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AGTK=up 19,950% we will all be rich soon imfo
MF might not be able to Reverse Split this time, just saying:)
MF share cultivating isn't going to good here. His ATM might be freezing up.
What makes this shell unnatractive to RM or conservatorship? Only 73 M outstanding.
What makes this shell unnatractive to RM or conservatorship? Only 73 M outstanding.
Suspension next week for a 100% loss this one threw in the towel its done
https://www.otcmarkets.com/stock/AGTK/security
Going......going......gone?
#AGTK: SAD TO WATCH TODAY.. ..!
BACK IN THE DAY OF $MWIP : WE HAD SOMETHING... SHE WILL ALWAYS BE MY BOTTOM BITCH...!
MJ/hemp/cbd is long due for a massive breakout, long long due, another manipulated sector!...but how long can they can keep this "Hot" sector under shackles, it will breakout!
Ambitious? Mj market heating up? anyone else DD?
https://www.otcmarkets.com/filing/html?id=14983883&guid=RqYkkeHwt0e0g3h
WallSt!, otc site has not answer to that question?...someone on the board can figure out!...still curious to know what that $10?
Interesting activities in AGTK!?...
can't stop wondering what is this $10?, is it $10 dollar or 10M?...
After the acquisition of FSB, the FSB bank accounts remained in the name of FSB and were never transferred to the Company and the operations of FSB continued in the same manner as they were prior to the Exchange Agreement and the Company never tried to exercise control of FSB in any manner.
On April 23, 2021, the Company and the Seller entered into the Agreement. Pursuant to the Agreement, the Seller agreed to sell the Company Shares to the Company in exchange for $10.00, and the Company agreed to sell the FSB shares to the Seller in exchange for $10.00. Pursuant to the Agreement the Company Shares will be returned to the Company’s authorized and unissued shares of common stock. The Agreement contains customary representations, warranties and covenants of the parties thereto.
Yes, he can’t get “current” on his filings due to indebtedness. Robbed Peter to pay Paul once too often. Curious if he will try the Crypto currency “bit” next. He may have warn out his welcome on the OTC.
IMO
The shysters operatng this long time scam AGTK should be jailed.
What a knee slapper! A year later and now they cancel that Full Spectrum Bio deal.
CANT MAKE THIS STUFF UP!
Incompetence and Greed. IMO.
No idea, but in my opinion Friedman will come through. $AGTK
Just bought a few what happened here to kill this off ?
Stick a fork in this! It’s Done! Find a real job MF!
IMO!
May 5, 2020, the Company entered into a securities purchase agreement (the “SPA”) with a lender, pursuant to which the Company issued and sold a promissory note in the aggregate principal amount of up to $565,556 (“May 2020 Note”) to be funded in several tranches, subject to the terms, conditions and limitations set forth in the May 2020 Note and five-year warrants (the “May 2020 Warrants”) to purchase up to 10,282,828 shares of the Company’s common stock at an exercise price equal to 110% of the VWAP of the common stock on the trading day immediately prior to the funding date of the respective tranche, (subject to adjustments under certain conditions as defined in the May 2020 Warrants). The May 2020 Note accrues interest at a rate of 9% per year (which shall be increased to 18% per year upon the occurrence of an Event of Default (as defined in the May 2020 Note). The aggregate principal amount of up to $565,555 consists of OID of up to $55,556 and $10,000 legal fees, with net proceeds of up to $500,000 to be funded in tranches. The maturity date of each tranche funded shall be six months from the effective date of each tranche. The lender has the right at any time to convert all or any part of the funded portion of the May 2020 Note into shares of the Company’s common stock at a conversion price equal to 58% of the lowest trading price during the twenty-five trading day period ending on either (i) the last complete trading day prior to the conversion date or (ii) the conversion date (subject to adjustment as provided in the May 2020 Note), at the Lender’s sole discretion. The Company received the; (i) first tranche on May 5, 2020 with the Company receiving net proceeds of $26,667, net of $16,667 OID and legal fees and issued 477,213 warrants; (ii) second tranche on June 1, 2020, with the Company receiving net proceeds of $40,000, net of $4,445 OID and issued 1,171,132 warrants; (iii) third tranche on June 25, 2020, with the Company receiving net proceeds of $5,000, net of $556 OID and issued 114,784 warrants; (iv) fourth tranche on July 6, 2020, with the Company receiving net proceeds of $25,000, net of $2,778 OID and issued 786,683 warrants; (v) fifth tranche on July 24, 2020, with the Company receiving net proceeds of $25,000, net of $2,778 OID and issued 598,401 warrants; and (vi) sixth tranche on August 5, 2020, with the Company receiving net proceeds of $10,000, net of $1,111 OID and issued 286,148 warrants.
