Our consulting practice has represented dozens of businesses in civic affairs, local permitting, and state licensing. Thirteen of these companies have become qualified, legally operating companies in the State of California, eight of which engaged us to manage their operations.
We recently formed Emerald Spectrum Holdings to transition the main focus of our business from managing operations for third party investors to integrating those operations with others that we build or acquire to form a vertically-integrated organization.
We largely operate from the Central California Valley, a major agricultural center with a high concentration of small, economically-depressed towns with skilled, yet disadvantaged workforces. We believe we can leverage these low-cost resources to both benefit the people of these communities and to build thriving businesses in these communities.
Today we own equity interests in nine operations in California that are actively engaged in permitting qualifications at the local and state level:
- Retail operation in the City of Fresno, CA
- Six retail operations in Los Angeles
- Development property in Porterville, CA
- Transportation operation in San Luis Obispo County, CA
We anticipate that we will begin to receive operating permits from local jursidictions in the fourth quarter of 2019.