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WILDFIRE IS CGRA$
This should be posted here every day. They are literally one in the same. They are only separate because of federal law which will change soon. Then no more need for rent checks. OPTION TO PURCHASE PEOPLE!
CGrowth Capital, Inc. Executes Commercial Lease and Option to Purchase with Wildfire Cannabis Company
Date : 05/15/2015 @ 9:30AM
Source : Access Wire
Stock : Cgrowth Capital, Inc. (PC) (CGRA)
Quote : 0.0185 0.0011 (6.32%) @ 4:30PM
CGrowth Capital, Inc. Executes Commercial Lease and Option to Purchase with Wildfire Cannabis Company
Print
SILVERDALE, WA / ACCESSWIRE / May 15, 2015 / CGrowth Capital, Inc. (PINKSHEETS: CGRA) (the "Company") is excited to share the details of the Lease Agreement between our wholly- owned subsidiary Chewelah Properties, LLC and Wildfire Cannabis Company, LLC ("Tenant" or "WFCC"), a Tier 3 cannabis Producer in Washington state. The five (5) year, with five (5) year renewal, Lease Agreement calls for a turn-key operational facility provided by the Company for the production and processing of cannabis by the Tenant. The Lease Agreement anticipates gross payments in excess of $2,000,000 annually, to include base rent, tenant improvements, common area maintenance charges, ancillary rentable areas, and administration fees. The Lease Agreement provides for the Tenant to increase its base rentable space by up to 33% as future business growth dictates, in turn increasing the realized rent and revenue to the Company.
In addition to the Lease Agreement, the Company is pleased to announce that it has executed an Option to Purchase Agreement ("Option") with Wildfire Cannabis Company, LLC. The Option gives the Company the right to purchase WFCC for three (3) times its net annual revenue - to be paid by half in cash and half in restricted stock of the Company - for the term of the Lease Agreement. Triggers for the Option include the Company's evaluation of current Federal regulations as they relate to the classification of marijuana as a Schedule I substance, versus the anticipated reclassification to a Schedule II substance. The Company will also continue to evaluate the progression of current banking regulations regarding cannabis, and the ability to provide proper audit accounting moving forward.
"There are so many new opportunities beginning to present themselves to our Company within the marijuana sector that we are beyond excited for what the future holds," stated Bill Wright, CEO of CGrowth Capital. "We are building on existing relationships in Colorado, California, Texas, and other progressive states for future expansion into the broader national marijuana market. By leading in with strong leasehold agreements and the ability to purchase the business at a later date, we are setting ourselves up to be a leader in this emerging market when the legal climate changes."
The Company will continue to deliver on its commitment to transparency to its shareholders and investors, as we actively pursue business opportunities within our target markets, including the cannabis market space, oil and gas ventures, precious metals, real estate development, and the advancement of our dolomite and silica holdings.
Report TOS
This should be posted here every day. They are literally one in the same. They are only separate because of federal law which will change soon. Then no more need for rent checks. OPTION TO PURCHASE PEOPLE!
CGrowth Capital, Inc. Executes Commercial Lease and Option to Purchase with Wildfire Cannabis Company
Date : 05/15/2015 @ 9:30AM
Source : Access Wire
Stock : Cgrowth Capital, Inc. (PC) (CGRA)
Quote : 0.0185 0.0011 (6.32%) @ 4:30PM
CGrowth Capital, Inc. Executes Commercial Lease and Option to Purchase with Wildfire Cannabis Company
Print
SILVERDALE, WA / ACCESSWIRE / May 15, 2015 / CGrowth Capital, Inc. (PINKSHEETS: CGRA) (the "Company") is excited to share the details of the Lease Agreement between our wholly- owned subsidiary Chewelah Properties, LLC and Wildfire Cannabis Company, LLC ("Tenant" or "WFCC"), a Tier 3 cannabis Producer in Washington state. The five (5) year, with five (5) year renewal, Lease Agreement calls for a turn-key operational facility provided by the Company for the production and processing of cannabis by the Tenant. The Lease Agreement anticipates gross payments in excess of $2,000,000 annually, to include base rent, tenant improvements, common area maintenance charges, ancillary rentable areas, and administration fees. The Lease Agreement provides for the Tenant to increase its base rentable space by up to 33% as future business growth dictates, in turn increasing the realized rent and revenue to the Company.
