Cherubim Interests Inc (CHIT)

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BudCube Cultivation Systems

The company is currently locating raw land in the DFW Metroplex to build a state of the art office complex for its staff and for production and Distribution hub for BudCube Cultivation Systems technology. The company had originally signed a real estate contract to deploy BudCube Cultivation Systems technology and hybrid business concept in the Eugene, Oregon area. The contract has lapsed but the company plans on resuming discussions regarding the property in the coming weeks. If we are not successful acquiring the originally located property, one of similar or like kind will be.

BudCube Construction Services

The Company has executed a construction management agreement with GreenPhoria Farms to perform industry-agnostic tenant finish out services. GreenPhoria Farms is a cannabis producer with twelve proprietary strains and over 30 years of cultivation expertise in the industry. The company currently has approximately 20,000 sq. feet under lease in Hillsboro, Oregon, and intends on introducing its proprietary strains to the industry as early as 3rd quarter 2017. The company has begun mobilization and opened its construction office in Hillsboro, Oregon. We expect to begin wall erection in the coming weeks.