Upper Street Marketing Inc. and its wholly owned subsidiary Growing Springs Holding Corp. have entered into an agreement to process £1.5 million of hemp biomass into cannabidiol (CBD) isolates and distillates with a value of approximately $200 million. Fox Organic Farms will deliver the biomass from its 830-acre Saguache, Colorado cultivation to UPPR-affiliated extraction facilities in October, where it will be converted into pharmaceutical-grade CBD products in exchange for a 50% share of the revenue. Fortune magazine and other publications have contemplated a 100X surge in CBD consumption between now and 2023, at which point UPPR and other producers will need to ramp up output from a currently minimal 50,000 kg of isolate to as much as 3.5 million kg. An estimated 7% of Americans are currently consuming CBD products, with that population conservatively expanding 30% (to 25 million adults) by 2025. Fox already has an extensive network of commercial relationships in place through sales of CBD extracts will occur. Even though the company anticipates a 10-18% CBD yield, even at a low nominal 5% CBD yield (10-18% is more common), this arrangement can easily generate substantial cash flow for UPPR while its own Colorado hemp crop approaches harvest and extraction.