In addition to the Lease Agreement, the Company is pleased to announce that it has executed an Option to Purchase Agreement ("Option") with Wildfire Cannabis Company, LLC. The Option gives the Company the right to purchase WFCC for three (3) times its net annual revenue - to be paid by half in cash and half in restricted stock of the Company - for the term of the Lease Agreement. Triggers for the Option include the Company's evaluation of current Federal regulations as they relate to the classification of marijuana as a Schedule I substance, versus the anticipated reclassification to a Schedule II substance. The Company will also continue to evaluate the progression of current banking regulations regarding cannabis, and the ability to provide proper audit accounting moving forward.
"There are so many new opportunities beginning to present themselves to our Company within the marijuana sector that we are beyond excited for what the future holds," stated Bill Wright, CEO of CGrowth Capital. "We are building on existing relationships in Colorado, California, Texas, and other progressive states for future expansion into the broader national marijuana market. By leading in with strong leasehold agreements and the ability to purchase the business at a later date, we are setting ourselves up to be a leader in this emerging market when the legal climate changes."
The Company will continue to deliver on its commitment to transparency to its shareholders and investors, as we actively pursue business opportunities within our target markets, including the cannabis market space, oil and gas ventures, precious metals, real estate development, and the advancement of our dolomite and silica holdings.
Keep me in the loop too all! Thanks!
Probably oils and new space that they were renovating for indoor grows...all good things. Hope they mention in the PR about the giant harvest that just happened ;)
Probably next week...they said they would update after the inspection this week ...I would expect it Monday or Tuesday
Yes, site inspections on what. Oh yea the giant indoor grow space for new tanants and processing facility...wait for that news to hit the market. Wow!
"Furthermore, the Company will release significant progress and information related to its Chewelah, Washington facility following site inspections this week. The Company is also pleased to remind investors of our stance against dilution (with no new shares issued in 2016) which has been made possible through our £30,000,000 GPB bond offering in the UK. "
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Told you news today. Update on MJ facility soon too!
I expect news very soon… They rarely release news pre market, so be on your toes
Healthy Asylum Doubles CannaStrip Production Capacity
Pot Network Staff Business, Featured, Investment Opportunities, News, Public Companies 469 Views
Lifestyle Delivery Systems (OTCQB: LDSYF)(CSE: LDS) moved a little closer towards bringing to market its CannaStrip, a cannabis-infused edible similar to a breath strip pegged as a healthier alternative to smoking. Last June, Canna Delivery Systems, a wholly owned subsidiary acquired by Lifestyle in an all-stock deal in May 2015, entered into a non-exclusive license agreement with Healthy Asylum. Per the agreement, Healthy Asylum pays an annual fee for the rights to make and sell CannaStrips, while being required to purchase certain materials, such as packaging and non-cannabis ingredients used for the product, from Canna Delivery Systems.
According to Healthy Asylum’s CEO Joshua Roper at that time, the intentions were to begin production immediately. As often happens, production didn’t launch as quickly as expected. The CannaStrips website shows “Coming Soon” under the “Where to Buy” tab.
But, things are moving the right direction. In February, a regulatory filing by Lifestyle showed that Healthy Asylum completed an automated production run to be used for samples and distribution to health care professions for evaluation among patients. About the same time, Lifestyle inked a separate, similar licensing agreement with Wisdom Homes of America (OTCPK: WOFA), a company that, despite what its name implies, is a licensor of products focused on the cannabis market.
In March, both Healthy Asylum and Wisdom Homes were receiving their first orders of CannaStrips.
