Thursday, June 22, 2017 2:48:19 AM
Paradise Ridge Hydrocarbons, Inc. (OTC Pink: PRGE) today announced its real estate subsidiary, Grupo Resilient International Properties, Inc. has contracted to purchase a 31,800 sq. ft. office/warehouse facility for its cannabis Agri-Campus Headquarters in Dallas, Texas. The company plans to acquire and develop strategic real estate projects throughout Texas, as well as offering turnkey solutions and services to accommodate growers in the rapidly growing cannabis industry, in anticipation of Texas ultimately legalizing cannabis.
Gordon Johnson stated, "Placing these real estate bets on the prospects of legalization of Cannabis is not much different than wildcatting for oil, which has made many Texas gamblers super rich historically."
The turnkey solutions the company plans to offer if and when Cannabis is legalized will include grow benches, lighting, air filtration/circulation systems, irrigation, de-humidification systems, computerized control systems and CO2 injection.
This model has been successfully implemented in Washington, Oregon, Colorado and Arizona and other states like Illinois, New York and Vermont are currently preparing as we are. We believe combining an extremely experienced management team in a market 'as Big as Texas' with our First-Mover Advantage should give us a jump on all people entering the prospective Texas market if Cannabis is legalized.
The company is also moving forward with the previously announced a 3 for 1 forward stock split with a record date of June 25, 2017 set.
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM