We are excited to announce that we have acquired an additional farm in anticipation of increased demand for our products in Europe. The 63-hectare farm is located near our existing facilities, which will enable us to increase production quickly and efficiently. We are confident that this acquisition will help us meet the growing demand for our products in Europe and continue to expand our business.
Although the acquisition of the new 63-hectare farm was primarily done with agriculture bank financing, a very limited number of investor positions will be available with the same double-digit returns as phase 3. In addition, as we have mentioned in previous updates, we occasionally have individual lots available in the original farm, again offering double-digit returns. Please let us know if you would like to discuss details on a zoom call.