Catherine Bell and investors weigh turning a 720-acre Nevada property in an Opportunity Zone into a bison ranch instead of continuing cannabis. An artesian well provides water for irrigation and alfalfa to support the herd, and a bison operation unlocks cultural-heritage funding that cannabis cannot.
Are you doing deals like this?
Let me know if this is in an opportunity zone, and if we were to do a bison ranch on this, what would this look like?
And then you got alfalfa cattle support. You can do— you could probably do bison. That's a big piece of property, 700 acres roundabout.
Yeah, 720 or something it was.
Yeah, so you could do bison up there, and you could also do— you could also do the artesian well thing for sure. Buffalo need water more than any damn thing. Water-forward agriculture estate, bottled water distribution paired with ag. This is where you do bison ranch. And then when you do a bison ranch, you're also incorporating what's called a cultural heritage thing to it. And then they'll give you extra funding for that.
And if this is in an opportunity zone, ta-da-da-ding, like, let's go.
Please look and let me know if this is in an opportunity zone. And if we were to do a bison ranch on this, what would this look like?
It says yes, it appears this property is currently in an opportunity zone.
Bison ranch is a much cleaner highest and best use story than cannabis for this site because the appraisal already supports continued agricultural use and property already. So my recommendation is Model 2, Bison and Irrigation Hay Support Ranch. Why? Because it matches the appraisal agricultural, it fits the heavy water, heavy thesis.
And the, the alfalfa market in that area, like growing alfalfa, I've got 3 alfalfa partners we could work with that we could probably harvest 4 to 6 times depending on that, you know, depending on that soil grade out there. But to run a couple herd of bison out there, having a breeding ranch and being depending on where it's actually located in conjunction with our ranch up in Wyoming, we can then figure out, you know, how do we get them, you know, back and forth. So there's a real synergy with this and the congruency to what we're trying to do. So I definitely want to dig into this a little bit more. But the issue is, is that these are guys, you know, these guys are already invested into the cannabis situation and they may feel like, no, we can't give up. We got to go forward no matter what.
So it's interesting because the guy who's doing this deal happens to be in Denver today and he's asking if they can set up a meeting and sit down and talk about this deal. How attached to cannabis are you?
