous drips such as Dopamine,
Cardizem, and Amiodarone.
0 Monitor patients' fluid intake and outpm, Vital signs, and report any significant changes to the
medical team.
0 Monitor patients for changes in status and indications of conditions such as sepsis or shock
and appropriate interventions.
0 Monitor patients with a tracheostomy requiring a home ventilator.

0 Accepted the role of Charge Nurse in August 2012

 

 

24

BOLD 

Kyndall 
Medical Director

Kyndall.Ierchere?yahoocom

Education

;11 ll 
Baptist Health Schools In little Rock, LIHIP Rock AR
2012

ll.? at ?u 1mm: 
of Arkansas for Sclentos, thtl" Rock, AR
May 2008-August 2009

I?m .?ml Inul?m 1 It ulmn
UnlvorSItv of Control Arkansas. Conway, AR

August NBS Mav 2008

Cet'tl?catlons. Licenses, and Quali?cations
0 Regustered Nurse LICENSE. State of Arkansas (August 2010)
0 Llfe Support Certification (September 2015)
0 Advanced Cardiovascular Lufe Support 

0 Pediatric Advanced Life Support

 

25

BOLD fungi-LC

EXHIBIT 1-12: RESEARCH DEVELOPMENT MEDICAL YOUNG RESUME

Dr. Robert P. You rig, M.D.

Research Develiment Medical Liaison

Position Summary

BOLD LLC's Research 8? Development Medical Liaison will conduct the Company?s medical mariiuana research.
helping to identify new strains and develop new products speo?cally tailored to better treat qualifying medical
conditions ofArkansas patients. The Research Development Medical Uaison will also conduct medical
research on the efficacy ol medical maruuana to treat specific debilitating conditions and prepare materials to

be distributed to licensed dispensaries and processors in Arkansas

Experience

The Med Spa at Rejuvenation (Llinic
Medical Director
2007-Present

Sona Laser Center
Medical Director

2004-2017

I?m'ate Practice llodol"\ 
Physician
1981-2m2

Education
(ill/(EYN 
University ol Arkansas for Medical Scoences, Little Rock. AR

Internship
University of Arkansas for Medical Sciences, Little Rock, AR

Medical School
University of Arkansas for Medical Sciences, Little Rock, AR

Bachelors ol Science
University at Oxlord, MS

High School Diploma
Christian Brothers High School

 

 

BOLD 

Certi?cations. Licenses, and Quali?cations
. Hoard (1931)
Promdont of Arkansas Chapter of ACOG [1984 1988)

Dr. Ruiwrl P. Young, 
Research Development Medical Liaison

27

mm

 

EXHIBIT 1-13: DIRECTOR OF COMMUNITY RYLAND RESUME

Angela Ryland

DirectoroiCommu Relations
118. Cotton Plant. AR 72(86 



 

Position Summary

The Director of Community Relations will act as an hterface between 0010, and the surrounding
community oi Cotton Plant. important responsbilties wil include malntahing effective communication with
local leaders, managing charitable contrbutlons and other programs aimed at enhancing communly welfare,
and helping 0010, mahtain a poshlve image both in Cotton Plant and throughout the state ofArkansas.

Experience

Ryland Real Estate and Associates
Real Estate Principal Broiler and Owner
Ion-Present
0 Manage the day to day operations of the business
Administer all real estate programs and transactions
0 Increased home sales in the Cotton Plant community by 60%

Martha Wilson Realty
Real Estate Sales Agent
2010-2012
Trainhg opportunly toward becoming owner and broker oi current firm
0 Particbated in 100% of tall meetings and training recommended by broker
0 trolled in the sellng ofal listed properties in a 90-day time frame from time of kt date. while with
this company.

The Outlet
Owner and Manager
2008-2010
Managed the day to dayoperations otthe busian
Sought out and solicited venders in an effort to keep inventory for the business
0 Duties included but not limited to: ordering. data querying, stockhg. purchases and end of
the day runs.

28

 

 

 Angela Ryland

DirectorotComnu Relations
9030:: 118. Cotton Plant. AR 72036 

ameiarylandOsbqlobalnet

USDA-NRCS (Natural Resources Conservation Service)
District Conservationist
2001-2007

0 Deemed the lleld office operation, anaiaed workloads. develop annual plan ol operations. establish
goals and schadues In line with manpower and other resources such as budget. stall and lunds to
carry out programs of the Madonna Office.
Supervised sin employees
Implemented training for existing stall and new summer students
Office procurement
Managed Ten Conservation Programs, Conservation Reserve Program. Wetland Reserve Program.
Conservation Security Program, Environmental Qualty. Incentive Program, Wildlle Habitat Incentive
Program, Waterbanl: Prom

USDA-NRCS
Soil Conservationist
?I?rainin. toward District Conservationbt poslion
0 Contact? landowners, groups and units ofgovemmentto assist them in preparing plans suitable to
carry out the land-users? decisions within the sound conservation practices.

