Notis Global Inc. (fka NGBL)

[Lynnard]

Company to Soon have Nearly 500 Acres Under Contract and Operation

LOS ANGELES, CA / ACCESSWIRE / July 7, 2016 /
Notis Global Inc. (NGBL), a pioneer in the worldwide hemp and CBD oil (cannabidiol) industry, specializing in cultivation, production and consulting, along with its subsidiary EWSD I, LLC, (EWSD) announced today that it has signed a purchase agreement for the acquisition of slightly more than 115 acres of prime farm land in Pueblo County, Colorado. The transaction which is expected to close in early October adds an additional 35% to the Company's farmable acreage and production capacity.
The acquisition connects EWSD's two existing parcels, resulting in a contiguous 438 acres for hemp farming activities and includes an office, house and a 5,000+ square foot permanent structure on site which may be used as a facility for its cloning operations. In total EWSD's acreage will become 485 acres.
"This acquisition will enable us to increase our cloning operations and allow us to concentrate our research and development efforts as we continue CBD oil product development along an accelerated timeline," said Jeff Goh, Notis Global president and CEO.
Additionally, the increased facility square footage allows EWSD to convert the existing farm house structure currently used for its operations, management and administration to become its onsite headquarters research, development and testing. The transition of the farm house will take place in early 2017 once the current owner's lease expires.
About Notis Global
Based in Los Angeles and doing business around the world, Notis Global is a pioneer in the burgeoning, multibillion-dollar legal hemp industry. The Company and its partners are working to grow confidence and generate revenues in the hemp industry. For more information, visit http://NotisGlobal.com.


Not that hard to find.

Notis Global = EWSD = Shi Farms