SETO Holdings, Inc. (OTC PINK: SETO) to Invest in Pharmaceutical Grade CannabisPress Release | 07/19/2018
HANOVER, MD / ACCESSWIRE / July 19, 2018 / SETO Holdings, Inc. (OTC PINK: SETO) announces that it has entered into negotiations for investment in a cannabis grow and processing facility. Seto's estimated investment of three million dollars ($3,000,000.00) will be staggered, consisting of a combination of cash, stocks, and debt. The specific terms of the joint venture will be negotiated over the next 90 days. Seto is developing private investment sources for the initial phase of the project.
With this tie-up, SETO has procured the expertise required for the development of a pharmaceutical-grade facility for growing, processing and dispensing medical marijuana. The pool includes cannabis growers, organic growing methods and hydroponics with crop emphasis on healing herbs and medicinal plants, including management expertise for farming/managing 600 acres.
We will issue periodic updates of our progress.
