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NRC Equity Fund 1 <br /> space as follows: <br /> Indoor 14,000 square feet of indoor nursery-$25,000 per month turnkey <br /> 11.2 Leased Extraction Space <br /> NRCEF will offer 3,000 square feet of extraction space at the rate of $2.00 per <br /> Square foot. NRCEF will provide an extraction laboratory capable of producing <br /> 300 pounds per day. It will be a volatile and non-volatile laboratory. The <br /> laboratory will be equipped for carbon dioxide extraction and closed loop butane <br /> hash oil extraction. It will also be equipped for fractional distillation. <br /> 11.3 Leased Research/Laboratory Space <br /> Cannabis testing is by far the smallest segment of the industry when measured by <br /> number of companies. But the work labs perform is critical from a health and <br /> safety perspective, as these companies test for everything from pesticides to <br /> potency. Laboratory-tested cannabis is a requirement in nearly every state that <br /> regulates marijuana businesses, though no federal or industrywide standards exist. <br /> These labs technically "touch" the plant but do not sell it to other companies or <br /> businesses. <br /> NRCEF will build out the 4,000 square-foot laboratory, minus laboratory <br /> equipment. Rent will be $1.75 per square foot for this use. <br /> 11.4 Food Service Space Lease <br /> NRCEF will lease the following food service space: <br /> • Bar/Lounge — 2,600 square feet <br /> • Cafe — 2,500 square feet <br /> • Wine Tasting — 1,000 square feet <br /> (Left Intentionally Blank) <br /> Page 50 1 54 <br />