Hi-Great Group Holding Co (OTC: HIGR) is an agritourism and organic herbal supplement company that operates a Family Weekend Farm concept targeting urban and suburban consumers in California. The company generates revenue through product distribution of organic herbal supplements and agritourism activities at a leased property in Pearblossom, in the unincorporated area of Los Angeles County. HIGR holds a licensing agreement with SellaCare, Inc. covering patents and future products, under which it pays 25% of gross revenues or $1,000 per month, whichever is greater. As of December 31, 2024, the company had accrued $162,222 in licensing fees under that agreement. The company reported a net loss for both fiscal years ended December 31, 2024 and December 31, 2023, and carries a stockholders' deficit. HIGR is a smaller reporting company with no independent directors and its common stock is not listed on any national exchange.
- Revenue model
- Transactional revenue from distribution of organic herbal supplement products and agritourism activities at its Family Weekend Farm. Licensing fees are paid out to SellaCare, Inc. at 25% of gross revenues or $1,000 monthly minimum, per agreement dated March 19, 2020.
- Products and services
- Organic herbal supplements (licensed from SellaCare, Inc.); Family Weekend Farm agritourism experiences including resort, central family area, and clubhouse facilities on leased land in Pearblossom, California.
- Customers and end markets
- Urban and suburban consumers in California seeking agritourism experiences and organic herbal supplement products. The weekend family farm concept targets urban residents seeking rural community engagement and educational agricultural experiences.
- Value-chain role
- Downstream distributor and direct-to-consumer operator. HIGR licenses product intellectual property from SellaCare, Inc. and leases land from Sella Property, LLC, an entity controlled by the company's majority shareholder, to operate its farm and supplement distribution business.
- Geographic exposure
- Operations concentrated in Pearblossom, Los Angeles County, California, based on the land lease agreement dated March 16, 2020. Principal executive offices located in California.
Source: SEC 10-K, filed 2025-05-06
Industry:
Hotels & Motels