Education

Education for Arkansas Real Estate Broker, Principal
Arkansas Real EsteteSchool, Little Rock. All

Arkansas Real Estate Education
National School 0! Real Estate. little ROCK. AR

Bachelor of Science in Agronomy
University of Arkansas at Pine Null. All
High School Diploma

Cotton Plant High School

 

 

 

29

 

 

Angela Ryland

DinetorotCommu Relations
Poeou 118. Cotton Plant. All 72036 

amelaryiandOsbqlobaLnet

Community Involvement

Member of the National Association at Nealors

Memberolthe Seany Board of Manors

Current Whle Awer Planning District. WDA Board Member

Current East Arkansas Regional library System Board Member

Current Woodrufl County Ulrary Ioard President

Foundlm Okector for the Cotton Plant Historical Museum

Current Cotton Plant Area Chamber 0! Commerce President

Current Usher Board President New Mt. Pleasant Church

Current Ebmentary Sunday School Teacher New Mount Pleasant Church

Certi?cations. Licence. and 

Arkansas Real Estate Commission Home No. "00070439
Arkansas Notary Public 2001-2011, 2011-2021
1999 Received the Federal Woman o! the Year Award

30

 

 



 

 

EXHIBIT 1-14: ASSISTANT CULTIVATOR - LOREN FRAIZE

Loren Fralze
Wt 


Posltlon Summary

Assistant Cultlvetor be responsble foral aspects of cukivation, incbding daring/planting, watering and
nutrient management. health, pest/disease management. and envionmental maintenance es we! as
supervbin; Cultivation Technicians the Directorof Cutlvatlon?s absence.

Experience
Rose City Organics
Manager
February 2015 - October 316
. Register new patients, knowledge of Biotraci: POS system, excelent customer service sklis, knowledge
oi products and their use
- Open and close store, closing inventory and rm, cashierh?, assess and price new products and
hput into menu
- Responsbie for orb-site plant inspections and overall care of plants

Rose City Laboratories
Biologist
June 2014 - January 2015
- Client intake, sample preparation, microbiology, product testing whit um: and GC and reportin?with
Microsoft Excel
Off-site plant inspections, tamper batch sealh?. creation of custom labels. product Iabelna and
sample pidrup
- Micro and macro photography of sam pies, acarrate recordireeping
no maintenance, key holder

Portland State University
Green House Caretaker
2012 - June 2014
Solely responsible for mahtenance and care of entke greenhouse. lxey holder
- Waterhg and caring for plants. seeds and seedling repottinc and pest management. inventory
control

 

 

31

 

 

Loren Fralze

mum


Draw 3 Lines Publishing
Personal Asshtant/Consulant
zoos - 2014
- Personal Assistant: Mahtalned household cleanliness. organized and de-cluttered workspace. ran
personal errands, responsible for day and sales
- Artistic Consultant: Assbted in layout and graphic destn of instructional drawing hook. provided
for proper sequence of learning steps. worked successfully under strict guidelhes

Garland County library
Uhrary Clark
2009 - 201 1
- leglaered new borrowers. checked items it and out, maintained records and lies in accurate and
pro?dent manner, processed new materials, responsible for receiving. inspected materials lor damage
upon return, mended hook hhding and jackets
- Received payments lorflnes and dues. sorted and shelved books. located and reserved materials for
patrons. knowledge of card catalog, operated of?ce and audio-visual equipment, computerized
equbment and 

West Cafe
Bartender/Server/Keyholder
May 2006 - October 2003

- Opened and closed restaurant. knowledge of POS system, encellent customer service sills. provided
all levels of food and beverage service.
- Daly deanlng and of bar, cashlerlng, deposls. Inventory control. key holder.

32

 

 

Loren Fralze
mum


 

Eduction

8.5. in Biology-Botany
MOM Sm Unlvenlty - Fenland, 08
am - ?14

Portland Community College
205 - zoos

?ames. and 
on and ?rst 

 

 

 

33

 

 

BOLD Team,?

EXHIBIT TECHNICIAN CODY SMITH

Cody Smith

 

Position Summary
Cultivation Technicians will be responsible for all aspects of cultivation, including cloning/planting, watering

and nutrient management, plant health, pest/disease management, and environmental maintenance.

Experience

Harvest of Tempe

Harvester

July 2016 - December 2016

Supervisor: Dom Fa nelli (480-375-0470)

Cut down plants and take leaves off of the plants. Maintain plant look and structure. Clean area thoroughly
when finished. Record harvest numbers.

Window Mart

Forklift Driver

2015 - 2016

Operate Forklift safely. Unload Glass Trucks and Vinyl Trucks, Stock area. Communicate with Truck drivers
to see if they needed to be re-loaded or not.

Berry Plastics

Forklift Handler/Material handler

2013 - 2015

Supervisor: Larry Ivens (269816-2623)

Scan Items to put away and maintain area. Operate forklift safely, comm unicate/ work with other employees.

I [idea way Lou nge

8a rtender/Manager

2010 - 2013

Supervisor: Taryn Atlas (1-501-467-5590)

Customer service, maintain stock/ work area, talk to Beer and liquor distributors to make beer/ liquor orders

34

BOLD 

Cody Smith
Cultivation Technician



Part-Time Farm Hand

2009-2013

Rick 

General all around farm work such as Gardening, Roofing, Fencing, welding, sheet metal work, drive/work
on tractor, etc.