TOXIC DEBT!! Mmmm mmm good!! LOL
As reflected in the accompanying consolidated financial statements contained elsewhere in this Annual Report on Form 10-K, the Company had net loss of $8,045,888 and $1,412,278 for the years ended December 31, 2019 and 2018, respectively. The net cash used in operations were $1,448,001 and $1,260,492 for the years ended December 31, 2019 and 2018, respectively. Additionally, the Company had an accumulated deficit of $35,036,243 and $26,990,355 at December 31, 2019 and December 31, 2018, respectively, had a working capital deficit of $5,355,872 at December 31, 2019, had no revenues from operations in 2019 and 2018 and we defaulted on our debt. Management believes that these matters raise substantial doubt about the Company’s ability to continue as a going concern for twelve months from the issuance date of this report.
Good stuff there. LMAO!
Agritek Holdings Inc. Announces Filing Of Its Annual Report On Form 10-K As First Benchmark In Returning To Fully Reporting Status And Proposed Uplisting To OTCQB Exchange
8:31 AM ET 3/3/21 | Dow Jones
LOS ANGELES, CA / ACCESSWIRE / March 3, 2021 / Agritek Holdings, Inc. (OTC PINK:AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor and provider of popular hemp brands including RehabRx (TM), today announced that the Company has filed with the Securities and Exchange Commission (SEC) on March 2, 2021 its Annual Report on Form 10-K for the year ending December 31, 2019 ("The Annual Report'). The consolidated financial statements contained in the Annual Report consist of the consolidated balance sheets of the Company as of December 31, 2019 and 2018, and the related consolidated statements of operations, consolidated statements of changes in stockholders' equity (deficit), and consolidated statements of cash flows for the years ended December 31, 2019 and 2018, and related notes.
Additionally, the Company is pleased to announce the acceptance and approval by our auditing firm and legal advisors of the acquisition of Full Spectrum Biosciences Inc. as a wholly owned subsidiary of Agritek Holdings Inc., which was not consummated until April 2020, noted within the filing and will be more fully detailed in the Quarterly Reports to follow this month. The Company expects to file the 2020 Annual Report on Form 10-K during the extension period, completing its filing delinquencies, returning to fully reporting compliance and allowing eligibility for uplisting.
"This filing of our annual report and completing the balance of our filings to bring Agritek Holdings in full compliance in order to complete our proposed uplisting is the first of many significant milestones taking place to provide complete transparency to our investment audience. As we move forward in completing our financial reporting obligations, apply for uplisting and announce additional members to our experienced management team in moving our business strategy forward, we will seek to capitalize on a year for undervalued companies within the cannabis sector with continued favorable legislation for our industry", stated B. Michael Friedman, CEO of Agritek Holdings Inc.
The Company's filings and Annual Report on Form 10-K may be accessed by the following link:
https://www.otcmarkets.com/stock/AGTK/disclosure
The Company recently announced it has executed a joint venture agreement through its wholly owned subsidiary Full Spectrum Biosciences with Biomedican and its' biosynthesis platform for the production of CBG/CBGA cannabis compounds. Biomedican, is a California based biotech company designing patented low-cost methods of growing high-value compounds at scale with proprietary yeasts. The Company recently announced it has successfully biosynthesized rare cannabinoid CBG/CBGA and is setting up large-scale production of its pharmaceutical-grade CBG/CBGA compounds, containing zero toxins and contaminants, and is 75-90% less expensive than current wholesale prices. Full Spectrum Biosciences through its agreement with Biomedican will be ready to ship in bulk orders CBG/CBGA material starting in Q3 or Q4 2021.
CBG naturally occurs at such trace amounts during the standard agricultural or cultivation process that remains challenging to manufacture economically with high purity levels. The Company's will now seek to produce high-purity, pharmaceutical-grade, toxin- and contaminant-free, low-cost CBG/CBGA at scale via biosynthesis. This process results in products that are high-quality, consistent, and bioidentical to the molecules found in nature, which is crucial to large-scale distribution.
CBG/CBGA is a non-psychoactive cannabinoid, with early research suggests it has a range of bioactive properties in the body, including anti-inflammatory, antimicrobial and antioxidant functions. The known health benefits of CBG/CBGA include fighting inflammation, pain and nausea, as well as working to slow the proliferation of cancer cells. There is a significant amount of evidence that CBG/CBGA will be as impactful to the health and wellness market as CBD has become around the world.
Neither Full Spectrum Biosciences or Biomedican touch the plant or produce THC or any other psychoactive ingredients at any point in time during its biosynthesis process. According to legal opinion, Biomedican is outside of federal regulations, since the current regulations center around touching the plant or producing THC. This will allow the company to distribute CBG/CBGA into a wide variety of channels, including nutraceuticals, food/beverage, personal care/lotions, and cosmetics.
About Agritek Holdings, Inc.
Agritek Holdings, Inc. (www.AgritekHoldings.com), is a fully integrated, active real estate investor and advisor of white label brands in the legal cannabis sector. Specifically, Agritek Holdings provides strategic capital and functional expertise to accelerate the commercialization of its diversified portfolio of cannabis related real estate holdings. Agritek Holdings recently acquired Full Spectrum Biosciences as a wholly owned subsidiary which manufactures and distributes its hemp-derived CBD products under the Rehab Rx, MD Vapes, Hemp Pops and Higher Society trademarked brands. Full Spectrum brands are currently sold online (www.RehabRx.com) as well as approved for sale on Amazon (www.Amazon.com) currently being sold in the United States and parts of Canada. Agritek Holdings Inc. does not directly grow, harvest, or distribute or sell cannabis or any substances that violate or contravene United States law or the Controlled Substances Act.
FORWARD-LOOKING DISCLAIMER:
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Agritek Holdings, Inc. to be materially different from the statements made herein. Agritek Holdings Inc. undertakes no obligation to publicly update or revise any forward-looking statements contained in this press release, whether as a result of new information, future events or otherwise, except as required by law. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this press release might not occur, and AGTK's actual results could differ materially from those anticipated in these forward-looking statements.
CONTACT:
Agritek Holdings, Inc.
www.AgritekHoldings.com
305.721.2727
SOURCE: Agritek Holdings, Inc.
View source version on accesswire.com:
https://www.accesswire.com/633154/Agritek-Holdings-Inc-Announces-Filing-Of-Its-Annual-Report-On-Form-10-K-As-First-Benchmark-In-Returning-To-Fully-Reporting-Status-And-Proposed-Uplisting-To-OTCQB-Exchange
$AGTK GOING CURRENT!
Take your profits chances are it doesn't hold it up here retrace before another trip north...if you can take out the initial and still have shares do it...never go broke taking profits...
https://finance.yahoo.com/news/agritek-holdings-inc-announces-completion-144000224.html
I guess Friedman ditched his plans for a "Sports Gaming platform.
A whole 368,930 shares traded today.....WOOHOO!
It's hilarious that some would consider a move from .02 to .04 a big move. Congrats to the small timer here! Such light volume makes it hard for the real players to make any meaningful money on this "company" that never fulfills it commitments.
Despite the "promises" made in PR's they are still not "Current" with their filings. BEWARE OF TOXIC DEBT HERE!!
https://www.otcmarkets.com/stock/AGTK/overview
IMO
And there’s a big dump for ya! Classic pump and dump Friedman PR.
& months later Friedman is still "promising" an uplist and to bring financials current. He must have A LOT to hide.
A lot of dumping to ensue here. Let the share printing begin Friedman!!
BEWARE! Reverse Split COMING!
IMO
BEWARE! TOXIC DEBT hidden here. Much better plays out there.
IMO
Sill not uplisted! All talk! You call .02 to .04 big? LMAO! In this hyper-inflated market that ain't shit NEWB.
