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Wednesday, December 08, 2021 11:04:30 AM
Press Release | 12/08/2021
Ann Arbor, MI, Dec. 08, 2021 (GLOBE NEWSWIRE) -- TransGlobal Assets Inc. (OTC Pink: TMSH) is pleased to announce that it has acquired 60 acres of privately owned land located west of the Trinchera Mountain Peak in Costilla County, southern Colorado. The company’s acquisition represents an extension of both the overall agriculture and technology priorities for the company and its stakeholders.
“Land is always a powerful investment, and we are excited about securing our future with this purchase,” said Curtis Philpot, CEO of TransGlobal Assets Inc. He continues, “This land acquisition will help facilitate our continued growth and expansion in Industrial Hemp and other areas.”
Development plans for an agriculture and technology hub will be announced within the current month. The Company has begun the preliminary processes to develop our Hemp Ranch located in South Haven, MI. The Hemp Ranch will be situated on 60 acres near Lake Michigan. Furthermore, as previously disseminated, the State of Michigan has granted the Company a hemp grower and processing registration. The Hemp Ranch will run Greenhouse facilities which provides us with numerous competitive advantages, especially since we can now grow hemp for CBD production. It also enables us to do Controlled Environment Agriculture (CEA) for better quality production, control and advancements.
One of the Company’s holdings is Monster Elixir Inc., which manufactures and distributes all natural hemp wellness brands. From our organic family farm to the end user, the Company brings nothing less than natural, organic and holistic products for healthy consumption. As such, we are currently looking for store front retail space to open the first Monster Elixir location in Ann Arbor, MI.
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