Spa (Zity Painting

Painter/Crew Leader

2005 - 2009

Supervisor: Dee Ratlifer. 

Maintain and Prep assigned areas and locations, Paint, Clean-up of completed assignments.

Video Concepts Inc.

Sales/Cashier

1998 - 2001

Customer Service, Stock, maintain work area

Education

High School Diploma in (Zommunicdlion
Centerpoint High School, Glenwood - Glenwood, AR

35

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

37

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

38

The following is a workflow diagram that includes total plant counts in the facility.

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

39

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

Below is a list of medical marijuana strains displaying the common strain name, testing results, and specific
qualifying medical conditions treated by each strain. These strains will be grown by the Company during its first

year of cultivation operations.

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

48

EXHIBIT 2?5.1 CLONING SOP

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

EXHIBIT CURING SOP

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

Below is a detailed list of all pesticides that will be used during the Company's cultivation operations. The Company

will only use pesticides at the facility approved by the state of Arkansas and the federal EPA. Pesticide use will

comply with FIFRA and all other applicable local, state, and federal laws and regulations.

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

63

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

Below is a comprehensive list of the Company's future infused product offerings. All products will be manufactured

using industry?standard LPG-based extraction methods and in room conditions meeting state and local food codes.

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

67

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 



SCHEDULE ZB

EXHIBIT 28-1: BLUEPRINT OR DRAWING OF THE FACILITY

 

Attached is a blueprint of the proposed facility that fulfills the following:



Identi?es total square footage of the facility

Identi?es the primary entrance to the facility

Identi?es each point of ingress and egress

Identi?es all restricted or limited access areas within the facility

Identi?es all areas to be used for cultivation

Identi?es storage areas and any other defined areas, which are labeled according to their purpose
Identi?es what speci?c stages of cultivation will occur in each area

Identi?es the square footage of each individual area

Identi?es the maximum planned canopy height for medical marijuana to be grown in each individual area

 

CONTINUE ON NEXT PAGE

 

 

 

76

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

luau-.116
-

EXHIBIT 28-2: PLOT PLAN

Below is a plot plan of the area in Cotton Plant, Arkansas, where the planned cultivation facility will be located. The
plot plan is drawn to a reasonable scale and shows:

1. All public roads accessible by the facility
2. All private roads within the facility
3. All uses of adjacent property

 

CONTINUE ON NEXT PAGE

 

 

 

81

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The following are color photographs of the location of the proposed site for construction of the cultivation facility

in Cotton Plant, Arkansas. The facility has not yet been constructed; as such, color photos have been included

depicting:

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

 

Below is a summary of the total equipment list provided by?.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

85

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

 

The following is installation information for all security system hardware as well as a legend for hardware on the

security system drawing sin this section.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.
88

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

89

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

90

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

91

BOLD 

Below is a floorplan identifying the locations of facility panic alarm buttons, as well as a detailed alarm coverage

map.

CONTINUE ON NEXT PAGE

 

92

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

BOLD Team,?

EXHIBIT 2C-4: I

Below is a floorplan identifying the locations of facility access control security devices in the facility.

 

CONTINUE ON NEXT PAGE

 

 

 

94

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request. 95

 

BOLD fungi-LC

EXHIBIT 205:?

The following is a technical specification sheet depicting the video surveillance system that will provide 24-hour, 7?
days per week monitoring of the cultivation facility.

 

 

 

CONTINUE ON NEXT PAGE

 

The material on this page is requested to be Con?dential and redacted from any
Freedom of Information request.

96

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

 1mm

EXHIBIT 2C-6:

Attached is a ?oorplan identifying the locations of facility surveillance cameras in both the headhouse and
greenhouse bays of the facility. Cameras have been placed with overlapping fields of view to prevent any lapses in

coverage due to potential camera failure.

 

CONTINUE ON NEXT PAGE

 

 

 

The material on this page is requested to be Con?dential and redacted from any Freedom
of Information request.

98

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Information request.

 

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Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

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of Information request. 104

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

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Information request.

 

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Information request.

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of Information request.

 

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Information request. 122

 

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Information request.

 

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Freedom of Information request.

 

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of Information request.

 

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Information request.

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of Information request.

 

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Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

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Information request.

 

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of Information request.

 

 

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Information request. 133

 

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Information request.

 

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Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

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Information request. 139

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

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Information request.

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Information request. 147

 

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Information request.

 

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Information request. 149

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

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Information request.

 

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Information request.

152

 

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Information request.

 

 

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of Information request.

154

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

155

Included below is a sample label that will be placed on the Company?s completed medical marijuana products. All

labeling meets Arkansas Department of Health Rules Section requirements.