Agritek Holdings Inc. Announces Immediate Plan for Return to Fully Reporting Status and Additions to Management Team
8:30 AM ET 2/9/21 | Dow Jones
LOS ANGELES, CA / ACCESSWIRE / February 9, 2021 / Agritek Holdings, Inc. (OTC PINK:AGTK), a fully-integrated, active real estate investor and provider of popular hemp brands including RehabRx(TM), today announced that the Company is expected to complete required filings of its 10K Annual Report and Quarterly reports for 2019 and 2020 this month after final review and approval by its auditing firm, M&K CPAS PLCC. The Company has retained both legal and strategic advisors within the last month to ensure that it returns to up-listed status of a fully reporting company as soon as possible.
"Upon returning and up-listing as a fully reporting company, I believe Agritek Holdings will have multiple opportunities to grow our existing businesses within the cannabis sector and potentially entertain larger acquisitions with the help of our newly appointed advisory counsel and additions to our Board of Directors to be announced shortly. With a new majority Democratic Congress and recent legislative proposals favorable to the cannabis sector in the pipeline, we are excited to continue our renewed business strategy with increased transparency and credibility," stated B. Michael Friedman, CEO of Agritek Holdings. "It took a tremendous amount of time and all of our effort and attention to complete our delinquent filings due to multiple corporate actions both proposed and pending, the COVID pandemic and limited access to corporate operations, and we are now ready and able to fully focus on our return to up-listed status and new deals in front of us," continued Friedman.
The Company recently announced it has executed a joint venture agreement through its wholly owned subsidiary Full Spectrum Biosciences with Biomedican and its biosynthesis platform for the production of CBG/CBGA cannabis compounds. Biomedican, is a California-based biotech company designing patented low-cost methods of growing high-value compounds at scale with proprietary yeasts. The Company recently announced it has successfully biosynthesized rare cannabinoid CBG/CBGA and is setting up large-scale production of its pharmaceutical-grade CBG/CBGA compounds, containing zero toxins and contaminants, and is 75-90% less expensive than current wholesale prices. Full Spectrum Biosciences, through its agreement with Biomedican, will be ready to ship in bulk orders CBG/CBGA material starting in Q3 or Q4 2021.
CBG naturally occurs at such trace amounts during the standard agricultural or cultivation process that it remains challenging to manufacture economically with high purity levels. The Company will now seek to produce high-purity, pharmaceutical-grade, toxin- and contaminant-free, low-cost CBG/CBGA at scale via biosynthesis. This process results in products that are high-quality, consistent, and bioidentical to the molecules found in nature, which is crucial to large-scale distribution.
CBG/CBGA is a non-psychoactive cannabinoid, with early research suggests it has a range of bioactive properties in the body, including anti-inflammatory, antimicrobial and antioxidant functions. The known health benefits of CBG/CBGA include fighting inflammation, pain and nausea, as well as working to slow the proliferation of cancer cells. There is a significant amount of evidence that CBG/CBGA will be as impactful to the health and wellness market as CBD has become around the world.
Neither Full Spectrum Biosciences or Biomedican touch the plant or produce THC or any other psychoactive ingredients at any point in time during its biosynthesis process. According to legal opinion, Biomedican is outside of federal regulations, since the current regulations center around touching the plant or producing THC. This will allow the company to distribute CBG/CBGA into a wide variety of channels, including nutraceuticals, food/beverage, personal care/lotions, and cosmetics.
About Agritek Holdings, Inc.
Agritek Holdings, Inc., is a fully integrated, active real estate investor and advisor of white label brands in the legal cannabis sector. Specifically, Agritek Holdings provides strategic capital and functional expertise to accelerate the commercialization of its diversified portfolio of cannabis related real estate holdings. Agritek Holdings recently acquired Full Spectrum Biosciences as a wholly owned subsidiary which manufactures and distributes its hemp-derived CBD products under the Rehab Rx, MD Vapes, Hemp Pops and Higher Society trademarked brands. Full Spectrum brands are currently sold online as well as approved for sale on Amazon, currently being sold in the United States and parts of Canada. Agritek Holdings Inc. does not directly grow, harvest, or distribute or sell cannabis or any substances that violate or contravene United States law or the Controlled Substances Act.
