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Wednesday, October 02, 2019 7:13:38 AM
Press Release | 10/02/2019
PUEBLO, CO, Oct. 02, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – SGD Holdings, Ltd. (OTC PINK: SGDH), a Lessor, Consultant, and Property Manager in the Cannabis Industry in the State of Colorado, has signed a long-term sublease with a prospective tenant for the Retail Marijuana Dispensary in Walsenburg, Colorado.
Delmar Janovec, CEO, states, “The building remodel is very close to complete and our prospective tenant is already in the licensing process. The Company is working toward both events being completed in a time frame that would allow for a Grand Opening as we head into the Holiday Season.”
Janovec went on to say, “The new retail dispensary is conveniently located at the Northern Walsenburg I-25 exit where the future signage will be visible to approximately nine million plus vehicles a year. We feel that the local traffic of approximately one million five hundred thousand vehicles passing directly in front of the retail location each year will create exposure that will certainly give the tenant the boost needed for the successful opening of our first retail dispensary sub-lease.”
SGD Holdings, Ltd. encourages the public to read the above information in conjunction with its year-end statement for December 31, 2018, and the quarterly statements filed in calendar year 2019, at: www.otcmarkets.com.
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