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.
156

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

157

Below is a sample transportation/inventory manifest produced by the MJ Freeway Inventory Tracking Platform
that will be used by the Company for all transportations of medical marijuana. A manifest will be printed in
duplicate, with one copy retained by the transportation team and signed by the recipient of the delivery, and
another provided to the receiving entity. Manifests will be printed and retained pursuant to the procedures

identified in the ?Inventory Manifest" section of Schedule 2e.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

158

 

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Freedom of Information request.

159

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of Information request.

 

 

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of Information request.

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of Information request.

 

 

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of Information request.

163

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Freedom of Information request.

 

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Information request.

 

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Information request. 166

 

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168

 

EXHIBIT NOTE ACCOUNTING FOR PAYMENTS TOTALING- PER
MONTH

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

 

EXHIBIT 3?4.2: PROMISSORY NOTE ACCOUNTING FOR PAYMENTS 
PER MONTH

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

 

EXHIBIT 3?4.3: LLC NOTE TO DANNY BROWN THAT PER MONTH

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

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of Information request.

 

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Information request.

 

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of Information request.

 

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of Information request.

 

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Freedom of Information request.

 

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188

 

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of Information request.

 

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of Information request.

 

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Information request.

 

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Freedom of Information request.

 

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of Information request.

 

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Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

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of Information request.

 

STATEMENT FOR PROPERTIES BACKING FIRST SECURITY LOAN

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Information request.

226

 

 

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of Information request.

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of Information request.

 

 

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of Information request.

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YEAR 1 TO SUPPORT FINANCIAL STATEMENT ABOVE

 

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of Information request.
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YEAR TO SUPPORT FINANCIAL STATEMENT ABOVE

 

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Information request.
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of Information request.

 

BOLD than,?

EXHIBIT 3-10: EMPLOYEE ROLES AND RESPONSIBILITIES

Executive 8. ?went Team

Chief Executive Officer The CEO plans and directs al aspects of the
organization's strategies. objectives. inliatives. and policies. The CEO is responsible for
the attainment of short- and long-arm fhancial and operational goals as drected by the
Board of D'I'ectors. The CEO oversees all aspects of the Company in strict compliance
with Arkansas regulations and builds a higi-performance team capable of achieving the
Companys vision and mission while adhering to its core values.

Chief Operating The COO reports directly to the Company?s CEO and
is responsble for designing and implementing business strategies. plans. and
procedures. The COO will establish and update all operational policies and procedures
to ensure the Company is efficient and effective in achieving at business goals. 
vision. and company culture. The COO acts as a liaison between the management team
and the CEO.

Director of Processing: The Director of Processing is responsible for daily operations in
manufacturing lndudhg extradion and processing. The Dkector of Processhg directly
manages Extraction and Processing Team Leaders and Technicians. The duties of this
role include implermnting proper processing practices and trainhg staff in appropriate
and approved extraction methods. The Director of Processing is expected to implement
a production schedule aimed at utilizing the full potential of the facility to produce a
consistent. safe. compiant. quality medic'ne. The Director of Processing will oversee the
production of rnedichal extrads. They wil utilize end-to-end methodologies to ensure that
all procedures are followed and remain compliant. Duties will also include managing and
overseeing the entire extraction process. maintaining records of product and inventory.
maintain safety equ'pment. perform any clerical work as it pertains to the extraction lab.
. prepare packaging and production schedules. maintain Material Safety Data Sheets
(MSDS) for the departments chemicals and products. manage the cleanliness and
efficiency of the production area. maintaining quality control to ensure a high-qualky
product. The Director of Processing will also oversee the development and operation of
the Infused products for The Company. Duties will 'nciude development of staffing plans.
development of formulations for the medical marijuana infused products. day-to-day
management. inventory coordination to ensure proper inventory flow and fullest
avaliablity of products. regularly audit medical marijuana product inventory and
corroborate with seed-to-sale track'ng sottware inventory. ensure full cornpiiance and
control protocols and procedures. and ensure proper testing of al products.

Director of Culivation: The Director of Cultivation will work closely with CEO to oversee
horticulture mahbnance tasks including planting. pruning. fertilizing. thinnhg. pea
eradication. watering. and the harvesting of medical marijuana plants. The Director of
Cultivation oversee the day-today maintenance. improvement. and repair of
propagation faclitiee. workspaces. and facility equipment and will be 'nstrumental ?n the
development and implementation of cultivation best practices as well as facilty policies
and procedures. The Director of Cultivation wil work with key members of management
to develop strain cultivation schedules according to market demand.

 

 

 

 

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of Information request.

233

BOLD 1'me

Director of Accounting: The Director of Accounting is responsible for managing al
?nancial aspects of the Company including payroll. budget management. and mainm'ning
financial records. The Director of Accounting wil analyze and present ?nancial reports
and annualy to the Board of Directors and assist the CEO in analyzing all aspects
of operations as well as offer improvement intiatlves including pricing adjustments.

Director of Security: The Director of Security will be responsible for the overal physical
saiety and security of The Company's operations. The Drecior of Security will be
responsible for the operations and functionality of the facility's aiarrn system and
surveilance equipment as wel as assisting in the development and 'mplementation of
workplace safety protocols. The Director of Security wil be responsible for develop?ng al
workforce security training materials and overseeing all employee security and safety
tra?ning sessions as wel as third party security personnel company. The Director of
Security wil be the primary iaison between The Company and local law enforcement
concerning al facility security and safety issues and events.

