$100 Million LoneStar Life Sciences OZ Fund LLC launches seeking Accredited Investors for Indoor Growing of Hops in Rural Texas Agricultural Opportunity Zones
The Fund is raising a Series A Round.
AUSTIN, Texas, Aug. 3, 2021 /PRNewswire-PRWeb/ — $100 Million LoneStar Life Sciences OZ Fund LLC (the “Fund”) launches seeking Accredited investors for an investment in indoor growing facilities for hops and other crops along with sales of related products from rural agricultural opportunity zones near Lockhart and San Marcos Texas. The Fund will invest substantially all of the net proceeds of the offering in an affiliated operating company, LoneStar AgriTech, LLC (“LoneStar AgriTech”), who is on a mission to build and manage one million square feet of the most advanced indoor controlled environment greenhouse facilities in Texas. The initial focus will be on growing and harvesting high margin fresh hops for sale to breweries and the extraction of Xanthohumol for medicinal/nutraceutical purposes. The indoor facilities will provide highly automated and computer-controlled environments to maximize plant growth and yield while setting a new standard for responsible low-power, carbon-negative companies. Using the hops as the profitability foundation, future expansion into additional crops are expected to include other medicinal plant based cultivars and other vertically grown hydroponic food crops that would benefit from the high-yield potential of the indoor growing facilities.
Using advanced Environmental Management Systems (EMS) to control atmosphere, humidity, temperature, and nutrition, and establishing climate change related sustainability standards such as water conservation (recapture, recycle, reuse) and renewable energy, LoneStar AgriTech is in position to create an incommensurate market advantage in year-round production of hops and eventually other food stock or medicinal-use species.
“We are excited to be working with industry leading international companies like BW-Global and Cultivatd to design and manage one of the most advanced 1,000,000 sq. ft. greenhouse facilities in the world which includes both energy-efficient and water-saving technologies,” said Matt Atwood, principal of the Fund and President of LoneStar Life Sciences, Inc.
Texas Department of Agriculture endorses LoneStar AgriTech Hops Project in LoneStar Qualified Opportunity Zone Fund
Texas Ag Commissioner Sid Miller endorses LoneStar Life Sciences Opportunity Zone for year-round commercial greenhouse production of hops in Caldwell County TX
LOCKHART – SAN MARCOS, TX, CALDWELL, October 6, 2021 /EINPresswire.com/ — Sid Miller, Texas Agriculture Commissioner shares his support for the work of LoneStar Life Sciences and its efforts within their Qualified Opportunity Zone Fund (www.LoneStarOZ.com).
Commissioner Miller stated, “The Texas Department of Agriculture’s mission is to partner with all Texans to make Texas the nation’s leader in agriculture, fortify our economy, empower rural communities, promote healthy lifestyles, and cultivate winning strategies for rural, suburban, and urban Texas through exceptional service and the common threads of agriculture in our daily lives.”
Mr. Miller continued, “Through our work, we are lucky to witness the innovation of Texas producers and agricultural organizations as they work to increase the efficiency and strengthen the local supply chain. The work at LoneStar AgriTech represents an exciting opportunity to grow and commercialize hops in a state-of-the-art indoor grow facility in Texas.”
He added, “LoneStar AgriTech’s decision to build their grow facility in an Opportunity Zone will bring important capital investment, job creation, and economic development opportunities for Caldwell County and the central Texas region.”
CONTACT:
EMAIL:
info@lonestaroz.com
CALL:
(832) 852-3488
This Fund is 3rd Party Administered By OZ Invested