North 49 Shrimp Co. Ltd. · Langley, British Columbia
A British Columbia indoor venture, built around the precedent that closed Berezan in 2019: twenty modular tanks, no antibiotics, live harvest to the Vancouver core in hours. We replace a Kirkland frozen shrimp supply chain that has been on since 2020.
Phase 1 capacity
20 biofloc tanks, year 1
Phase 2 capacity
100 tanks, gated on economics
Phase 1 capital stack
BCSRIF anchor + FCC + CALAP + equity
Numbers reconcile to SITE-CONTENT-PLAN §A. Working brand · TM clearance pending.
The wedge
The opening exists because three pressures converge: a Kirkland incumbent on FDA Import Alert, a tariff stack that re-routes pond shrimp away from the US, and a Vancouver live-shrimp gap that imports cannot close.
Replaceable supply
— the Indian processor behind much of Costco’s Kirkland frozen shrimp — has been on since November 2020 and recalled 24 SKUs for Salmonella that same year. The pushes effective US duty on Indian shrimp toward 58 percent. The supply is replaceable.
Defensible supply
CFIA-cleared from a named, IHHNV-free hatchery (American Penaeid SC, Mexican alternate qualified), modular tanks, and a Langley logistics moat eight kilometres from the Costco Langley DC. Any single tank failure equals five percent of capacity, not one hundred.
Path to scale
Live + Asian retail anchor Phase 1 cash. Costco enters via -compliant → BC-regional SKU → Phase 2 Kirkland conversation, with the ASC as the supplier-development pathway.
What we’re building
The Phase 1 footprint is a leased ex-cannabis M-2 industrial bay in the Langley/Abbotsford/Surrey corridor. Each produces around 1.5 tonnes of live weight per year on a 16-week cycle. Twenty boxes give us ~66,000 lb a year. Phase 2 takes the same site architecture to 100 boxes and ~330,000 lb — gated on the economics, not assumed.
4 cycles / yr / box · ~350 kg / cycle
Any single tank failure — not 100% (vs. Berezan RAS)
Lowest-cost lane of any indoor RAS shrimp producer
Primary toll processor (Richmond BC)
Positive screen = cull decision, not treatment
Atarraya firmware autonomous on cloud-down
Channel sequencing
Vancouver live HOSO and Asian retail live-tank channels clear $11–18 per pound wholesale at no certification gate and 1–3 month time-to-revenue. They fund the 10–16 month BRCGS + Costco-Addendum critical path. Costco enters Phase 2 through the ASC Improver Programme — not as a Day 1 lifeline.
| Channel | Wholesale ASP | Time to revenue | Cert gate |
|---|---|---|---|
Vancouver live HOSO 8,000–12,000 lb / yr — white-tablecloth + Cantonese banquet. Lunar New Year +15–25%. | $14–18 / lb wholesale | 1–3 months | No certification gate |
Asian retail live tank 10,000–18,000 lb / yr — T&T + H-Mart live-tank pilots. Volume bridge. | $11–14 / lb wholesale | 3–6 months | Vendor onboarding only |
Costco — Phase 2 Roadshow → BC-regional SKU → Kirkland conversation. Gated on Section E. | Cert-gated wholesale | 12–24 months | BRCGS + BAP + Addendum v3.0 |
Capital stack — Phase 1
The 2026 anchor is at 90 percent cost-share. is closed to new applications and sits on WATCH; if it reopens, it substitutes back into the anchor slot. The equity tranche uses a angel syndicate in place of the Costco-Manager Class B structure documented in the regulatory pages.
Base case — CAD $3.5M reconciled
What we’ve done already
April 29, 2026
10
research modules
Costco-meeting swarm: technology, regulatory, finance, food safety, supply chain, talent, market, funding, costco compliance, site & property.
May 25, 2026
11
specialist reviews
CEO · CMO · CTO · CFO · counsel · regulatory · COO · payroll · sales · risk auditor · funding matrix — synthesized into one site plan.
§A.10 reconciled
6
strategic pivots locked
BCSRIF anchor over AgriInnovate · VANTEC over Class B · split-fuel energy · 5-FTE Phase 1 · Section E Phase 2 gates · North 49 naming.
Section D open
10
tracked gates (V-01 → V-10)
KILL gates, verification gates, and grant gates with owners and target close dates. Tracked publicly on /risk and /roadmap.
May 25, 2026
2
cross-model adversarial reviews
Phase 4 multi-model cross-review (DeepSeek R1 + Gemini CLI) critically reviewed the rollout plan. 7 convergent findings identified. Synthesized in analysis/phase-4-cross-model-review/CROSS-MODEL-FINDINGS.md.
A path for each audience
Investors
Capital stack, scenarios, and the Phase 2 gate.
Grant officers
BCSRIF anchor, AgriInnovate WATCH, regulatory critical path.
Strategic partners
Where North 49 sits in the 2×2 and how the channel sequences.
Chef customers
Same-day live HOSO from Langley to your kitchen.
Future hires
Five-person Phase 1 team. Twenty-four-and-a-half FTE Phase 2.
What’s still open
Phase 1 is gated on four verification items. Each has an owner, a target close date, and a stop condition. We publish them because investors and grant officers will ask first.