Thursday afternoon, Lifestyle announced that Healthy Asylum reconfigured the production line and design specifications, effectively doubled its strip production capabilities to a projected one million finished products per month. The company is also investigating new packaging solutions, modifications that cumulatively are expected to reduce the cost of goods.
“With these new developments we are anticipating a very successful 2nd quarter of 2016,” commented Lifestyle chief executive Brad Eckenweiler in a press release.
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Disclaimer: PotNetwork.com, nor its parent company, Online Media Group, Inc., is not registered with any financial or securities regulatory authority and does not provide, nor claims to provide, investment advice or recommendations to readers of this release to buy, sell or hold any securities. Investing intrinsically involves substantial risk and readers are reminded to consult an investment professional and complete their own due diligence, including SEC filings, when researching any companies mentioned in this release. This release is based upon publicly available information and, while vetted, is not considered to be all-inclusive or guaranteed to be free from errors. PotNetwork.com publishes and distributes this release for informational purposes and has received no compensation from any company mentioned in this release. A complete disclaimer can be viewed at: www.potnetwork.com/legal-disclaimer.
Pot Network Staff
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This is gonna be fun...wait till next week
October 6. 10:58am.
We would like to thank our shareholder for their continued patience and support. Everything is coming together perfectly on all fronts! We have several very big announcements that should be coming out in the next few weeks. Looking forward to letting it all out of the bag very soon. Thank you!
ANY DAY NOW.
No dilution and executing their business plan. You really can't ask for anything better right now
Wow what a buying opp...news literally any day
Yep they are shooting up, as will we :)
$$WOFA$$...canna strips distributor in CALI. Meeting Friday. Vote Nov 8. Chart in an uptrend.
$$WOFA$$...canna strips distributor in CALI. Meeting Friday. Vote Nov 8. Chart in an uptrend. Micro float
I'd say it is time for actual MJ stocks like CGRA that don't dilute.
https://twitter.com/CGRAOTC
https://www.facebook.com/CGrowthCapital
http://www.cgrowthcapitalbond.com/
http://cgrowthcapital.com/
HARVEST NEWS ANY DAY!
Re: apparentamateur Post# 78704
I'd say it is time for actual MJ stocks like CGRA that don't dilute.
https://twitter.com/CGRAOTC
https://www.facebook.com/CGrowthCapital
http://www.cgrowthcapitalbond.com/
http://cgrowthcapital.com/
HARVEST NEWS ANY DAY!
Re: apparentamateur Post# 78704
$$WOFA$$...canna strips distributor in CALI. Meeting Friday. Vote Nov 8. Chart in an uptrend.
$$WOFA$$...canna strips distributor in CALI. Meeting Friday. Vote Nov 8. Chart in an uptrend.
$$WOFA$$...canna strips distributor in CALI. Meeting Friday. Vote Nov 8. Chart in an uptrend.
$$WOFA$$...canna strips distributor in CALI. Meeting Friday. Vote Nov 8. Chart in an uptrend.
$$WOFA$$ micro float @ .004 ...chart going UP
Can you even imagine what will happen to this when Cali legalizes on nov8...we probably will be up over a penny at that point too. Talk about an easy 10 bagger
It has begun...good call earlier
Not just something too....something big!
Wow this is excellent news and great to have you here! Thanks!
I think we hear something this week ...couldn't be better timing too
I know it's coming and hopefully we see news after the meeting !
Why today just curious?
Next PR is gonna be legendary.
Well we know that already ;)
Less than 2 hours to get in
Could be the last day to get in before they drop the BOMB on the MJ industry and have a huge run
Auto trimmers getting it done !
Meet the Brothers --> Auto-Trimmer 1 and Auto-Trimmer 2 #cannabis #mj #money pic.twitter.com/NaukNafKod
— Wildfire Cannabis (@WildfireMJ) October 19, 2016
By: Baystreet Staff - Tuesday, October 18, 2016
Lifestyle Delivery Systems Inc. and Canna Delivery Systems Inc. Sign a Binding Memorandum of Understanding for a Joint Venture to Produce CannaStrips with CSPA Group Inc.
