HIGR
Industry:
Consumer Staples Producers Consumer Services

DESCRIPTION

Hi-Great Group is a development-stage company operating in the health supplement and agritourism sectors. The company holds an exclusive worldwide license for SellaCare longevity supplements and owns patent rights for a chelated manufacturing method for nutritional formulations. Hi-Great Group intends to sell these products through e-commerce channels and plans to expand its offerings to include CBD oils and cosmetics. The company is developing a "Family Weekend Farm" resort near Los Angeles as its primary initiative. This agritourism project involves leasing garden parcels to members who can install customized portable cottages on their plots. Hi-Great Group plans to develop the resort in three phases, targeting 3,000 individual parcels with amenities like a clubhouse and dining facilities. The company’s business model relies on revenue from club memberships, parcel leases, cottage build-out packages, and online supplement sales. Hi-Great Group also intends to establish a national franchise model for its farming resort concept. The resort model requires significant upfront capital for land preparation and infrastructure. Although Hi-Great Group has outlined these plans, it currently has no operating revenue and has not disclosed meaningful progress toward executing its strategy. The company has undergone multiple management changes since being revived from a dormant state in 2019.

Read full business overview →