Medical Director - The Medical Director will ensure that all data generated meet quaity
control requiements. identiy and implement new technologies and methodologies to
improve laboratory workfiow and data quality. be the direct contact with testing
laboratories. coordinab required analysis buy 3" party Iaborabries. ensures al
extraction. extract processing. product formulation. filing and manufacturing procedures
comply with GNP's. OSHA regulations. and appicable laboratory procedures. supporting
production operation with analytical testing needs by preparing plant extract and
formulation samples for cannab'noid profiing. potency. and other required analysis.

Director of hventory 8- Qualty Assurance: The D?rector of Inventory Oualty
Assurance is responsible for oversight of all qualtytesting procedures and product testing
coordination. Accountable for the development. implementation. and ongoing monitoring
of the quaity assurance and control systems in strict compliance with Arkansas state
regulations. Gives ?nal approval for each batch to be released for sale to patients. This
person is responsible for root cause 'nvestigations relat'ng to deviations from Standard
Operating Procedures or batches that fail testing requirements. The Director of inventory
8- Quality Assurance is also responsible for overall track'ng of medical marijuana
inventory and is primariy responsible for management of the seed to sale inventory
tracking. hardware and all 'nbound and outbound shipping. tracking. manifesting and all
quality control functions. This role will be responsible for developing and overseeing
control systems to prevent or address violations of all rules and regulations set forth by
the state and intemai policies as well as for evaluating the ef?ciency of controls and
implementing inprovements.

Director of Human Resources: The Director of Human Resource plans and adrrinisters
poicies reiat'ng to all phases of human resources 'ncluding keeping records of bene?t-
plan participation: personnel transactions such as hires. promotions. transfers.
performance reviews. and terminations; and agent statistics for government reporting.
Coordinates management training in interviewing. terminations. promotions. performance
review. safety. and sexual harassment

Director of Customer Relations: The Director of Customer Relations' primary function
will be managing the relationship wih potential wholesale partners as well as

 

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Freedom of Information request.

234

 

BOLD 1'me

developing a product awareness plan. They will work as a liaison. collecting feedback
from customers. developing relationsh'ps with new and existing dispensaries and
processors including providing these customers information about medical mariuana
strains while working with those customers to identify patient demand for specific
medical marijuana strain-types.

Director of Community Relations: is responsible for supporting the organization's
mission. vision. and values by faclitating the projects related to a cormiltment to
community relations. The Director of Community Relations is expected to exempliy
accountability and leadership workers and to provide a positive public inege.
maintaining a positive relationsz with the company?s cornmun'ty. Additionally. the
Director oi Cornmunlty Relations works other employees and members of the
community in organizing special events and fundraisers.

Maintenance Supervisor: handles all aspects of the day to day facility and equipment
maintenance. repais and upgrades. general cleaning and provides for the compliance
related elements of the facilities operations.



Assistant Cukivator: The Assistant Cultivator will be responsible for managing all tasks
in the grow including cicn'ng. transplanting. feeding. defoliation. super cropping. bpping.
?ushing. foliar and preventative sprays. waste disposal. and inventory management. This
person wil also develop and/or maintain the greenhouse protocols and nutrient regiments
amongst the? team. manage the cultivation stall. manage plant scheduling and
organization to precisely project aI garden needs on a daily. weekly. and bases
to keep the plants healthy and expenses low. catalogue and analyze each individual strain
from clone to ?ower harvest. clone and manage vegetation for an intended 90%
success rate. execute preventative maintenance and elimination of any issues that arise.
in-department knowledge of and EC counts. working knowledge of grow
mediums. temperature. and humid'ly manipulation. This position also requires expert
knowledge of plant diseases. insects and fungi. as well as plant treatment options. This
position will have working knowledge oi germination. cloning. transportation. plant pests
and other perils. knowledge of different strains and their unique growing demands.
harvest'ng. and growing technologies such as lights. irrigation. iertiizer. This specialist
will can execute techniques consistently good organizational and documentation
skits.

Trinming 8- Packing Tachnicians - are responsible for the fuel manicuring. drying.
curing and inspection oi medieai marijuana inventory including required input 'nto the
seed to sale tracking system at critical points throughout the process. The Trimming 8-
Packing Technicians will assist the packaging department with weighing out medial
mariuana products it designated 'ncrements. labeling and counting processed container.
and preparing batches for delivery.

Cultivation Staff: The Cultivation wil have experience in agriculture and possess the
ablity to learn quickly from their managers. They wil have knowledge of growing
techniques including. germination. cloning. transplantation. plant pests and other perils.

 

anted to go over it

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Information request.

235

 

BOLD 1'me

and harvesting. They will also have fam?iarity with growing technologies such as lights.
irrigation. and fertilizer.

