Beverly Hills Group, Inc. Announces Agreement to Acquire DiMora Pods
BEVERLY HILLS, CA -- February 21, 2017 -- InvestorsHub NewsWire -- Beverly Hills Group, Inc. (OTCPK: BHGI) is pleased to announce that it has entered into an agreement to acquire DiMora Pods, Inc., a manufacturer and distributor of customizable, state of the art, modular hydroponic systems, based in Palm Springs, California.
This acquisition will be the first transaction of BHGI's newly formed agricultural arm.
DiMora Pods Inc.’s current focus is partnering with existing grow operations of Native American tribes specializing in growing hemp for the extraction of medicinal CBD oil on sovereign tribal lands.
DiMora Pods, founded by Sir Alfred J. DiMora and Christopher Tefft, is currently at the forefront of the grow-pods industry by providing turnkey, state-of-the-art, "smart pods," that allow growers and farmers the fastest, most efficient way to launch or expand operations.
The pods act as a controlled biodynamic environment, that provides the optimal waterproofed, pest resistant, indoor vertical farming solution, for efficient process flow and maximum yields throughout the entire cultivation cycle.
The use of pods allows for a particularly efficient growing system, due to reduced energy costs and the reduction in equipment size needed to condition the air. The pods are environmentally friendly because they utilize highly recyclable building materials. Pod farming also allows multiple harvest cycles per year.
Currently, DiMora Pods, Inc. is revenue-producing, with a number of signed and pending contracts to provide the pods to various grow operations.
Additional details and specifics will be released in the coming weeks.
Jacob Thomas
Chairman of the board