FORWARD-LOOKING DISCLAIMER:
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Agritek Holdings, Inc. to be materially different from the statements made herein. Agritek Holdings Inc. undertakes no obligation to publicly update or revise any forward-looking statements contained in this press release, whether as a result of new information, future events or otherwise, except as required by law. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this press release might not occur, and AGTK's actual results could differ materially from those anticipated in these forward-looking statements.
Contact:
Agritek Holdings, Inc.
www.AgritekHoldings.com
305.721.2727
SOURCE: Agritek Holdings, Inc.
View source version on accesswire.com:
https://www.accesswire.com/628522/Agritek-Holdings-Inc-Announces-Immediate-Plan-for-Return-to-Fully-Reporting-Status-and-Additions-to-Management-Team
> Dow Jones Newswires
February 09, 2021 08:30 ET (13:30 GMT)
https://www.otcmarkets.com/filing/html?id=14287339&guid=hkjKUnLeS6cPsyh
I love this one. FINRA won't even allow this scam another name change. TOO MANY OUTSTANDING DEBTS. HIDDEN TOXIC DEBT HERE.
IMO.
https://www.otcmarkets.com/stock/AGTK/news/Agritek-Holdings-Inc-Announces-Update-on-Filing-of-2019-Annual-Audited-Financials-and-Corporate-Initiatives?id=267216
Huh?! Back in July of 2020 Friedman said it would be three weeks. Just a little tardy.
https://www.otcmarkets.com/stock/AGTK/overview
Oops! Spoke too soon, still DELINQUENT.
Via a reverse split maybe. LMAO.
Sell sell sell as the toxic lenders do.
Beware up “gap ups” at the open. Friedman/ toxic debt lenders love to sell into it and watch the PPS go DOWN Down down................,
The Market is running every POS out there , yet this Dog has not had it's day yet.
MF try mixing some type of bitcoin play in with your fake "Gambling" play (and your MJ). Maybe you can fool some peeps with that.
You already have at least one fool here.
IMO
BEWARE! TOXIC DEBT FINANCING HERE!
https://www.otcmarkets.com/stock/AGTK/overview
WARNING people this so called company will take your money. Filings are delinquent. Where are the quarterly reports? Nothing to report is the story here.
IMO
$MJNA Healthcare
Industry: Drug Manufacturers—Specialty & Generic
http://www.medicalmarijuanainc.com
I hear ya. Only a real idiot would own this decade long scam.
IMO
$AGTK scam back to .0001
This has been in a downtrend since 2014, especially when all the reverse splits are factored in.
You have been wrong all along. So what do YOU have to say?
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Agritek Holdings, Inc. (AGTK)
Building Canna-business From the Ground Up to the Cloud
http://agritekholdings.com/
Agritek Holdings, Inc., the first fully reporting Company and pioneer within the medicinal marijuana sector, provides innovative patient and agricultural solutions and seeks to be the leader in Compassionate Care Technology and indoor/outdoor agricultural solutions for the recreational cannabis industry.
Agritek Holdings, Inc., the first fully reporting company under the OTCQB, (Stock Symbol: AGTK) provides innovative patient and agricultural solutions with the goal of becoming a leader in compassionate care technology for the medical marijuana industry. While it does not grow, harvest, or distribute cannabis, the company provides real estate management and health and wellness product lines, including beverages, vaporizers, and accessories under its trademarked Mont Blunt™ brand. The Company additionally has two wholly owned subsidiaries, “Agritek Venture Holdings, Inc.,” which holds all land acquisitions and leases as well as “The American Hemp Trading, Inc.,” for hemp based beverages and products.
Agritek Holdings through its’ wholly owned subsidiary “Agritek Venture Holdings Inc.” provides real estate services including the acquisition, zoning, infrastructure build of greenhouse operations and leasing of agricultural land developments zoned specifically for canna-business within licensed jurisdictions. The Company presently holds land ownership of over 120 acres in Colorado as well as managing new project acquisitions and acreage in Florida and Nevada.
Agritek Holdings Inc. does not directly grow, harvest, or distribute or sell cannabis or any substances that violate United States law or the Controlled Substances Act, nor does it intend to do so in the future.
