That is the plan. Land confiscation.
Followed by the inevitable collapse of production wherever they did that.
But the grantees will sell out to the big land grabbers (Gates, etc) and run with the cash. Which of course they will lose over a few years, and be back complaining that they got no money and no land, and somebody owes them.
What can they do if you merely produce for yourself and don’t sell to others?