GB Sciences Inc (GBLX)

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Cannabis Grow, Moving GB Sciences into a Revenue Generating Stage

GB Sciences Nevada, LLC. receives State Registration Certificate in Las Vegas, Nevada


LAS VEGAS, Jan. 4, 2017 /PRNewswire/ -- GB Sciences Nevada, LLC ("GBSN"), a wholly owned subsidiary of GB Sciences, Inc ("GB Sciences" or the "Company"). (OTCQB: GBLX) is pleased to announce the receipt of the State Registration Certificate for its 28,000 sq. ft. cannabis cultivation facility located at 3550 West Teco Avenue in Las Vegas, Clark County, Nevada, which allows the facility to produce cannabis.

"The receipt of the registration certificate is a monumental step for the Company as it will allow us to move forward in a new, cash flow generating, phase. The team and I are extremely excited about the opportunities ahead," said John Poss, GB Sciences' CEO.

GB Sciences cannabis cultivation facility will initially be equipped with 200 grow lights supporting approximately 800 cannabis plants, with an initial production of 115 pounds of cannabis per month and serve the patient population of Nevada. When it's at capacity, the facility will have 1,000 grow lights and 4,000 plants, which are expected to generate over $20 million in revenues per year.