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Re: fishflip post# 5268

Tuesday, 08/29/2017 1:44:44 PM

Tuesday, August 29, 2017 1:44:44 PM

Post# of 22139
Average Price per Acre ---

The Mountain region had the lowest farm real estate value at $1,100 per acre. The United States cropland value increased by $30 per acre (0.7 percent) to $4,130 per acre from the previous year. In the Southern Plains region, the average cropland value increased 9.2 percent from the previous year. Aug 5, 2015

https://www.usda.gov/nass/PUBS/TODAYRPT/land0815.pdf

Closes on Land Deal in Oregon with Active Cannabis Grow License -- 50% Ownership

* with now partner, Hspendleton, LLC previous owner of the land and part owner of the recreational license

* The company closed on the property today with $80,000 down, $100,000 convertible note and another $70,000 owed late spring for a total of $250,000.

* The property is currently holding an active outdoor recreational grow facility and license owned by Groovy Groves, LLC,

* The license is currently a Tier II grow license which allows 40,000 sq.ft. of outdoor grow.

* We expect revenues in the neighborhood of $3,000,000 to $4,000,000 on this property next year. We will likely begin planting the next crop in late January.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134195286


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