Blue Diamond Ventures Inc (BLDV)

[JPS02]

Blue Diamond Ventures, Inc. Provides Updates on Michigan Growth Fund

Joshua Alper CEO of BLDV outlines plans for the Michigan Growth Fund

June 21, 2017 Blue Diamond Ventures Inc. (OTC PK: BLDV) – Denver Colorado:

Blue Diamond Ventures Inc. (BLDV) has announced the launch of Michigan Growth LLC.

Michigan Growth LLC will fund the construction of multiple cannabis real estate properties, then lease the buildings to licensed Commercial Cannabis Growers in South West Michigan.

Blue Diamond has adopted a unique approach to Cannabis Real Estate in Michigan using Triple Net Leases, Medical Focus, and Public Share involvement. The Fund is projected to raise approximately $10 Million USD. Blue Diamond shares issued to investors for this project will be issued with a SIX (6) YEAR RESTRICTION, the investment is in a limited partnership in the buildings themselves and the stock represents a parallel path for investors to benefit. The Plans include an estimated twelve projects, along the Route 12 corridor from New Buffalo to Niles MI. This project is expected to provide economic growth and much need jobs for this region.

“Over the past several months, I have attended municipal meetings, met with city managers and city planners from multiple towns and villages. As a result, we have been able to identify several locations suitable for medical cannabis facilities, and we are actively pursuing those opportunities. In addition, we have several leases lined up, ready to rent space once buildings are completed.” Said Josh Alper CEO of BLDV.

Jonathan Alper Board Member and Licensed Landscape Architect also commented: “I have reviewed the sites that Josh has designated as possible locations for the Michigan Growth to build medical cannabis real estate projects on, and there is a synergy between the towns involved in this effort. We hope to create sort of a “Emerald Rectangle” in Southwest Michigan. This type of project truly plays to our strengths as an organization”

Blue Diamond is working closely with Jillian Sidoti, of Trowbridge Sidoti LLP to develop the Michigan Growth investment package and we expect to launch the fund within the month of July. Additional updates will follow soon.

About BLDV:

Blue Diamond Ventures, Inc. seeks to partner with individuals and companies that share a common synergy, mission and vision to enable products/services that are produced, delivered and consumed utilizing fewer natural resources, providing a sustainable alternative to traditional products on the market today. As a diversified customer, centric Management / Holding Company; Blue Diamond Ventures, Inc. seeks opportunities in various markets and is driven by critical thinking and the scientific method.

Safe Harbor:
This press release contains forward-looking statements. Such forward-looking statements are subject to several risks, assumptions, and uncertainties that could cause the Company's actual results to differ materially from those projected in such statements. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly revise any forward-looking statements.

Contact:
Blue Diamond Ventures Inc.
535 N. Michigan Ave. Suite
Joshua B. Alper CEO
[phone] [e-mail] www.bldvinc.com

Source: http://www.otcmarkets.com/ajax/showNewsReleaseDocumentById.pdf?id=26061