The U.S. cannabis industry grew 64% in 2013 and is expected to reach $2.34 billion in size by the end of 2014, according to ArcView Market Research. The Company’s combination of agricultural acquisitions and plans for managed facilities in three legal jurisdictions, Colorado, Florida and Nevada, wellness products and financial management services aligned with its seasoned management team presents a fully-integrated and diversified play within the cannabis industry.
http://agritekholdings.com/about/
Board of Directors
B. Michael Friedman
Founder, Advisory Board, Interim CEO, Director
B. Michael Friedman has served as Chief Executive Officer and member of the Board of Directors of Agritek Holdings Inc. and MediSwipe. Inc., for the last six years and is a pioneer within the Medicinal Cannabis Industry. Mr. Friedman’s Companies were the first fully reporting Companies within the sector to become public and provide financial transactions and wellness products to the industry including several hundred independent medical dispensaries throughout Colorado and California. The Company also owns the trademarked brand Mont Blunt ™, which is an exclusive line of vaporizers and e-cigarettes sold and endorsed by celebrities throughout the US. The company presently owns 80 acres of agricultural land in Colorado as well as acreage in Florida and plans to be the first Company to truly provide managed agricultural facilities, infrastructure, and greenhouse technology to licensed and regulated growers within the sector in both states.
In February 2010 (inception date) Mr. Friedman founded 800 Commerce Inc. a merchant processing and mobile application company presently responsible for over 200 million dollars in processing transactions annually, and has been the President since inception date. Since 2009, Mr. Friedman has over 20 years of investment banking experience, particularly in the areas of mergers and acquisitions, manufacturing, marketing, advertising, and licensing. Since 2008 Mr. Friedman operates in a managerial capacity, First Level Capital LLC, a mergers and acquisitions and financial consulting firm located in Los Angeles, California.Mr. Friedman received his Bachelor of Science (BS) in Marketing and Management in 1986 from the University of Florida, in Gainesville, Florida.
Overview
News / Events
Company Information
Financial Information
Stock Data
SEC Filings
Corporate Governance
Board of Directors
http://agritekholdings.com/services/
Latest News
http://agritekholdings.com/contact/
Agritek Holdings, Inc. Completes Elimination of $850,000 of Toxic Debt From Former Lenders
1/27/2016
Agritek Holdings Inc. Announces Elimination Of Over $500,000 In Convertible Notes And Toxic Debt From Company's Balance Sheet
1/05/2016
Agritek Holdings Inc. Announces Letter to Shareholders and Appointment of Interim Chief Executive Officer B. Michael Freidman
1/09/2015
Agritek Holdings, Inc. Announces Exclusive Interview With CEO Justin Braune at World Cannabis Conference in Los Angeles and Launch of Company's eCommerce Website www.ProhibitionLife.com
Oct 1, 2015
Agritek Holdings, Inc. Announces Appointment of New Chief Financial Officer
Sep 17, 2015
http://www.otcmarkets.com/stock/AGTK/news/Agritek-Holdings--Inc--Announces-Launch-of-Next-Generation-Vaporizer-and-Accessories-Through-Distributors-in-California-and-Colorado-Under-Prohibition-Products-Division?id=114157&b=y
Sep 10, 2015
http://ir.agritekholdings.com/press-releases/detail/1175
April 27, 2015
http://ir.agritekholdings.com/press-releases/detail/1174/agritek-holdings-inc-announces-execution-of-nevada
March 23, 2015
http://ir.agritekholdings.com/press-releases/detail/1164/agritek-holdings-inc-announces-industry-veteran-justin
March 17, 2015
http://ir.agritekholdings.com/press-releases/detail/1154/agritek-holdings-inc-ceo-announces-letter-to-shareholders
March 4, 2015
Agritek Holdings, Inc. Announces Joint Venture and License for Unlimited Hemp Production and Research Facility With Colorado Based Partner
LOS ANGELES, CA -- (Marketwired) -- 09/15/16 -- Agritek Holdings, Inc. (OTC PINK: AGTK), a leader in Compassionate Care Technology and agricultural solutions for the recreational cannabis industry, today announced that the company has executed a Joint Venture and Letter of Intent with a Colorado based partner and license holder for unlimited Hemp production. The two Companies intend to collaborate on an indoor, controlled Hemp grow for research and development creating a leading line of organic Hemp juices and wellness products produced in the US for distribution and shall be legal in all jurisdictions throughout the United states and internationally.
