$MDCN .017- .10 to .20 PLUS is an easy goal for this one IMO!>>>Medican Enterprises Announces Zoning Approval for Marijuana Business Operations in 67,000 square foot Arizona Property
Las Vegas, February 25, 2015 – 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.
Medican Enterprises and JTB Real Estate LLLP Agree to Extension of the Closing Date for the of Arizona Property Acquisition
Las Vegas, February 18, 2015 – Medican Enterprises Inc. (OTCBB:MDCN) (the “Company” or “Medican Enterprises”), a company seeking promising pharmaceutical and other business opportunities in the emerging medical and recreational marijuana sector, announced today that the Company and JTB Real Estate LLLP (“JTB”) have agreed to extend the closing date of the previously announced acquisition. The acquisition of the 7,200 square foot retail and commercial property in Phoenix, Arizona was detailed in the press release dated January 20, 2015. The building acquisition brings near-term revenue and cash flow potential. Both parties are aggressively working together to close on or before March 31, 2015.
