You don't have to own the building. As long as GCGX per contract with the owner specified that they were going to sublet part of the building and the owner agrees(of which he would have to or it would be illegal)then that is all that is needed. See below.
YahooFINANCE
Global Consortium, Inc. continues to build out America's first Cannabis Mall
GlobeNewswireFebruary 4, 2019, 7:00 AM EST
America's first Cannabis Mall
Distribution opening shortly
Expanding footprint across California, expanding brand portfolio
COCONUT CREEK, Fla., Feb. 04, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE--Global Consortium, Inc., (OTCPINK: GCGX) is designing and building out America's first "Cannabis Mall".
The Cannabis Mall, when completed will house Manufacturing, Distribution, Delivery, Retail and Cultivation all under one 64,000 square foot building. The Mall will house the largest Manufacturing facility of THC and CBD Distillate and Edibles believed to be operational in the United States.
SCROLL TO CONTINUE WITH CONTENTAd
Advanced Investment Analysis at No Cost
The Distribution space will be leased out to a 3rd party with a 50% revenue share for Global, and all of Global's products will be distributed for free. The completion of the build out and final inspections are expected to be completed by April 1, 2019, at which time Distribution will go operational.
The Delivery space will operate the same as Distribution and is expected to come operational in the next Quarter.
While we wait for Distribution and Delivery to come online, Global is busy forging relations to expand our footprint beyond Sacramento. Global is seeking to acquire other brands to manufacture and add to their portfolio.