[ACCESSWIRE]
VANCOUVER, BC / ACCESSWIRE / October 18, 2016 / Lifestyle Delivery Systems Inc. (CSE: LDS) (OTC Pink: LDSYF) (XETR: LD6) and its wholly owned subsidiary, Canna Delivery Systems Inc. (CDS), are pleased to announce the signing of a binding Memorandum of Understanding for a Joint Venture to produce CannaStrips with CSPA Group Inc.
The proposed Joint Venture would establish operations within an existing building that currently has a manufacturing permit to extract and produce medicinal cannabinoid products in Adelanto, California. Upon completion of a final agreement the Company intends to provide all the necessary equipment and expertise to the Joint Venture for the production of medicinal cannabis products using the CannaStrips technology. Brad Eckenweiler, CEO of LDS states, "We are very optimistic that upon the completion of this joint venture agreement and the resulting permitted facility becoming operational the CannaStrip brand can be produced and distributed in California in a manner acceptable and within the regulatory guidelines of the State of California. The fact that California represents the largest market segment in the cannabis industry worldwide with revenues that exceed $2.9 billion USD is why we have chosen to focus our efforts here first to establish the CannaStrip brand."
Yepp our friend Alan...we will rip now though. Had to get that out of the way
Yup don't let them shake ya. We knew this had to happen eventually...
"We are currently working with a media expert to develop additional material to assist Category One Botanicals with their marketing needs for the upcoming harvest."
Harvest any day now. Can't wait to see those pretty pictures !
CannaGrow Holdings Announces Launch of New Company Website
Marketwired October 19, 2016
GREENWOOD VILLAGE, CO--(Marketwired - Oct 19, 2016) - CannaGrow Holdings, Inc., ( OTC PINK : CGRW ), -- CannaGrow Holdings, Inc., a Liaison and Consultant providing turnkey solutions to licensed growers in the legal Cannabis industry, today announces the launch of their new website at http://www.cannagrowholdings.com.
Delmar Janovec, CEO, stated, "Now that the construction of the Buffalo Ranch Project I facility is completed and occupied by our first tenant, more time has become available to attend to other Company business. The launch of our new website is the first step in a process of branding CannaGrow Holdings as the "go to" team for all Cannabis projects in Colorado. We are currently working with a media expert to develop additional material to assist Category One Botanicals with their marketing needs for the upcoming harvest. The new website went live on October 14, 2016, and I would like to encourage our shareholders and other interested parties to visit http://www.cannagrowholdings.com to learn more about who we are and what we have to offer in the Cannabis Industry in Colorado."
Dr. John P. Janovec, Ph.D., COO of CannaGrow Holdings added, "The new CannaGrow Holdings website is a current snapshot of our collective vision and accomplishments as a viable company in the Legal Cannabis Industry in the State of Colorado. The diverse team of experts we have united along with our strategic alliance with Licensed Grower, Category One Botanicals, LLC, enables us to tackle a wide variety of challenges involving the business, construction, production, and compliance sides of the Cannabis Industry. We look forward to providing more real-time updates about our growing team and our achievements through our News & Blog pages."
CannaGrow Holdings, Inc., the Liaison and Representative for NuGro Industries, will continue in its capacity of providing oversight as the Facilities Manager, working with the State/County Agencies and Category One Botanicals, LLC, the Licensed Grower for the facilities. The completion of this project will now provide the company the basis to begin generating revenues from Licensed Growers subleasing the Turnkey facilities being built to the specifications of CannaGrow COO, Dr. John P. Janovec, and Consultant, Jason Wells. CannaGrow has already received numerous inquiries from additional perspective tenants and is also exploring additional business ventures within this industry that could further enhance shareholder value.
The site plan, grading plan, and phasing plan that was submitted by NuGro Industries, the landowner and developer, can be viewed on our website at: http://cannagrowholdings.com.
About CannaGrow Holdings, Inc.: