MDCN multi-million dollar marijuana acquisitions due to close by March 31st:
Medican Enterprises Announces Zoning Approval for Marijuana Business Operations in 67,000 Square Foot Arizona Property
LAS VEGAS--(BUSINESS WIRE)--
Medican Enterprises Inc. (OTCBB:MDCN), announced today that the 67,000 square foot facility located, in Phoenix Arizona,
it is acquiring has received zoning approval
and is now zone compliant for the operation of legal medical marijuana businesses.
“With the zoning approval in hand, this commercial transaction now meets our criteria and we are moving rapidly to finalize the due diligence process,” commented Ken Williams, CEO of Medican Enterprises. “Located just minutes from Hwy 60 and the I-17 and featuring excellent visibility in a high traffic center, this unique property represents the type of asset we are looking for.”
The transaction is planned for closure by the end of the first quarter of 2015.