MM

Extraction 8: Infusion Techniciana- will work to produce extracts and produce high
quality cannabis concentrate products. Their main duties will include preparing equipment
and plant materials for extraction. operating highly sophisticated extraction equipment
and handing extraction gases. clean'ng and maintenance of lab and extraction
equipment. processing concentrates and extracts. Other duties wil include storing
supplies and equipment. disposal of waste per guidel'nes. and keeping the facility.
storage areas. and workhg areas immaculate. washing and sterilizing laboratory
glassware. other duties as assigned.

Facility Custodian: The facility custodian will be responsble for cleaning and sanitizing
office. meeting rooms. bathroom. breakrooms. grounds. production area and equipment
This 'ncludes but is not l'mited to disposing of waste. stocking. and prioritizing emergency
and non-routine requests. The faciity custodian will be detail-oriented. ?exible. and 
to take on routine cleaning and special projects as needed.

 

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Freedom of Information request.

236

 

The material on this page is requested to be Confidential and redacted from
any Freedom of Information request.

 

SCOPE OF WORK 

 

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Freedom of Information request.

238

 

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Freedom of Information request.
239

 

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

nausea-.11.:

SCHEDULE 4

EXHIBIT 4-1: SURETY BOND PRE-APPROVAL

 

 

 

 

Bond 10001041
I000 HIE-APPROVAL 
lode! cm holly
KNOW ALL PEOPLE BY THESE PRESENTS. that com TEAM no
(a corporation of the State at (Individual). (partnershb) (hereinalter
relenedtoas acorporationolthoStato
of Out-- 

firmly bound unto the State of Arkansas. for Department of Finance and Administration. Arkansas
Medical Marijuana Commission (herehalter referred to as in the amount of

 

Oil-W00!? .lorthepaymentol themselves.
their heirs. executors. administrators. successors and assigns. iointiyand severely, firmly by
these presents.

The conditions at this obligation are such that. whereas the Princbal has submitted. or is about
to submit. to the State cl Arkansas an applcation tor a medical moriuana cultivation and
submit this bond as partial or full proof of assets in the amount of one milion dolors
(81.000.000.00).

(1) lfsaid appication is denied bytho MMC. then this obligation shal be
void.

(2) lfsaid applcation is granted and the MMC awards the with
alcense.thePrincbelshall furnish a 
hundred thousand dollars lor tho Princbal's faithful
perlorrnance cl said license. and for the payment of all persons
performhg labor or lumishing motorist in connection therewith.
and shall in all other respects perform the agreement createdby
the acceptance cl said bid. then this obligation shall be void.

IN WITNESS WHEREOF. the Princbol and the Surety have hereunto set their hands and seals.
ondsuchofthem 


 

 

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By: 7714 A,
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By: .

NOTE TO SURETY AND PRINCIPAL: The application submlted. which this bond guarantees.
may be roioctod lltho PoworofAttomoy
showing thattheaoentolSuretyis currently authorizedtoenecutebondson beholottheSulety.
and the amounts relerenced above.

 

 

The material on this page is requested to be Con?dential and redacted from any

Freedom of Information request.

242

 



 

 

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The material on this page is requested to be Con?dential and redacted from any
Freedom of Information request.

243

 

 

noun?3c

EXHIBIT 4-2: CREDIT HISTORIES FOR APPLICANT AND ALL OWNERS

Below are recent credit histories for the applicant and all owners of the Company. All owners have good credit, no
history of bankruptcies, and could readily acquire loans or other capital necessary to initiate and maintain

successful operation of a medical marijuana cultivation facility.

 

 

 

CONTINUE ON NEXT PAGE

 

244

 

EXHIBIT LERCHER CREDIT DIRECTOR

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

EXHIBIT 4?2.2: MISTY DRENNAN CREDIT OF HUMAN RESOURCES

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request. 255

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

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Information request. 257

 

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Freedom of Information request.

 

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Freedom of Information request.

 

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Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from
any Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

 

EXHIBIT 4?2.3: MARK DRENNAN CREDIT 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request. 277

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

 

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of Information request. 281

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

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of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

EXHIBIT 4?2.4: DANNY BROWN CREDIT REPORT

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom
of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

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Information request.

314

 

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Information request. 315

 

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Information request.

316

 

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Information request.

317

 

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Freedom of Information request.

 

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of Information request.

319

 

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Freedom of Information request.

 

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Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request. 322

 

The material on this page is requested to be Confidential and redacted from any Freedom of
Information request.

 

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of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

sour?.91:

EXHIBIT 4-3: FINANCIAL STATEMENTS FOR BUSINESSES PREVIOUSLY OR CURRENTLY

OWNED OR OPERATED BY THE APPLICANT OWNERS OF THE ENTITY

 

Included below are financial summaries for all businesses previously or currently owned or operated by the
applicant and owners of the Company. Many of the Company? 5 owners are successful businesspeople, with a
strong history of effectively managing ?nancially-successful businesses.

 

CONTINUE ON NEXT PAGE

 

 

 

336

 

EXHIBIT 4?3.1: FINANCIAL STATEMENT FOR OWNED BY MISTY MARK

 

DRENNAN

The material on this page is requested to be Confidential and redacted
from any Freedom of Information request.

