Cherubim Interests, Inc. Subsidiary Releases Conceptual Design Of Mobile Testing and Extraction Laboratory For The Cannabis Sector
DALLAS, TX -- (Marketwired) -- 12/08/16 -- Budcube Cultivation Systems (BCS), a subsidiary of Cherubim Interests, Inc. (OTC PINK: CHIT) ("the Company"), an expansion-stage alternative construction and real estate development company, along with venture-partner United Cannabis Corp (OTCQB: CNAB) releases conceptual designs of their mobile testing and extraction laboratories to service the cannabis sector.
The image(s) can be viewed here:
The companies expect to begin construction and assembly of the laboratory next week, and should begin shipment of the first unit by year-end.
United Cannabis Corp. has teamed with Jamaica-based Cannabis Research & Development and initiated a pilot program in collaboration with the Rastafari Studies Centre for Cannabis Research, University of West Indies, Mona, to establish protocols for the development of Ital Standards which will be used as a guide for the processing, cultivation and consumption of cannabis.
United Cannabis will work in collaboration with the Rastafari Studies Centre to support the activities of the DHAPA Association in accord with their broader objective of establishing an infrastructure for licensed Rastafari farmers and trainees to participate in the Jamaican marijuana industry. The Joint Venture's initial task will be to document and verify the genetics of the Centre's preliminary plantings, as well as provide guidance in the development of appropriate standards and training methods for future activities.
"The delivery of the laboratory to our partners at Cannabinoid Research and Development will be a large step in United Cannabis's plans to make medicinal products in Jamaica," said CNAB CEO Earnie Blackmon. "The Cannabis Licensing Authority has made major strides towards the implementation and launch of the Jamaican cannabis program, and we feel now is the time to move our project forward. We at UCANN look forward to working with CRD to provide safe and legal access to cannabis medicines across the country," he said.
"We are excited to enter into this niche market as we believe the long-term demand for these laboratories will be significant," said CHIT CEO Patrick Johnson.
IMPORTANT DISCLOSURE: Cherubim Interests, Inc. (OTC PINK: CHIT) and BudCube Cultivation Systems USA is planning execution of its stated business objectives in accordance with current understanding of State and Local Laws and Federal Enforcement Policies and Priorities as it relates to Marijuana (as outlined in the Justice Department's Cole Memo dated August 29, 2013), and plan to proceed cautiously with respect to legal and compliance issues. Potential investors and shareholders are cautioned that the companies will obtain advice of counsel prior to actualizing any portion of their business plan. Advice of counsel with regard to specific activities of the companies, Federal, State or Local legal action or changes in Federal Government Policy and/or State and Local Laws may adversely affect business operations and shareholder value.
