Vaxa Global, LLC. announced that it has entered into a farm management agreement with Monteverde Partners LLC to farm and manage industrial hemp production on 158 acres on Two Rivers Water and Farming Company’s Butte Valley Farm in Walsenburg, Colorado. The agreement will pave the way for expanded production in 2020 for over 1,000 additional acres of rich farmland in Southern Colorado owned by Two Rivers. This pilot project is expected to produce over one-quarter of a million pounds of CBD-rich flower for distribution to customers and internal uses. Currently, (Two Rivers owns/Vaxa Global has rights to) a total of irrigatable land of 2,372 acres and owns a total of 6,265 acres, and senior water rights in Southern Colorado. Additionally, The Company is expected to increase its land holdings along the Huerfano River basin and utilize its vast water rights to lease and purchase additional acres of high-quality farmland for the purpose of growing high-quality CBD genetics.