 

EXHIBIT 4?3.2: FINANCIAL STATEMENT FOR WILLY ROCK ROLL PIANO BAR OWNED BY DANNY
BROWN

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

EXHIBIT 4-3.3: FINANCIAL STATEMENT FOR DWB PROPERTIES, LLC OWNED BY DANNY BROWN

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

EXHIBIT 4?3.4: FINANCIAL STATEMENT FOR IVIAYFLOWER RV OWNED BY DANNY BROWN

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

EXHIBIT 4?3.5: FINANCIAL STATEMENT FOR RBD CONSTRUCTION, INC. OWNED BY DANNY BROWN

 

The material on this page is requested to be Confidential and redacted from
any Freedom of Information request.

344

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted
from any Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted
from any Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted
from any Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from
any Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

EXHIBIT 4-4: PERSONAL FINANCIAL STATEMENTS FOR BOLD OWNERS

 

 

CONTINUE ON NEXT PAGE

 

 

 

356

 

 

EXHIBIT 4-4.1: PERSONAL FINANCIAL STATEMENT FOR KYNDALL DIR

 

 

EXHIBIT 4?4.2: PERSONAL FINACIAL STATEMENT FOR MISTY MARK 
C00

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

 

EXHIBIT 4-4.3: PERSONAL FINANCIAL STATEMENT FOR DANNY 

The material on this page is requested to be Confidential and redacted from
any Freedom of Information request.

 

 

The material on this page is requested to be Confidential and redacted from any
Freedom of Information request.

361

SCHEDULE 5: AFFILIATION WITH MEDICAL DOCTOR

EXHIBIT 5-1: LETTER OF AFFILIATION

 

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SCHEDULE 7

EXHIBIT 7-1: LETTER FROM THE CITY OF COTTON PLANT

 

Attached is a letter from the Mayor of the City of Cotton Plant, Arkansas, where the Company? 5 proposed medical
marijuana cultivation facility will be located, testifying to the beneficial impact that the Company will have for the

city of Cotton Plant.

C. Rylond

City 
Joan Vaazay

my Mum
Tabitha Floyd

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Mark Ca?'ey
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363

 

actor?.91:
-

EXHIBIT 7-2 CITY OF COTTON PLANT FINANCIAL REPORT

City of Cotton Plant, 

?nancial and Complianca Report

006ml?! 31. 2013

LEGSLATIVE JONT AUDITING COMMITTEE

 

 

 

 

 

 

 

 

 

 

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EXHIBIT 7-3: COTTON PLANT CITY COUNCIL MINUTES FOR VOTE ON BOLD FACILITY

COTTON PLANT CALLED CITY COUNCIL MEETING JULY 27, N17 AT 4:30 PM IN CITY HALL.

PURPCSE OF THIS MEETING WAS TO DISCUSS A LEASE AGREEMENT WITH BOLD 
WITH MEDICAL MARIJUANA IN COTTON PLANT. MILD LLC PROPOSEDA MEMMANDUM OF
UNDERSTANDING BETWEEN THECITYOF COTTGI PLANTAND BOLDTEAM, LLC. AN ARKANAS
LIMITED LIALBIULTY 

MAYOR RYLAND PRESENT AND THE MEETING.

COUNCIL MEMBERS PRESENT WERE: MARY KNIGHT, ERVIN LEWIS, ERNESTINE SHELTON AND
RONNIE CONLEY . CITY RECORDER JOANN VEAZEY, PRESENT, COUNCIL MEMBERS ABSENT
WERE: CLARA AND DOYLE FLANERY.

GUESTS WERE: MR. DANNY BROWN WITH BOLD TEAM LLC AND MR. JOHN TYLER WITH TOWN
AND COUNTRY SOLUTIONS INC. ALSO CONCERNING THE MEDICAL MARIJUANA.

MAYOR RYLAND OPEN. THE MEETWG AND OFFERED PRAYER.

MAYOR STATED MR. RONNIE CONLEY WAS CHAIR OF A WMMITTEE MAYOR APPOINTED TO
RESEARCH THE PROPOSAL OF BOLD TEAM.

COUNCIL PERSON coma! STATED ALL MEMBERS HAD A COPY OF THE PROPOSED
LEASE AGREEMENTAM) WWM OF UNDERSTANDING. HE ASKED EACH COUNCIL
MEMBER TO GO THROUGH THE LEASE PROPOSAL PARAGRAPH BY PARAGRAPH. COUNCIL
PERSON coma! STATED HE THINKS THE S1B0, 000.00 PUMHASE PRIG IS TO LOW, IN THE

EVENT THAT WE CANNOT LEASE THIS PROPERTY, WE COULD ONLY SELL AND IF YOU CONTINUE
I PROJECTTHEN THE LEASE ISOFFTHETABLE. COUNCILPERSUY CUILEY STATED HE
THINKS AROUND $240,000.00 OR 3250,?.

 

MR. BROWN STATED THIS IS OKAY WITH ME.

COUNCIL PERSON CONLEY STATED LOOK AT PARAGRAPH SEVEN ALLOTHER ITEMS ARE
AGREEABLE.