The Colorado based partner to be named once the definitive agreement is executed within the next few weeks has a long history of cultivation of organic plants, fruits and vegetables. The Hemp grow and cultivation license which shall be under the umbrella as a subsidiary Company with Agritek as the principal investor shall allow the company to create and distribute new Hemp wellness brands and products with the utmost consistency through conducting internal research and perfection of Hemp strains through the planned research facility.
"We have been able to get this venture off the ground with minimal investment dollars, and the value of having the Hemp cultivation license through our strategic partner and being able to control our own strains, research and provide the consistency of product quality through maintaining our own grow through this partnership will prove to be an invaluable asset to our Company's future revenue growth," stated B. Michael Friedman, CEO of Agritek Holdings, Inc.
The Company recently announced its partnership with WoahStork.com (www.woahstork.com) a web based application allowing patients and recreational users in CA, CO, OR, and NV to electronically upload their government issued ID and medical marijuana recommendation, peruse a curated marketplace of nearby products, and place online orders with local dispensaries. The unique web based application is the first of its kind providing the encrypted storage of patient information, strain library and geographical location to medicinal and recreational cannabis providers in aforementioned legal jurisdictions while allowing for pre-ordering and surgical advertising on behalf of the client. WoahStork.com aims to be the "Amazon of Marijuana."
Those patients seeking to immediately join the network and obtain rewards points for purchases or dispensaries seeking to take advantage of the application may join at the following links: for patients: http://goo.gl/278mCo; for dispensary owners: http://goo.gl/waQGNy. ;
About Agritek Holdings, Inc.
Agritek Holdings, Inc., a pioneer within the medicinal marijuana space, provides innovative patient and agricultural solutions and seeks to be the leader in Compassionate Care Technology for the medicinal marijuana industry. Agritek Holdings, Inc. does not directly grow, harvest, or distribute or sell cannabis or any substances that violate or contravene United States law or the Controlled Substances Act, nor does it intend to do so in the future.
FORWARD-LOOKING DISCLAIMER:
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Agritek Holdings, Inc. to be materially different from the statements made herein.
Contact:
Agritek Holdings, Inc.
305.721.2727
Source: Agritek Holdings, Inc.
http://ir.agritekholdings.com/press-releases/detail/1190/agritek-holdings-inc-announces-joint-venture-and-license
http://www.agritekholdings.com
Share Structure
http://www.otcmarkets.com/stock/AGTK/quote
HOT NEWS AGTK in the Press...
https://www.joomag.com/en/newsstand/cannainvestor-magazine-november-december-2016/0759833001479178009
http://agritekholdings.com/
https://www.facebook.com/agritekholdings/
https://twitter.com/AgritekHoldings
https://www.otcmarkets.com/stock/AGTK/news
http://californiapremiums.com
https://www.facebook.com/calipremiums/
https://www.agritekholdings.com/brands/#california-premiums
https://www.otcmarkets.com/stock/AGTK/news/Agritek-Holdings-Inc-Announces-Licensing-Deal-With-Pre-ICO-Manufacturing-Facility-in-California-for-Companys-Roll-Out-of?id=183459
LOS ANGELES, CA, Feb. 14, 2018 (GLOBE NEWSWIRE) -- Agritek Holdings, Inc. (OTCQB: AGTK) www.AgritekHoldings.com, a fully integrated, active cannabis real estate investor and branding consultant in the legal cannabis sector, today announced that the Company has expanded manufacturing of the exclusive licensed “California Premiums” pre-roll brand to a licensed Pre-ICO manufacturing facility located in Los Angeles, California. The new manufacturing facility will allow Agritek Holdings to immediately increase production of the California Premiums Brand to meet demand and requests by local dispensaries in West Hollywood and delivery services for the much anticipated product. The California Premiums brand may be viewed via the worldwide web at http://californiapremiums.com.
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