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Tuesday, February 25, 2014 3:03:40 PM
Creative Edge plans to sink $12 million into building a facility that can grow a huge amount of pot.
The $12 million is coming from a company called GrowLife that makes marijuana growing equipment and is financing the facility in exchange for a 25% stake, Chaaban says.
Venture capital investment wasn’t a good option. VCs willing to invest in pot ventures want to take “upwards of 70%” equity, Chaaban says.
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Joe Byrnes was also an investor on the Movie Studio that never happened as well. His name listed as the "solicitor" on the Studio plans.
The film production industry in Ontario is currently centered in the greater Toronto ... The founding president of the company Mr. Jim Shaban has spent over 20 years in the film and entertainment industry. .... 5.3 Solicitor ..... Mr. Joseph Byrne.
Note Mayor Tom Bain was also involved in that project:
WHAT: Announcement of studio project to be completed in Spring 2011.
WHO: Mr. Jim Shaban, CEO NAFTC Studios
Honourable Dwight Duncan, Minister of Finance
Mr. Bruce Crozier, MPP Essex
Warden Tom Bain
Mr. John Millson, President Great Lakes Energy Inc.
WHERE: 20 North Rear Road, Maidstone ON, N0R 1K0
WHEN: Thursday December 16, 2010 2:00 pm
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http://www.windsorsquare.ca/2014/01/w-e-ed-is-our-future/
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