MR. BROWN STATED THIS CHANGE IS OKAY WITH US. WE WOULD ONLY WANT TO PURCHASE
IF WE WERE OPERATNG.

GDUNCIL PERSON CONLEY CAME BACK WITH ANOTHER PROPOSAL OF 

MR. BROWN STATED MY UNDERSTAND THAT IT IS NOT THE INTENT TO SELL THE
PROPERTY UNLESS IT IS FORCED TO DO SO. MR. BROWN AGREED TO THE 

 

 

 

372

BOLD Tum,?

COUNCIL PERSON STATED THAT WAS HIS ONLY GINCERNJAKE INTO THAT
THE MAYOR NEEDS TO WRITE A LETTER AS TO THE INTENT OF THE AND THE CHANGES.

MR. BROWN STATED YES WE NEED A LETTER FRW THE MAYOR AND WE WOULD UKE FOR THE
MAYOR TO MENTION YOUR WATER SYSTEM. THIS IS VERY IMPORTANT.

MAYOR STATED HE WOULD ENTERTAIN A MOTION ON THE LEASE AGREEMENT.
COUNCIL PERSON MOVED THE COUNCIL MOVE FORWARD ON THE LEASE WITH BOLD TEAM LLC

MOTION SECOND BY COUNCIL PERSON SHELTON. ON ROLL CALL VOTE ALL GDUNCIL MEMBERS
VOTED YES, MOTION CARRIED UNANIMOUSLY.

AMMEND THE ABOVE MOTION:

COUNCIL PERSON LEWIS MOVED THE COUNCIL WILL ACCEPT THE LEASE AGREEMENT WITH
THE WRRECTION ON PARAGRAPH 7 TO STATE THE AMOUNT WILL BE $264.0?.m INSTEAD OF
$130,000.00. MOTION SECOND BY COUNCIL PERSON SHELTON,

MOTION CARRIED WTTH ROLL CALL VOTE: ALL CWNCIL MEMBERS VOTED YES, MOTION
CARRIED UNANIMOUSLY.

COUNCIL PEBON STATED THE LEASE AGREEMENT WILL NOT BE SIGNED UNTIL THE
CORRECTIONS ARE ON PARAGRAPH SEVEN.)

MR. BROWN STATED HE MILD E-MAIL THE AGREEMENT WTTH THE CHANGES.

COUNCIL PERSON STATED WHEN YOU AGREE ON THE (DRRECTIONS ON PARAGRAPH
SEVEN PLEASE SEND THIS BY PRIORITY MAIL INSTEAD OF BY EMAIL.

MAYOR STATEDITIS LEGALTODOITBY E-MAIL.

MR. BROWN STATED THEY WILL MAKE THE NECESSARY CORRECTIONS AND BRING THE
AGREEMENT BACK OVER TOMORROW TO BE SIGNED.

THE MEMORANDUM OF UNDERSTANDING: BOLD TEAM LLC

COUNCIL PERSON CONLEY MOVED THE COUNOL THE MEMORANDUM OF
UNDERSTANDING FROM BOLD TEAM LLC.

SECOND BY COUNCIL PERSON LEWIS, MOTION CARRIED ON ROLL CALL VOTE WITH ALL
COUNCIL MEMBERS VOTING YES. MOTION CARRIED UNANIMOUSLY.

 

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EXHIBIT 7-4: DECLARATION OF INTENTION OF 1% OF GROSS PROFITS TO THE CITY
OF COTTON PLANT

 

IOU) Teen,?

EXHIBIT 7-5: LETTER OF APPRECIATION FROM CITY OF COTTON PLANT FOR A

DONATION TO FOOD PANTRY

 

lithe City of Cotton 91am
Com PM 
Amman
?Gum
August 17, 2017
Bold 

WillordI Dear Members oi Bold team, LLC:
AsMayoroithecltyoiootton True 55
inch Glass Door Reach in Freezer with LED lighting for the Cotton Plant Food
Wm Pantry. 
Joan maximum benefits from the Northeast Artansas Food Ianlt Program. Prior to

00' we could receive from the Northeast Arkansas Food Bank because we did not
Tabitha Floyd have the freezer capacity available to us.
non-refundable rental
Oty deposit of $3,000.00 and the Freezer valued at $5,625.57. As mayor of the City
Doyle Fionnery of Cotton Plant I speak for the citizens in our community in thanking you tor
Ronnie Conley your donation. Yourgii'twill greatly oithemany
Clara Harston children and adults who malre use of our food pantry.
WI: Indeed you are a ?Rare Donor.? We truly cannot say enough to express our
Mary McCUnton deep gratitude.
Ernestine Shelton
Yours truly.
La 4?74an
Willard C. Ryland. Mayor
City of Cotton Plant
0 not :20
run weaned
Cm rm
Phone on 2121.
170.030". 
I

 

 

 

 

 

 

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EXHIBIT 7-6: LETTER OF APPRECIATION FROM THE COTTON PLANT HISTORICAL

MUSEUM

 

378